At a Glance
- Tasks: Support the quarterly reserving process and develop diagnostic tools for AXIS.
- Company: Join a leading insurance firm with a collaborative and innovative culture.
- Benefits: Comprehensive benefits package, including health plans, tuition reimbursement, and paid leave.
- Other info: Opportunity for career growth and exposure to various business lines.
- Why this job: Make a real impact in the insurance industry while developing your actuarial skills.
- Qualifications: Bachelor’s degree and experience in insurance or consulting preferred.
The predicted salary is between 63000 - 77000 £ per year.
Job Description: Corporate Reserving Actuarial Analyst
How does this role contribute to our collective success?
As a member of the Corporate Reserving team, this role will support efforts related to the quarterly reserving process for AXIS.
The Corporate Reserving team will support various reserving areas including our Product Line and Regulatory teams and will have exposure to all lines of business written by AXIS.
What will you be doing in this role?
- Reserving
- Assist in producing the AXIS quarterly reserving estimates.
- Assist with the peer review of the Product Line quarterly reserve analyses and validation of the selected actuarial estimates.
- Support reserve meetings for the quarterly reserving process.
- Assist with the development of new diagnostics tools and reports to improve the quarterly process and provide MI to colleagues across AXIS.
- Other
- Assist with additional project work including deep dives of specific lines of business.
- Assist in the annual Planning exercise, liaising closely with Pricing and Risk Functions.
- Provide support for other Group Functions (Finance, Risk, Investments) as required.
- You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
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
- Bachelor’s degree or equivalent experience
- Industry experience with an insurance, reinsurance, or consulting background in reserving, pricing, or modeling roles preferred.
- Actively working to qualify as a Fellow of the Institute and Faculty of Actuaries, or equivalent.
- What we would like you to have
- Knowledge of various insurance products, including familiarity with delegated underwriting authority, Lloyd's of London, and reinsurance.
- Experience with management information systems (e. g., database and application development).
- Intermediate to advanced Excel, SQL Server, VBA capabilities; additional experience with Res Q, Power BI, Tableau, and/or Oracle or similar applications is preferred.
- Strong communication and interpersonal skills.
- Ability to work occasional extended hours and travel on business as required.
- Excellent organizational skills and a strong attention to detail.
- Role factors
In this role, you will typically be required to be in the office 3 days per week.
What we offer
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 annual leave, and much more.
This posting is for an existing vacancy.
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Corporate Reserving Actuarial Analyst employer: AXIS (AXIS Capital)
AXIS Capital is an exceptional employer, offering a dynamic work environment in London where actuaries can thrive as strategic partners to senior leadership. With a strong focus on employee growth and development, AXIS provides a competitive benefits package and fosters a collaborative culture that encourages innovative thinking and impactful contributions to business planning.
StudySmarter Expert Advice🤫
We think this is how you could land Corporate Reserving Actuarial Analyst
✨Tap into Campus Networks
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We think you need these skills to ace Corporate Reserving Actuarial Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to AXIS (AXIS Capital).
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How to prepare for a job interview at AXIS (AXIS Capital)
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with AXIS (AXIS Capital).
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✨Network with Industry Professionals
Before your interview, reach out to current or former AXIS (AXIS Capital) employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
