Address
SalaryPrimary Details Time Type: Full time
Worker Type: Employee
To support the oversight of capital, model Risk and broader financial risk management
Location: Sydney
Type: Permanent, Full Time
The opportunity
A role has become available in the Financial Risk Management (FRM) team in QBE that will require the ideal candidate to:
Work with the FRM team members to support the oversight of capital, model risk management and and the key financial risks (credit, liquidity, market) while collaborating with stakeholders in Division Risk teams, Group Finance, Treasury, and Group Investment teams.
Identify opportunities to improve risk management processes and their implementation to enhance data analysis and decision-making.
Group Risk has a focus on building deep understanding of the business and the risk environment to support business outcomes. FRM are a key player in this strategic objective. Therefore, this role will help FRM build technical expertise and insights to embed sustainable and effective risk management practices.
Your new role
In this role you will:
Utilise your general insurance knowledge, financial and actuarial expertise to support the review of capital processes including Internal Capital Adequacy Assessment Process (ICAAP), Economic Capital modelling (ECM), regulatory capital and other critical business processes.
Support the implementation of QBE Group Model and UDA governance framework including development of tools and best practices across the Group.
Support FRM team members develop operationally efficient solutions using machine learning and other AI solutions (to identify key drivers of these risks and enhance risk controls) for the oversight of key financial risks including liquidity, credit, market.
Ensure compliance with QBE policies and procedures and relevant legislation.
Establish and maintain a good working relationship within the FRM, Group risk teams and broader business areas.
The recruitment process will include a phone call with our Talent Acquisition team, up to two interviews (either face to face or online via Teams) and background checks.
About you
To succeed in this role you will ideally have:
Bachelor to Masters’ Degree in a quantitative field such as Actuarial, Statistics, Mathematics or related disciplines
Knowledge of the general insurance industry including the regulatory environment in Australia
Working experience in general insurance actuarial areas (reserving, pricing, capital or similar)
Ability to analyse, interpret data and resolve complex issues
Analytics experience using modern data science tools such as SQL, R, Python and data visualisation skills (e.g. PowerBI) an advantage
Ability to convey and communicate information clearly and confidently to a wide audience
Inquisitive, with a passion for business improvement and empirical analysis
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
Application Close Date: 14/02/2024 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.
