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.
Role Factors:
- None
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.
For this position, we expect to offer a base salary in the range of USD 50,000 to USD 75,000 (New York). Expected salary range information for London available on candidate request. The specific salary offer will be based on an assessment of a variety of factors including the experience of the successful candidate and their work location. In addition, all employees are eligible for competitive incentive targets, with awards based on overall corporate and individual performance. On top of this, 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.
Pricing Analyst, Cyber employer: Acturhire
AXIS Capital is an exceptional employer that fosters a collaborative and inclusive work environment, where employees are encouraged to bring their authentic selves to work. As a Pricing Analyst in the Cyber team, you will benefit from competitive compensation, comprehensive health and wellness programmes, and ample opportunities for professional growth within a disciplined and ethical corporate culture. Located in vibrant cities like New York and London, AXIS offers a unique chance to engage with industry leaders while contributing to innovative pricing strategies in the dynamic field of cyber insurance.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Analyst, Cyber
✨Tip Number 1
Network like a pro! Reach out to current or former employees at AXIS Capital on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your Excel skills and understanding pricing models. Be ready to discuss how you've tackled complex datasets in the past – they’ll want to see your analytical chops!
✨Tip Number 3
Show off your growth mindset! During interviews, share examples of how you've learned from challenges and collaborated with others. This aligns perfectly with AXIS's culture of inclusivity and teamwork.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the AXIS team.
We think you need these skills to ace Pricing Analyst, Cyber
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the 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. Keep it engaging and personal – we love getting to know you!
Showcase Your Skills:Don’t forget to showcase your technical skills, especially if you have experience with tools like VBA, SQL, R, or Python. We’re keen on seeing how you can manipulate complex datasets and contribute to our pricing models.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Acturhire
✨Know Your Numbers
As a Pricing Analyst, you'll be dealing with data and numbers all the time. Brush up on your Excel skills and be ready to discuss how you've used data analysis in previous roles. Be prepared to share specific examples of pricing models you've built or worked on.
✨Understand Cyber Insurance
Familiarise yourself with the basics of Cyber insurance and the current market trends. This will show that you're not just interested in the role but also invested in understanding the industry. Bring insights or recent news articles to discuss during the interview.
✨Build Relationships
Since this role involves working closely with underwriters and other teams, highlight your interpersonal skills. Think of examples where you've successfully collaborated with others to achieve a common goal. This will demonstrate your ability to fit into their team-oriented culture.
✨Show Your Growth Mindset
AXIS values a growth mindset, so be ready to talk about how you've learned from past experiences. Share instances where you sought feedback, adapted to challenges, or took the initiative to learn new tools like SQL or Python. This will resonate well with their corporate culture.
