Specialist Actuary
New York, NY I Exton, PA I Chicago, IL I USA
We are seeking a qualified or near qualified actuary with relevant experience to ensure AXA XL remains a leader in the field of property technical pricing and portfolio management.
The successful candidate will be highly driven, able to effectively communicate across functions with technical skills to support evolving pricing and analytic needs to drive profitability.
DISCOVER your opportunity
What will your essential responsibilities include?
- Ensure AXA XL is a leader in the field of technical pricing and portfolio management
- Support and ensure delivery of core tasks such as planning, variance and core pricing metrics.
- Engage and challenge UW leadership, Reserving and Capital modelling.
- Ensure the team stays abreast of regulatory and technological changes that affect pricing
- Help drive appropriate consistency in pricing and portfolio analysis across the various Americas Property business units.
- Ensure efficiency of pricing processes within Americas Property.
- Ensure compliance of pricing guidelines with the team
- Training of underwriters in pricing matters
- Support Rating algorithm reviews, development, documentation and maintenance
- Results and Metrics story telling in support of Finance Business Partners and Reserving for Americas Property
- Gathering local UW data and analytics needs and problems
- Ensure compliance with filed rates for local regulators
- Americas Property MI and support for Regional CUO leaders
- Property pricing dashboards development and maintenance
- Leverage other AXA XL capabilities, e.g. Geospatial Underwriting, Risk Consulting, Pricing Analytics and Models, Catastrophe Risk Management.
You will report to Head of Pricing, Americas Property and Programs.
SHARE your talent
Were looking for someone who has these abilities and skills:
- Qualification level Nearly or recently qualified actuary.
- Degree in Actuarial Science, Mathematics, Applied Math, Statistics, or related field.
- Significant experience in Excel. Robust R programming skills desired. Other coding experience is a plus.
- Significant experience of non-life insurance pricing or reserving.
- Excellent ability to think strategically.
- Detail oriented, but also need to appreciate the real-world vagaries associated with insurance, third party data and the keys to their successful usage at an enterprise level.
- Good organizational skills and ability to work under pressure as well as delivering to deadlines.
- Ability to work independently with minimal supervision and as part of a global team.
- Excellent verbal communications skills to gain buy-in to communicate clearly and concisely with internal and external clients.
- Excellent written communication skills.
- Excellent collaborative work ethic.
- A focus on quality and integrity.
FIND your future
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 dont 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
Inclusion & Diversity
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 a diverse workforce enable business growth and are critical to our success. Thats why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. Its 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 axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.
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. Were 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. Were 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 XLs 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.
The U.S. pay range for this position is USD 75,500 – 149,000. Actual pay will be determined based upon the individuals 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. For more details about AXA XLs benefits offerings, please visit US-Benefits-at-a-Glance_2023_US.pdf (myaxaxlbenefits.com).