Job Overview & Organization Mission

Build generalized linear models (GLMs) and machine learning risk rating algorithms for commercial and consumer insurance portfolios.

QBE Insurance is seeking a Senior Actuarial Pricing Manager to lead the personal and commercial lines pricing analytics team in Sydney. In this senior technical role, you will develop predictive loss cost models, analyze weather catastrophe risks, and optimize premium rate structures using Emblem and Radar.

As a key member of the team at QBE Insurance in Sydney, NSW, you will play a central role in driving excellence, upholding top-tier Australian industry standards, and contributing directly to the strategic milestones of one of the nation’s premier employers.

Key Duties & Core Responsibilities

In this critical role, your operational duties and key performance responsibilities will encompass:

• Develop generalized: Develop generalized linear models (GLM) and gradient boosting machine learning models for insurance frequency and severity.
• Calibrate dynamic: Calibrate dynamic price elasticity curves and competitor rate benchmarks in Willis Towers Watson Radar.
• Monitor portfolio: Monitor portfolio loss ratios, claims development trends, and inflation impacts across Australia and New Zealand.
• Liaise with: Liaise with underwriting heads to implement target technical pricing updates.
• Mentor actuarial: Mentor actuarial analysts toward completion of their FIAA qualifications.

Required Qualifications, Licenses & Experience

To be successful in this position at QBE Insurance, candidates are expected to satisfy the following essential selection criteria:

• Mandatory Qualification: Bachelor of Actuarial Studies & Fellow of the Institute of Actuaries of Australia (FIAA).
• Relevant Experience: Minimum 5+ Years of verified industry experience in Australia or recognized overseas equivalence.
• Degree in Actuarial Studies, Mathematics, or Statistics.
• Fellow of the Institute of Actuaries of Australia (FIAA) or equivalent international actuarial body.
• 6+ years actuarial pricing experience in general insurance.
• Expertise in Emblem, Radar, Python, and R.

Core Competencies & Key Technical Proficiencies

The successful applicant will possess demonstrated capabilities across the following domain skill sets:

Salary, Compensation & Employee Benefits

At QBE Insurance, we understand that our people drive our achievements. An outstanding remuneration and wellbeing package is provided in line with Australian benchmarks:

• Competitive Remuneration: AU$180,000 – AU$230,000 per year + standard Australian Superannuation (11.5%).
• Remuneration $180,000 – $230,000 + 11.5% super + corporate annual bonus.
• Flexible working framework with 50/50 office-home hybrid rhythm.
• Generous insurance subsidies, wellness days, and professional membership support.
• Leave Entitlements: 4 weeks annual leave (with 17.5% annual leave loading where applicable) plus 10 days paid personal/carer’s leave.
• Flexible Work: Progressive work-life balance options with supportive corporate culture and leadership development pathways.

About the Employer: QBE Insurance

QBE Insurance Group is an international general insurance and reinsurance company, operating across 27 countries with major Australian headquarters.

QBE Insurance is deeply committed to building diverse, equitable, and culturally inclusive work environments. We proudly celebrate diversity and welcome applications from all qualified individuals including First Nations Australians, people with disabilities, and candidates from culturally and linguistically diverse backgrounds.

Application Process & Next Steps

Applications for this position are currently open and being reviewed on a rolling basis. Suitable candidates are encouraged to apply as early as possible before the published closing date.

Please prepare an updated Curriculum Vitae (CV) and a tailored Cover Letter highlighting your relevant experience against the key selection criteria outlined above.

To proceed with your application, click the Apply on Employer Site button to access the official QBE Insurance careers gateway.