Capital Modelling Analyst

Primary Details Time Type: Full time
Worker Type: Employee
To assist in the provision of services in Capital Modelling and reporting to ensure appropriate capital management at all levels within the company
Location: Sydney
Type: Permanent, full time
The opportunity
QBE are seeking an experience Capital Modelling Analyst to assist in the provision of high-impact actuarial services within QBE’s Group Capital Modelling function.
In this role you will contribute to a wide range of Capital Modelling activities, with an additional focus on developing and improving modelling processes to promote the use of economic Capital Modelling across the wider business.
Your new role
You will utilise your skillset to, amongst other things:
Support business decision-making processes such as, but not limited to, capital management, risk management, reinsurance, catastrophe aggregations, reserving, and asset-liability management.
Support the development and maintenance of the global capital model, including prioritisation and implementation of proposed model developments, and management of model releases.
Perform analysis to determine the capital needs of the business.
Contribute to the use of the model for capital allocation, risk appetite monitoring, operational risk modelling, reserving variability analysis, and analysing reinsurance options.
Performing validation and ensuring appropriate checks are performed within processes to minimise inaccuracies.
Crafting reports and presentations for internal management and regulators.
Network with QBE Actuarial, Risk, Reinsurance, and Exposure Management functions globally, so as to enable appropriate consistency of process, and encourage the sharing and adoption of standard methodologies.
About you
To succeed in this role you will need:
A solid understanding of industry best practice in actuarial analysis and modelling, preferably with Global Insurance experience
Bachelor's Degree or equivalent combination of education and work experience
Degree in actuarial or other mathematically focussed areas.
Excellent problem-solving and analytical skills.
Expert user in Excel and other analytical tools. Able to conceptualize and lead others in their use for solving specific problems
About QBE
We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future – helping those around us build strength and embrace change to their advantage.
We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner.
And our people will be at the centre of our success. We’re proud to work together, and encourage each other enable resilience for our customers, our environment, our economies and our communities.
With more than more than 13,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate and kind.
We believe this is our moment – what if it was yours too? Your career at QBE — let’s make it happen!
Benefits
We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to and benefit from:
‘Hybrid Working’ – a mix of working from home and in the office to enhance your work/life balance
Our ‘Thriving at our Best’ wellbeing program, including free holistic wellbeing coaching, nutritional, confidential counselling, financial and legal advice
18 weeks’ gender-equal flexible leave for all new parents, including paid super
The ability to maximise retirement savings through voluntary super contributions and company matching
Income protection insurance & reimbursed Death and Total Permanent Disability insurance premiums
Additional leave and support through QBE’s Family Domestic Violence First Responder Network
Discounts on insurance products, car hire, hotels, goods and services including benefits through our various sports and arts sponsorship partners
Rewards & Recognition
We value our employee’s experience with us and are proud to have been recognised for the following awards:
2021 LinkedIn Top Employer & HRD Employer of Choice
2020 Best Workplace Diversity & Inclusion and Excellence Award for Best Health & Wellbeing at the Australian HR Awards
Gold Employer status for 4 years in a row 2019 - 2022 Australian Workplace Equality Index (AWEI) – the definitive national benchmark on LGBTQI+ workplace inclusion
Ranked 6th place in the AAGE Top Graduate Employers 2021 as voted by graduates
Top 20 Workplaces for Dads in 2019 and 2020 (HBF Direct Advice for Dads)
Family First accredited employer since 2021
APPLY NOW and let’s make it happen!
Click APPLY to submit your application. Successful applicants will need to complete work rights, police and credit checks through our online provider as a condition of employment.
QBE recognise the value of diverse perspectives and experience. We are committed to an inclusive workplace where everyone feels valued and respected for who they are. If we can provide support with accessibility requirements and adjustments, alternative work arrangements or you would like to connect with one of our employee networks at any stage of the recruitment process, please contact us at
Expected salary range for this position: $75,000 - $95,000.
Application Close Date: 28/03/2024 11:59 PM
How to Apply:
To submit your application, click "Apply" and follow the step by step process.
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.