Junior Analyst / Graduate Analyst / First step into a Global Insurance Player

Recruiter
QBE Financial
Location
London, South East England
Salary
30000.0000
Posted
11 Jun 2017
Closes
11 Jul 2017
Sector
Education
Contract Type
Permanent
Hours
Full Time

Role Purpose (Summary)

The role of the RuleBook author is to

  1. Develop and continuously enhance the knowledge and expertise of RuleBook within QBE

  2. Ensure that the RuleBook platform is effectively configured and maintained

  3. Develop and deploy new and amended pricing models using the tool

  4. Ensure that best practice with respect to governance and controllership of the system is maintained (release management, testing, software updates, etc.)

  5. Provide the pricing actuaries and underwriters with advice and guidance on how best to exploit the capabilities of the system

    General Description

  • Interpret the requirements of the Underwriting and Actuarial teams and translate those requirements into practical, efficient and reusable RuleBook models
  • Maintain accurate and up to date documentation of the RuleBook platform and the models that are implemented in the system
  • Continuous maintenance of the tool and the models, as required (enhancements, bug fixing, tuning, etc.)
  • Work with business stakeholders to provide advice on how to maximise the potential of the RuleBook product and how new products or restructured pricing models may be implemented
  • Support the IT team when new versions of the software are being deployed (providing advice, UAT support, etc.)
  • Assist in designing reporting outputs from RuleBook
  • Identify and monitor RuleBook and Models risks and issues, managing the inter-dependencies between the business needs and the release of any updates to the system, implementing solutions and providing recommendations
  • Assist in co-ordinating testing activity, ensuring activity is correctly planned, scheduled and resourced and that test cycles are correctly implemented
  • Help to prepare and deliver appropriate recommendations to RuleBook User Group for approval
  • Build and maintain strong relationships with key internal stakeholders and external Vendors to ensure business needs are met
  • Ensure the change readiness of the receiving business area and help to manage and minimise any disruption and ensure full business benefit is realised
  • Be aware of departmental and business unit vision, values and strategy to appropriately align initiatives
  • Be aware of and comply with QBE’s policies at all times
  • Any other duties appropriate to the grade and level of responsibility of this post, for which the post holder has the necessary experience and/or training
  • Ensure continuing professional development is up to date at all times

Essential Skills

  • University education with a strong mathematical, actuarial and/or computer science component
  • Understanding of working with a formal software development lifecycle: specifically

o Requirements gathering and analysis

o Software development

o Testing processes

o Release management

  • Excellent analytical and critical thinking skills
  • Understanding of "end user" tools - Microsoft Excel, Microsoft Access, visual basic macros, etc.
  • Excellent verbal and written communication skills.

Desired Skills

  • Knowledge of actuarial pricing models
  • Knowledge of pricing systems (such as RuleBook, Polaris, etc.)
  • Knowledge of the commercial insurance industry
  • May be studying towards a professional qualification or possesses commensurate professional experience

Personal Characteristics

  • A curious and questioning nature. Unsatisfied with the status quo - always seeking to drive improvements
  • An ability to work independently with minimal supervision. Can manage own workload in order to complete allocated tasks to time
  • Ability to work with remote stakeholders and to develop and maintain remote relationships despite the remote location
  • Comfortable in constructively challenging key stakeholders (actuaries, underwriters, IT) irrespective of role and seniority
  • Identifies issues and solutions according to prescribed processes and procedures; escalates to supervisor or manager where an issue falls outside these parameters