Specialist Actuary, Excess Casualty
About the role
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. You will report to a qualified actuary on the Insurance North America Excess Casualty Pricing and Analytics team.
Responsibilities
- Support the development, testing, calibration, and maintenance of pricing models and complex rating algorithms, including studies on pricing parameters, change impacts, and documentation.
- Oversee pricing tool data collection, 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.
- Perform 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 Governance, CUO, Underwriting, Reserving, Claims, Models & Analytics, IT, and Compliance.
- Guide less experienced actuarial colleagues, take initiative in team projects, and actively participate in developing team practices and strategies.
- Provide training to underwriters, ensuring they are equipped to make informed decisions.
- Adhere to and comply with regulatory standards and organizational policies.
Requirements
- Bachelor’s degree in Actuarial Science, Mathematics, Applied Math, Statistics, or related field.
- 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.
Skills
- 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.
About the company
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. We provide re/insurance solutions for mid-sized companies, multinationals, and individuals by combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and talented professionals in an agile and inclusive workspace. We partner with those who move the world forward.
Benefits
- Inclusive culture with five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability, and inclusion, with 20 Chapters globally.
- Robust support for Flexible Working Arrangements.
- Enhanced family-friendly leave benefits.
- Competitive retirement savings plan and health and wellness programs.
- Wide range of learning opportunities to hone professional skills and support career development.
- Volunteering and charitable giving programs, including Matching Gifts, Volunteering Leave, and an annual Global Day of Giving.
Pay
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.