Product Actuary, Corporate Actuarial – Specialty Niche

Join to apply for the Product Actuary, Corporate Actuarial – Specialty Niche role at AXA XL. The role will report to the Head of Reserving – Specialty Niche, in the Actuarial Financial Reporting team based in London. The Product Actuary for Crisis Management (“CM”), Life, Accident & Health (“LAH”), Equine, Livestock & Aquaculture (“ELA”) lines will play a critical role in the reserving function, supporting the Chief Actuary UK & Lloyds and the Head of AXICL Reserving Actuary setting robust well‑informed best estimate reserves. The successful candidate will demonstrate technical depth, commercial awareness and interpersonal skills to support the actuarial view of the portfolio.

Responsibilities

• Best Estimate Reserving: Assist in developing and maintaining the actuarial best estimate reserves for CM, LAH and ELA portfolios ensuring alignment with regulatory standards, Lloyd’s requirements and internal frameworks.
• Cross‑Functional Engagement: Proactively engage with underwriters and claims professionals to understand portfolio dynamics, emerging trends, changes in underwriting strategy, and claims experience. Translate these insights into actuarial judgments.
• Market Awareness and Portfolio Contextualisation: Maintain an awareness of market developments, legal and economic environments, and outside pressures to ensure reserving assumptions reflect the latest intelligence.
• Communication of Results: Effectively communicate reserving outcomes and assumptions to key stakeholders, particularly underwriting and claims teams. Tailor messaging to the audience to ensure clarity, transparency and alignment.
• Collaborate Across all Internal Functions: Work closely with other teams within actuarial function including data, financial reporting, governance and controls, other regional actuaries, corporate and syndicate actuarial teams – to ensure consistency, accuracy and completeness of data and methodologies.
• Legal Entity Reporting: Support legal entity allocations and legal entity reserving committees, ensuring that results are appropriately attributed, understood and defensible across affected entities and stakeholders.
• Stakeholder Queries and Governance Support: Provide timely and accurate responses to questions from internal stakeholders, group functions and external stakeholders (e.g. regulators, auditors) as required.

Qualifications

• Professional Qualification: Qualified actuary (e.g. FIA or equivalent) with a track record of continuing professional development. Extensive reserving experience in non‑life actuarial reserving, with a focus on commercial lines (preferably speciality lines). Demonstrated experience with Lloyd’s and/or syndicate reserving is essential, including familiarity with Lloyd's regulatory requirements, reporting processes and governance frameworks.
• Technical Foundation: Proficiency in reserving methodologies, actuarial software tools, and relevant statistical techniques. Able to form independent actuarial judgments while incorporating business context.
• Cross‑Market Collaboration: Proven ability to collaborate effectively across geographically dispersed teams, including colleagues in India, the UK and global offices. Comfortable working in a matrixed environment with multiple stakeholders.
• Effective Communicator: Capable of presenting complex actuarial results and insights clearly to both technical and non‑technical audiences – particularly underwriters, claims professionals and senior leadership.
• Self‑Driven and Solution‑Oriented: Highly motivated, proactive, and able to work independently with minimal supervision. Brings a problem‑solving mindset and a willingness to challenge the status‑quo constructively.
• Innovative and Commercially Aware: Curious and forward‑thinking, with a desire to improve processes and contribute to business strategy through data‑driven insights and actuarial perspectives.

What we offer

• Inclusion: 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.
• Total Rewards: AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security.
• 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.