At a Glance
- Tasks: Support the Cyber insurance team by monitoring portfolios and implementing pricing initiatives.
- Company: Join AXIS Capital, a leader in specialty lines insurance with a strong ethical culture.
- Benefits: Competitive salary, comprehensive benefits, tuition reimbursement, and paid vacation.
- Other info: Inclusive culture that values diverse backgrounds and encourages personal growth.
- Why this job: Make an impact in the fast-paced world of Cyber insurance while growing your career.
- Qualifications: Experience in pricing actuarial roles, Excel expertise, and strong interpersonal skills.
The predicted salary is between 40000 - 60000 £ per year.
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.
As a pricing analyst for the AXIS Global Cyber insurance team, this individual will support the Cyber insurance book. They will proactively engage with the broader Cyber Pricing team, Underwriting, and Data & Analytics colleagues to monitor the Global Cyber portfolio and implement new pricing initiatives.
What will you do in this role?
- Complete monthly and quarterly reporting processes, including renewal rate monitoring and premium adequacy.
- Work closely with underwriters and wider pricing team to scope, build, develop, document and maintain rating models.
- Contribute to portfolio monitoring analyses, work closely with underwriters to identify issues, discuss opportunities, assist in the development of action plans and monitor the impact on the book of business.
- Support selection of loss ratios in the financial plan, with consideration of business strategies, market conditions, mix of business, loss trend, loss costs and reinsurance structures.
- Assist the Cyber Pricing team in establishing and maintaining tracking and monitoring processes to identify and communicate key insight emergence.
- Be a point of contact for the UK Cyber Insurance Underwriting team with AdHoc requests including (but not limited to) account pricing, rating model support, KPI summaries, etc.
- Assist with initiatives to streamline and automate reporting, including quarterly loss ratio analyses, monthly rate adequacy metrics, KPI dashboards.
About You:
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:
- Experience in a pricing actuarial role, specialty commercial background highly desired.
- Excel expertise.
- Ability to manipulate complex datasets using tools such as VBA, SQL, R, or Python.
- Strong interpersonal and time management skills. The ability to build relationships with underwriters, actuaries and other colleagues.
- Growth mind-set with a desire to seek diverse thought, learn from others and share knowledge.
What we prefer you to have:
- Experience building pricing models.
- Experience leading projects.
- 3 or more actuarial exams passed.
- Experience with Cyber as a line of business.
What we offer:
Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location. In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate performance and your individual performance. On top of this, 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 vacation, and much more.
Cyber Pricing Analyst: Data-Driven Risk & Revenue employer: Acturhire
AXIS Capital is an exceptional employer that fosters a culture of inclusivity and empowerment, ensuring that every employee feels valued and supported. With a strong focus on professional growth, employees have access to comprehensive benefits, including health and wellness programmes, tuition reimbursement, and competitive incentive targets based on performance. Located in vibrant cities like New York and London, AXIS offers a dynamic work environment where innovative thinking and collaboration thrive, making it an ideal place for those seeking meaningful and rewarding careers in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Cyber Pricing Analyst: Data-Driven Risk & Revenue
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at AXIS Capital. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Show off your skills! Prepare a portfolio or case studies that highlight your experience with pricing models and data analysis. This will help you stand out during interviews and showcase your expertise.
✨Tip Number 3
Practice makes perfect! Get ready for those tricky interview questions by doing mock interviews with friends or using online resources. The more comfortable you are, the better you'll perform.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining the AXIS team. Don’t miss out!
We think you need these skills to ace Cyber Pricing Analyst: Data-Driven Risk & Revenue
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Cyber Pricing Analyst role. Highlight your experience in pricing actuarial roles and any relevant skills like Excel expertise or data manipulation. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the Cyber insurance field and how your unique experiences can contribute to our team. Let us know what makes you tick and why you want to join AXIS.
Showcase Your Skills:Don’t forget to showcase your technical skills, especially if you’ve worked with tools like VBA, SQL, R, or Python. We love candidates who can manipulate complex datasets, so make sure to mention any relevant projects or experiences!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Acturhire
✨Know Your Numbers
As a Cyber Pricing Analyst, you'll be dealing with complex datasets and pricing models. Brush up on your Excel skills and be prepared to discuss how you've manipulated data in the past. Bring examples of your work with tools like VBA, SQL, R, or Python to showcase your expertise.
✨Understand the Cyber Landscape
Familiarise yourself with the current trends in cyber insurance. Research recent developments in the industry and be ready to discuss how they might impact pricing strategies. This shows that you're not just knowledgeable but also genuinely interested in the field.
✨Build Relationships
Interpersonal skills are key in this role. Think about how you can demonstrate your ability to build relationships with underwriters and colleagues. Prepare examples of past experiences where collaboration led to successful outcomes, as this will highlight your teamwork abilities.
✨Show Your Growth Mindset
AXIS values a growth mindset, so be ready to talk about how you've learned from challenges in your career. Share specific instances where you sought diverse perspectives or took the initiative to learn something new, as this aligns perfectly with their corporate culture.
