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 opportunityWhat 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 talentWe'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
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.
