At a Glance
- Tasks: Support pricing for international casualty and collaborate with underwriters across the globe.
- Company: Join AXA XL, a leader in innovative risk solutions and inclusive culture.
- Benefits: Competitive pay, flexible working, family-friendly leave, and a focus on wellbeing.
- Why this job: Make an impact in a dynamic environment while developing your actuarial skills.
- Qualifications: Experience in non-life insurance pricing and strong analytical skills required.
- Other info: Opportunities for career growth and involvement in sustainability initiatives.
The predicted salary is between 36000 - 60000 ÂŁ per year.
In this role you will support the Head of Pricing, International Casualty and all underwriters across UK, Europe and APAC in all aspects of casualty pricing. International Casualty write upwards of $1.5bn of written premium worldwide, there will be ample opportunity to be involved across all aspects of this business unit. You will have exposure to both the Underwriting and Actuarial leadership teams through individual account pricing, quarterly business review meetings and annual business planning.
What you’ll be doing
- Make sure AXA XL is a leader in the field of technical pricing and portfolio management.
- Assist the Head of Pricing, International Casualty to maintain and improve the Pricing view of loss ratio for the portfolio.
- Challenge Actuarial and UW leadership, Reserving and Capital modelling.
- Drive appropriate consistency in pricing and portfolio analysis across International Casualty.
- Make sure pricing processes are efficient, comply with pricing guidelines and delivery of core tasks such as planning and core pricing metrics.
- Training of underwriters in pricing matters and support pricing accounts, including portfolio deals.
- Results and Metrics story telling in support of Finance Business Partners and Reserving.
- Gathering local UW data and analytics needs and problems.
- Leverage other AXA XL capabilities, e.g. Risk Consulting, IDA and Enterprise Business Data Solutions.
- Work with wider casualty team to complete tasks and assist development of junior team.
What you’ll bring
- Significant experience of non-life insurance pricing.
- Qualification level – A mathematical, scientific or economics-based degree.
- Relevant work experience in a statistical or analytical role.
- Qualified actuary or progress towards attaining actuarial accreditation.
- Compelling technical skills, particularly in R, Excel, SQL, Python, VBA etc.
- Leadership skills to work collaboratively with colleagues to build consensus.
- Verbal communications skills to gain buy-in to communicate clearly and concisely with internal and external clients.
- Excellent written communication skills.
- Ability to think strategically.
What we offer
- 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.
- 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.
Sustainability
- At AXA XL, Sustainability is integral to our business strategy.
- Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
- We’re committed to protecting and restoring nature by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
- We’re building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
Who we are
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 don’t just provide re/insurance, we reinvent it.
Specialist Actuary - International Casualty employer: AXA Group
Contact Detail:
AXA Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Specialist Actuary - International Casualty
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and actuarial fields. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Since you’ll be dealing with pricing and analytics, make sure you can confidently discuss tools like R, Excel, and SQL. Practice common actuarial interview questions to show you’re ready to tackle the role.
✨Tip Number 3
Showcase your leadership abilities! When discussing your experience, highlight times when you’ve collaborated with teams or trained others. This will demonstrate that you can work well with underwriters and contribute to the overall success of the team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining AXA XL and being part of our inclusive culture.
We think you need these skills to ace Specialist Actuary - International Casualty
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Specialist Actuary role. Highlight your experience in non-life insurance pricing and any relevant technical skills like R, Excel, or Python. 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 role and how your skills can contribute to our team. Don’t forget to mention your leadership abilities and how you can collaborate effectively with others.
Showcase Your Communication Skills: Since excellent written communication is key for this role, make sure your application is clear and concise. Use straightforward language and structure your thoughts logically. We love a well-organised application that’s easy to read!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at AXA Group
✨Know Your Numbers
As a Specialist Actuary, you'll be dealing with complex pricing metrics. Brush up on your understanding of loss ratios and portfolio management. Be ready to discuss how you would maintain and improve these metrics in your role.
✨Showcase Your Technical Skills
Make sure to highlight your proficiency in R, Excel, SQL, Python, and VBA during the interview. Prepare examples of how you've used these tools in past roles to solve problems or improve processes.
✨Communicate Clearly
Strong verbal and written communication skills are crucial for this position. Practice explaining complex actuarial concepts in simple terms, as you'll need to gain buy-in from both internal teams and external clients.
✨Demonstrate Leadership and Collaboration
This role requires working closely with underwriters and actuarial leadership. Be prepared to share examples of how you've successfully collaborated with others to build consensus and drive results in previous positions.