Group Head of Property Pricing
About The Position
The purpose of this role is to work closely with key senior stakeholders to develop and implement plans to deliver pricing strategy. Responsibilities include providing leadership and oversight to ensure the Group Property technical pricing framework is delivered consistently across divisions, aligned with Group Pricing Standards and return-on-capital objectives. This role involves developing and maintaining the Group Property technical pricing framework, with a strong emphasis on enhancing the quality of technical pricing and building confidence in technical rate adequacy as a strategic enabler for portfolio management and decision-making. The position also leads and develops an offshore team responsible for sourcing, transforming, and validating divisional data, and for building non-Catastrophe Property peril models using appropriate modelling techniques in collaboration with divisional pricing teams. Collaboration with the Catastrophe Modelling team is crucial to integrate Cat model outputs, including allocated reinsurance costs and capital costs, to produce a comprehensive total technical price. The role oversees the deployment of pricing tools into underwriting workflows, ensuring solutions meet underwriter requirements and meaningfully support risk selection and pricing decisions. It also involves monitoring and challenging pricing performance, including rate change and rate adequacy, and providing actionable insights to support portfolio optimisation and profitability targets. Collaboration with underwriting, portfolio management, product committee, and claims is essential to improve data quality, enhance pricing insight, and ensure consistent application of technical pricing. The role represents the global pricing community in Property product committees and provides technical expertise to support data-driven decisions. Contributions to pricing transformation initiatives, including tool enhancement, infrastructure improvements, and adoption of new methodologies and technologies, are expected. Leadership and engagement with the global pricing community are key to align Group and Divisional teams, balancing standardisation with local market requirements and divisional needs. The role contributes to the development and execution of the Global Pricing Strategy and leads the ongoing evolution of the Property pricing operating model, including prioritisation, delivery cadence, and effective alignment across Group, offshore and divisional pricing teams to support scalable pricing solution delivery.
Requirements
- Analytical Thinking
- Coaching for success
- Communication
- Critical Thinking
- Influencing
- Intentional collaboration
- Managing performance
- Navigating ambiguity
- Portfolio Management
- Price Modelling
- Pricing Strategies
- Risk Management
- Strategic Thinking
- Team Management
- Working Independently
- Applicants must be authorized to work in the United States on a full-time basis without the need for current or future sponsorship.
Nice To Haves
- Delivering pricing tools
- Developing leading edge pricing techniques
- Strong experience in insurance pricing, with a focus on Property or Specialty lines, ideally within commercial or large corporate portfolios
- Deep understanding of end‑to‑end pricing, including model development, deployment, and ongoing performance monitoring
- Experience working with pricing tools and integrating models into underwriting systems and workflows
- Exposure to global or cross‑regional pricing initiatives, with an appreciation of balancing standardisation and local market requirements
- Commercially minded with the ability to challenge and influence stakeholders, bringing the confidence to balance technical rigour with practical decision‑making
- Collaborative approach, with experience working across underwriting, portfolio management and data teams to drive consistent and effective pricing outcomes
- Relevant industry qualifications.
- Qualified Actuary with extensive business experience working as a Pricing Actuary
Responsibilities
- Provide leadership and oversight to ensure the Group Property technical pricing framework is delivered consistently across divisions, aligned with Group Pricing Standards and return-on-capital objectives.
- Develop and maintain the Group Property technical pricing framework, with a strong emphasis on enhancing the quality of technical pricing and building confidence in technical rate adequacy as a strategic enabler for portfolio management and decision-making.
- Lead and develop an offshore team responsible for sourcing, transforming, and validating divisional data, and for building non-Catastrophe Property peril models using appropriate modelling techniques in collaboration with divisional pricing teams.
- Work closely with the Catastrophe Modelling team to integrate Cat model outputs including allocated reinsurance costs and capital costs to produce a comprehensive total technical price.
- Oversee deployment of pricing tools into underwriting workflows, ensuring solutions meet underwriter requirements and meaningfully support risk selection and pricing decisions.
- Monitor and challenge pricing performance, including rate change and rate adequacy, and provide actionable insights to support portfolio optimisation and profitability targets.
- Collaborate with underwriting, portfolio management, product committee, and claims to improve data quality, enhance pricing insight, and ensure consistent application of technical pricing.
- Represent global pricing community in Property product committees and provide technical expertise to support data driven decisions.
- Contribute to pricing transformation initiatives, including tool enhancement, infrastructure improvements, and adoption of new methodologies and technologies.
- Provide leadership and engage with the global pricing community to align Group and Divisional teams, balancing standardisation with local market requirements and divisional needs.
- Contribute to the development and execution of the Global Pricing Strategy.
- Lead the ongoing evolution of the Property pricing operating model, including prioritisation, delivery cadence, and effective alignment across Group, offshore and divisional pricing teams to support scalable pricing solution delivery.
Benefits
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Education Level
No Education Listed
