Axis Specialty Pricing Analytics Actuary in London - Scalpel, United Kingdom
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. This means that we bring our whole selves to work.
All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.
How does this role contribute to our collective success?
The Specialty Pricing Analytics Actuary supports the Global Head of Specialty Pricing in pricing analytics across Specialty helping to ensure that adequate and consistent progress is made on
portfolio and functional initiatives without diluting front-end Underwriting support.
What will you do in this role?
The Pricing function supports underwriters and management in building robust and profitable portfolios by providing objective insights through deep product expertise.
The Specialty Pricing team is responsible for all pricing analytics for Marine Liability, Cargo, Specie, Energy, Renewable Energy, Terrorism, Aviation, and Agriculture across the insurance and reinsurance divisions. Their focus is on applying common analytical standards across the products for case pricing, performance measurement, and portfolio steering.
This role will:
- Take the lead on implementing functional initiatives within Specialty any Pricing-wide and
ensuring a consistent approach is taken across all business units underwriting Specialty.
Be the primary link between the Pricing, Underwriting, and Exposure Management functions for Specialty.
Work with Exposure Management to enhance Underwriting information and metrics on the
level of accumulation and clash within the overall Specialty portfolio.
- Provide analytics to support Specialty Underwriting Lead and Global Head of Specialty Pricing in
holistic reviews of the overall Specialty portfolio.
- Conduct analytics to support Specialty Underwriting Lead, Global Head of Specialty Pricing and
Exposure Management in providing detailed guidance on risk appetite, capacity allocation,
and overall Specialty strategy and goals.
- Maintain and enhance gross portfolio model for use in outwards reinsurance pricing analyses,
ensuring alignment with pricing model output.
Evaluate and recommend optimal outwards reinsurance structures and pricing.
Produce underwriting risk parameters for the capital model.
Provide additional support for front-end Underwriting as needed during busy renewal periods.
Recommend and assist with the implementation of more comprehensive data capture to
support monitoring of the portfolio.
You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
What you need to have:
Associate or Fellow of an accredited Actuarial Society, or commensurate experience
Keen collaborator able to build relationships and establish credibility with stakeholders at all levels
Able to communicate technical concepts to a non-technical audience at all levels, including Executive Leadership.
Growth mind-set with a desire to seek diverse thought, learn from others and share knowledge
Proactive in challenging the status quo and developing innovative ideas
What we prefer you to have:
Knowledge of Specialty exposures, coverages and accumulation models
The ability to manipulate complex datasets using tools VBA, SQL, R, Python, or similar
In this role, you will typically be required to:
- Be in the office 3 days per week
What we offer:
You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.
Rewarding. Challenging. Meaningful.
We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry.
Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.
We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.