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Radka Kvasnica has a diverse work experience spanning several companies and roles. Radka began their career in 1999 as a Trainee at Nationale-Nederlanden, where they worked until 2000. Radka then joined Erste Bank in 2001, where they held a role in Group Risk Controlling/Operational Risk until 2003. In the same year, Radka joined Allianz Österreich, initially working in the Reinsurance Department until 2006 when they became the Head of Actuarial P&C. From 2011 to 2015, they served as the Head of Pricing and later took on the role of Head of Actuarial P&C Division and Chief Actuary P&C. Since 2012, Radka has also worked as a Tutor at the Fachhochschule des BFI Wien (University of Applied Sciences).

Radka Kvasnica pursued a doctoral degree in Versicherungsmathematik (Insurance Mathematics) from Charles University. The specific start and end years of their education are not provided. Additionally, they obtained a certification in Strategic Planning Foundations from LinkedIn in July 2022.