Senior Pricing Actuary - ART Casualty North America

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry. At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves.

About the Role

AXIS Capital is seeking a highly skilled Senior Pricing Actuary to support the growth and profitability of its Alternative Risk Transfer (ART) portfolio within North American casualty lines. This role partners closely with underwriting to deliver actuarial insight across bespoke and complex structured risk solutions. The successful candidate will play a critical role in pricing, structuring, and monitoring ART transactions while ensuring alignment with AXIS’s risk appetite, capital strategy, and client value proposition.

Responsibilities

• Lead pricing analysis for ART casualty transactions
• Develop and refine stochastic and deterministic pricing models for low-frequency / high-severity risks
• Evaluate deal structures, cash flows, and profitability under various stress and scenario assumptions
• Collaborate with underwriting to structure transactions that meet client needs while achieving target returns
• Monitor profitability and performance of ART casualty portfolio across North America
• Conduct experience studies, reserve adequacy reviews, and profitability analyses
• Provide actionable insights on rate adequacy, attachment points, limits, and retention structures
• Assess capital requirements and return metrics for ART deals
• Interface with enterprise risk management (ERM) to quantify tail risk and aggregation exposure
• Support internal model validation and regulatory capital considerations
• Act as a trusted advisor to underwriting, brokers, and clients on actuarial aspects of transactions
• Present pricing recommendations and deal economics to senior management and governance committees
• Work with finance and reserving teams to ensure consistency between pricing and financial reporting
• Enhance pricing tools, data pipelines, and automation capabilities for ART business
• Contribute to development of new structured solutions and innovative risk transfer products
• Stay abreast of market trends, emerging risks, and regulatory developments in ART and casualty insurance

Requirements

• Fellow of the Casualty Actuarial Society (FCAS) or equivalent
• 8-12+ years of actuarial experience, with strong exposure to casualty pricing and ART
• Proven experience in pricing complex or non-standard risks using advanced analytical methods
• Deep understanding of casualty lines (e.g., general liability, excess casualty, workers’ compensation)
• Experience with capital modeling, stochastic techniques, or financial structuring preferred

Skills

• Strong proficiency in actuarial and statistical tools (e.g., Python, R, SAS, or equivalent)
• Advanced Excel and financial modeling capabilities
• Experience with simulation techniques (e.g., Monte Carlo) and cash flow modeling
• Familiarity with insurance accounting, reserving concepts, and capital frameworks
• Strategic thinker with strong commercial acumen
• Ability to translate complex actuarial concepts into clear business insights
• Strong collaboration and influencing skills across underwriting, finance, and senior leadership
• High attention to detail with the ability to work in a fast-paced, deal-driven environment
• Innovative mindset with a passion for developing tailored client solutions

Benefits

• Medical plans for you and your family
• Health and wellness programs
• Retirement plans
• Tuition reimbursement
• Paid vacation

Pay

For this position, we currently expect to offer a base salary in the range of X to Y (NY), X to Y (GA), X to Y (CA). Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location. In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance.