Credit Reinsurance Pricing Lead

The Opportunity:

The position is responsible for providing expert actuarial advice to support sustainable and profitable pricing decisions across assigned products and portfolios, with a focus on QBE Re’s Credit business. The role leads the development, review, and governance of pricing methodologies, models, and tools for various Credit lines, including Political Risk, Trade Credit/Whole Turnover,  Surety, Mortgage as well as credit asset classes that include Trade Credit, Project Finance, Structured Credit, Leveraged Finance, Fund Finance, Real Estate Finance and bespoke credit portfolio structures including CLOs and SRTs.  This position is responsible for ensuring alignment with business strategy, risk appetite, and actuarial standards.

This position acts as a key partner to Underwriting, Claims, and Finance, translating complex actuarial analysis into clear pricing insights, and ensuring that pricing decisions are technically sound, commercially relevant, and appropriately governed.

• Location: New York, NY

• Work Arrangement: This role is hybrid, where you will be expected to be in the office 2-3 days per week.

• Salary range for this role is: $188,000.00 - 282,000.00, depending on experience
   

Your new role

• Analyze and price credit reinsurance treaty business or ad-hoc case pricing for bespoke credit reinsurance business and ensure conclusions and recommendations are analytically robust and clearly supported by data and models.

• Present complex analyses in a clear, structured manner to both technical and non‑technical audiences.

• Provide support to underwriters to negotiate terms and structures to meet business goals.  This may involve supporting underwriters in broker meetings and calls.

• Maintain and continuously improve credit actuarial methodologies, models, and reporting practices reflective of current credit and geopolitical risk trends

• Develop monitoring and ad‑hoc reporting to track pricing performance, profitability, and variance from expectations.

• Perform deep‑dive portfolio and product analyses, identifying performance drivers, trends, and emerging risks.

• Work with the Head of Credit Reinsurance to proactively identify and evaluate opportunities to improve portfolio mix, pricing actions, and underwriting strategies.

• Contribute to business planning and forecasting.

• Build and maintain strong internal and external stakeholder relationships, delivering timely, relevant, and actionable insights.  Internal stakeholders include underwriting, claims, finance and senior leadership.

• Foster a culture of technical excellence, accountability, and continuous improvement within the pricing function.

Work Experience:

Understanding of various Political Risk and/or Credit (re)insurance classes or product knowledge across asset classes: corporate credit, real estate, fund finance, project finance, mortgage finance, structured credit, sovereign lending, emerging markets, Surety.

• Progressive experience within actuarial or similarly quantitative career, preferably with exposure to pricing Property and Casualty insurance and/or reinsurance.

• Solid background in (re)insurance, including reserving and/or pricing with a specialization in financial risks or forecast modelling using rating scales and corporate or sovereign default probabilities.

• Experience in developing and modifying pricing models.

• Experience working independently and in teams.

• Experience presenting technical work products to technical and non-technical audiences.

• Knowledge of programming tools such as VBA, SQL, R, Python

Qualifications:

• Actuarial qualification or progress toward qualification is strongly preferred (e.g., FCAS, ACAS, FIA, IFOA, or equivalent), where applicable (or equivalent relevant qualifications such as MBA and/or CFA).

• Tertiary degree in actuarial science, mathematics, or related quantitative discipline (or equivalent experience).

Compensation Package: The salary range for this role is provided above. This is the national range for location(s) listed. The salary offer will be decided based on the role's complexity, its location, and the candidate’s professional background, including their education and experience. Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE’s annual discretionary bonus plan based on business and individual performance. We encourage all candidates to apply, even if their salary expectations fall outside of this range, as we are committed to finding the right fit for our team. 

QBE 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: 

• Hybrid Working – a mix of working from home and in the office 

• 22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis 

• Competitive 401(k) program with company match up to 8% 

• Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advice 

• Tuition Reimbursement for professional certifications, and continuing education 

• Employee Network and Community – QBE actively supports six Employee Networks, and many ways to give back to your community 

To learn more, click here: Benefits | QBE US. 

Why QBE? What if you could have a positive impact – at work and in the world? 

At QBE, we’re enabling a more resilient future – for our customers, communities, environment, and for our people. We’re building momentum to achieve something significant and know our people are at the center of our success. 

Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind. And our international scale means we’re big enough for your ambitions, yet small enough for you to make a real impact. 

Join us now, so you can be part of our success – and we can be part of yours! 

https://www.linkedin.com/company/qbe-north-america/ 

QBE is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search for and apply for a career opportunity with QBE, please inform our Talent Acquisition team to let us know the nature of your accommodation request and your contact information.    

Equal Employment Opportunity:   

QBE provides equal employment opportunities to applicants and employees without regard to race; color; gender; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; protected veteran status; or disability or any other legally protected status.   

This position is not eligible for visa sponsorship. Applicants must be authorized to work in the United States on a full-time basis without the need for current or future sponsorship. 

Supplementary information

Skills:

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.