Trainee Actuary/Pricing Analyst - 12 Month FTC
Job Description
Description We are currently recruiting a Trainee Actuary/Pricing Analyst for a 12 Month FTC in our Pricing & Underwriting Department
Reporting to the Commercial Lines Pricing Manager, your role will be to support the pricing function within AXA Ireland to achieve overall financial targets for all classes of business / channels / territories written by AXA Ireland
At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team, and our customers
You'll spend the majority of your working week away from home, either at one of our office locations, visiting clients or attending industry events
You will work in a team of analysts and actuaries: your main responsibilities will include: Preparing data, including extracting target data from multiple databases, integrating datasets, creating derived variables, applying business rules, and performing quality control checks to ensure data accuracy and reliability
Exploring datasets (internal/external) which can help price and underwrite risks more effectively Developing rate change proposals and supporting impact analyses to maximise portfolio value
Ensuring that pricing actions are aligned to overall AXA account targets and strategic financial plan
Abiding by AXA customer fairness expectations and all applicable regulations
Making pricing recommendations to ensure profitability and communicating these effectively to the business
Monitoring performance of rating actions and overall account KPIs against expectations and identifying solutions as required
Providing support on requests for additional pricing analysis when required
Deriving and sharing account optimisation insights and analysis at regular account review meetings
Working collaboratively within the Pricing & Underwriting team and sharing best practices
Maintaining existing internal tools by implementing new features and addressing any issues or bugs to ensure continuous improvement and reliability
Representing Pricing team on cross-functional projects within AXA Ireland
Demonstrating flexibility within the role, being prepared to undertake other duties as assigned by line manager from time to time
About You: Candidates must hold a numerical degree in Statistics, Actuarial Studies, Engineering, Mathematics, or Computer Science
A master’s degree in these areas is advantageous but not mandatory
Ideally, candidates will have 2+ years of experience in a similar Trainee Actuary, Pricing Analyst, or Data Science role
Experience working in Commercial Lines pricing desirable including understanding the insurance industry and external influences
Proven experience using SAS, R and/or other programming languages
Strong knowledge of data sources, analytical tools, and key business drivers
Ability to identify and communicate limitations of tools and methods
Proven experience using Microsoft Office suite
Detailed-oriented, problem-solver and solution focused with proven ability to deliver, prioritising and organising workload
Autonomous, innovative, pragmatic, and capable of applying both known and new techniques
Ability to work on multiple projects at the same time
Able to apply analytical problem solving, make recommendations, and implement improvements continuously in a dynamic environment
Excellent written and verbal communication skills with an ability to work collaboratively with others Awareness of compliance requirements related to Health & Safety, IT Security, and relevant legislation within the Pricing & Underwriting department
This recruitment campaign will be used to support permanent, temporary and/or extension for any upcoming similar positions.