Specialist Actuary, Excess Casualty
Job Description
We are looking for a motivated actuary to join the North America Excess Casualty Insurance Pricing & Analytics team
You will develop and refine pricing models, conduct in-depth analyses, and deliver actionable insights and tools to support our excess casualty actuaries and underwriters
DISCOVER your opportunity What will your essential responsibilities include
Support the development, testing, calibration, and maintenance of pricing models and complex rating algorithms, including studies on pricing parameters, change impacts, and documentation
Pricing tool data collection oversight, analysis, quality checking, and reporting
Analyze internal and competitor data to support strategy development and financial planning
Utilize actuarial pricing tools and expertise to produce accurate, timely, and comprehensive account-specific pricing guidance
Collaborate with actuaries and communicate effectively with underwriters
Micro portfolio management activities including selection of base loss ratio for business planning, profitability studies & deep dives, dashboard maintenance, and post-event loss evaluations
Engage closely with teams for pricing accuracy and operational alignment including but not limited to: Governance, CUO, Underwriting, Reserving, Claims, Models & Analytics, IT, Compliance, etc
Guide less experienced actuarial colleagues, take initiative in team projects, and actively participate in developing team practices and strategies
Provide various trainings to underwriters, ensuring they are equipped to make informed decisions
Adhere to and comply with regulatory standards and organizational policies
You will report to a qualified actuary on the Insurance North America Excess Casualty Pricing and Analytics team
SHARE your talent We’re looking for someone who has these abilities and skills: Required Skills and Abilities: Bachelor’s degree in Actuarial Science, Mathematics, Applied Math, Statistics, or related field Qualification level – Qualified or near qualified actuary through the Casualty Actuarial Society Material experience in Property & Casualty actuarial pricing or reserving Motivated, strategic thinker with a robust collaborative work ethic and a focus on quality and integrity Proficiency in Excel Legally authorized to work in the posting country Desired Skills and Abilities: Programming proficiency in Python, R, or SQL is a plus Leadership skills to work collaboratively with colleagues to build consensus Exceptional problem-solving and analytical skills, as well as attention to detail Excellent influencing and negotiating skills utilizing effective verbal and written communication Adaptable to new challenges and proactive for innovative problem solving Good organizational, time management and prioritization skills Who WE are AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks
For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it
How
By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward
Learn more at axaxl.com What we OFFER Inclusion AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic
At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success
That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential
It’s about helping one another — and our business — to move forward and succeed
Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe
Robust support for Flexible Working Arrangements Enhanced family-friendly leave benefits Named to the Diversity Best Practices Index Signatory to the UK Women in Finance Charter Learn more at Inclusion & Diversity at AXA XL | AXA XL
AXA XL is an Equal Opportunity Employer
Total Rewards AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security
It provides competitive compensation and personalized, inclusive benefits that evolve as you do
We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence
Sustainability At AXA XL, Sustainability is integral to our business strategy
In an ever-changing world, AXA XL protects what matters most for our clients and communities
We know that sustainability is at the root of a more resilient future
Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations
Our Pillars: Valuing nature: How we impact nature affects how nature impacts us
Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future
We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans
Addressing climate change: The effects of a changing climate are far-reaching and significant
Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption
We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions
Integrating ESG: All companies have a role to play in building a more resilient future
Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business
We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting
AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs
These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving
For more information, please see Sustainability at AXA XL
Actual pay will be determined based upon the individual’s skills, experience and location
We strive for market alignment and internal equity with our colleagues’ pay
At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits
We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers.