At a Glance
- Tasks: Join the Capital Modelling team to develop and maintain AXIS's internal model using Tyche software.
- Company: AXIS Capital is a global leader in specialty insurance and reinsurance, known for its client service and ethical culture.
- Benefits: Enjoy a flexible work environment with opportunities for growth and a supportive, inclusive culture.
- Why this job: Be part of a top-tier team, enhance your skills, and contribute to meaningful projects in risk management.
- Qualifications: 2+ years in actuarial risk; strong computer skills; experience with capital modelling software preferred.
- Other info: Work 2-3 days in the office, fostering collaboration and innovation.
The predicted salary is between 36000 - 60000 Β£ per year.
1 week ago Be among the first 25 applicants
This is your opportunity to join AXIS Capital β 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.
Senior Actuarial Analyst
Department: Capital Modelling
Reporting to: Deputy Head of Model Development
Job Description
This role works within the Capital Modelling team, working on the development of AXISβs internal model, which is built on the Tyche software platform. Your responsibilities will include updating and developing the internal model & reporting tools; improving parameterisation methodologies & updating model parameters; carrying out validation tests & deep-dives into model performance.
Job Responsibilities
Model Development
- Maintaining and developing the internal model system; encompassing the internal model and supporting tools for inputs, analysing outputs and creating reports
- Developing and implementing new modelling methods
- Improving model performance, in particular for run time and memory use
- Understanding and communicating the limitations of modelling methodologies
- Undertaking ad hoc investigations and developments where required
Parameterisation
- Developing parameterisation methodologies and building tools to implement them
- Updating model parameters; understanding and explaining the resulting movements
- Understanding and communicating the limitations of parameterisation methodologies and the input data used for them
Validation and governance
- Carrying out appropriate validation of model methods and parameters, to ensure that the model operates as intended, and to enhance understanding of the model and guide future model developments
- Designing tools and processes to ensure model governance polices are followed
Leadership and relationships
- Presenting and explaining results and decisions to various levels within the company
- Engaging with other teams and stakeholders to ensure timely delivery of results
- Providing advice and training to other members of the capital team
About You
Required Qualifications and Experience:
- 2+ years of in-depth experience in an actuarial risk environment
Other Desired Skills & Characteristics:
- Highly computer literate, able to use spreadsheets, databases and learn the use of new systems
- Experience in using capital modelling software such as Tyche, Igloo or ReMetrica
- Tyche is preferred but not essential; more important is being willing and able to get under the hood of the capital model and develop a deep understanding of what is going on in there
- Additional coding experience is a plus
- Enthusiasm to ask questions and fully understand the work we carry out and its implications for the business
- Capable of developing and maintaining effective relationships at all levels
- Excellent communication skills, both oral and written
- Ability to plan effectively and organise and prioritise workload; strong attention to detail
- Ability to structure analyses and modelling coherently and clearly
Role Factors
In this role, you will typically be required to:
- Be in the office 2-3 days per week
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Job function
Finance and Sales
-
Industries
Insurance
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Senior Actuarial Analyst employer: AXIS (AXIS Capital)
Contact Detail:
AXIS (AXIS Capital) Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Senior Actuarial Analyst
β¨Tip Number 1
Familiarise yourself with Tyche software, as it's a key tool for the role. If you haven't used it before, consider taking online courses or tutorials to get a head start on understanding its functionalities.
β¨Tip Number 2
Network with current or former employees of AXIS Capital. Engaging with them on platforms like LinkedIn can provide you with insights into the company culture and expectations, which can be invaluable during interviews.
β¨Tip Number 3
Brush up on your communication skills, especially in presenting complex data. Being able to explain your analyses clearly to various stakeholders is crucial, so practice articulating your thoughts on actuarial concepts.
β¨Tip Number 4
Stay updated on industry trends and developments in capital modelling. This knowledge will not only help you in interviews but also demonstrate your enthusiasm and commitment to the field.
We think you need these skills to ace Senior Actuarial Analyst
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in actuarial risk environments. Emphasise your familiarity with capital modelling software, especially Tyche, and any coding skills you possess.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with AXIS Capital's values and the specific responsibilities of the Senior Actuarial Analyst position.
Showcase Communication Skills: Since excellent communication is crucial for this role, provide examples in your application that demonstrate your ability to present complex information clearly and effectively to various stakeholders.
Highlight Problem-Solving Abilities: Discuss instances where you've successfully tackled challenges in model development or parameterisation. This will show your capability to improve model performance and your analytical thinking.
How to prepare for a job interview at AXIS (AXIS Capital)
β¨Understand the Role and Responsibilities
Before the interview, make sure you thoroughly understand the job description and responsibilities of a Senior Actuarial Analyst. Familiarise yourself with capital modelling, Tyche software, and the specific tasks mentioned, such as model development and validation.
β¨Showcase Your Technical Skills
Be prepared to discuss your technical skills in detail, especially your experience with capital modelling software and any coding knowledge you possess. Highlight specific projects or experiences where you successfully applied these skills.
β¨Communicate Clearly and Effectively
Since excellent communication skills are essential for this role, practice explaining complex actuarial concepts in simple terms. Be ready to demonstrate how you can present results and decisions to various stakeholders within the company.
β¨Demonstrate Your Problem-Solving Abilities
Prepare examples of how you've tackled challenges in previous roles, particularly in relation to model performance and parameterisation. Show your enthusiasm for asking questions and seeking to understand the implications of your work on the business.