Junior Portfolio Pricing Analyst in London

Junior Portfolio Pricing Analyst in London

London Entry level 60000 - 80000 £ / year (est.) Home office (partial)
AXIS (AXIS Capital)

At a Glance

  • Tasks: Support pricing analysis and collaborate with teams to evaluate portfolio deals.
  • Company: Join AXIS Capital, a leader in specialty lines insurance and reinsurance.
  • Benefits: Enjoy competitive pay, comprehensive benefits, and paid study leave for actuarial exams.
  • Other info: Work in a supportive, inclusive environment with great career growth opportunities.
  • Why this job: Make an impact in the insurance industry while developing your analytical skills.
  • Qualifications: First class or 2:1 degree, strong numeracy, and interest in actuarial qualifications.

The predicted salary is between 60000 - 80000 £ per year.

This posting is for an existing vacancy. 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.

All qualified applicants will receive consideration for employment without regard to any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern its operations.

How does this role contribute to our collective success? The Pricing function supports underwriters and management in building robust and profitable portfolios by providing objective insights through deep product expertise.

What will you do in this role?

  • Support the pricing of portfolio deals by preparing data, running models, and assisting in the production of analysis for pricing decisions.
  • Work with underwriters and actuarial colleagues to understand risk profiles and contribute to pricing analysis and evaluation of deal structures.
  • Assist with portfolio monitoring, including analysis of rate change, premium adequacy, exposure movements, and loss experience to support insights on performance.
  • Help maintain and update pricing tools, models, benchmarks, and portfolio metrics, ensuring data accuracy and consistency.
  • Contribute to the development of expected loss ratios and key pricing assumptions for business planning, considering business mix, market conditions, and observed trends.
  • Perform data validation, analysis, and basic modelling to support pricing and portfolio analytics.
  • Collaborate with teams across underwriting, reserving, catastrophe modelling, capital, and finance to support aligned analysis and outputs.
  • Participate in team projects and actively develop technical, actuarial, and commercial skills.

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 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:

  • First class or 2:1 university degree.
  • Interest in qualifying as a member of an actuarial society.
  • Excellent communication and interpersonal skills.
  • Thoroughness and attention to detail.
  • Ability to document work appropriately.
  • Ability to work well in a team.
  • Self-starter and a quick learner with strong numeracy skills.
  • Willing to question and investigate.
  • Strong data analytical skills.
  • Interest in the insurance industry.

What we prefer you to have:

  • Experience within the insurance industry either academically or through prior internships.
  • Familiarity with SQL, VBA, R, Microsoft Office is preferred.

Role factors: Be in the office 3 days per week, or when required.

What we offer: You will be eligible for the Actuarial Study Program which includes paid study leave for up to 40 days a year, financial support for the cost of course materials and exam fees, and salary increases for passed exams. 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.

Junior Portfolio Pricing Analyst in London employer: AXIS (AXIS Capital)

AXIS Capital is an exceptional employer that fosters a collaborative and inclusive work environment in the heart of London. With a strong commitment to employee development, we offer a comprehensive Actuarial Study Program, competitive benefits, and opportunities for growth within the insurance industry. Join us to be part of a disciplined and ethical corporate culture where your contributions are valued and your career can thrive.

AXIS (AXIS Capital)

Contact Details:

AXIS (AXIS Capital) Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Junior Portfolio Pricing Analyst in London

Get Involved with Campus Finance Societies

Join your university's finance or investment society — they're a goldmine for networking, guest lectures, and career fairs. These societies often host employers looking for entry-level talent like you, so get involved and make yourself known!

Attend Industry Workshops and Webinars

Look for workshops and webinars focused on banking and financial services. These events not only boost your knowledge but also let you connect with industry professionals who could help you land that entry-level role at places like AXIS (AXIS Capital).

Leverage LinkedIn for Informational Interviews

Take advantage of LinkedIn to reach out to professionals working in banking, especially those who've started in entry-level positions. Politely ask for a quick chat about their experience and any advice they might have on breaking into the field.

Apply Directly through Company Websites

Don't just rely on job boards. Head directly to AXIS (AXIS Capital)'s careers page and look for their entry-level openings. They might have opportunities that aren’t advertised widely, so keep checking back for new listings!

We think you need these skills to ace Junior Portfolio Pricing Analyst in London

Data Analysis
Numeracy Skills
Attention to Detail
Communication Skills
Interpersonal Skills
Teamwork
Self-Starter

Some tips for your application 🫡

Splash Your Skills on Your CV:In the banking and financial services realm, it's all about numbers and analysis. Make sure to highlight any relevant coursework, internships, or projects where you've used skills like financial modelling, data analysis, or risk assessment. Show us you can crunch those numbers!

Educational Achievements Matter:For an entry-level role, your grades and academic accomplishments are key. If you have any certifications, like CFA Level 1 or something similar, don’t forget to include them. We love seeing ambition and commitment to the industry, so flaunt those achievements!

Craft a Personal Touch in Your Cover Letter:Your cover letter is your chance to show us your enthusiasm for banking and finance! Share why you're passionate about the industry and how your studies or previous experiences have prepared you for this role. We want to see that spark and motivation!

Use the Right Format and Language:In banking, clarity is king. Use a clean, professional format for your CV and cover letter. Make sure to avoid jargon, but don’t shy away from technical terms where appropriate – just keep it all clear and easy to read. Let’s see your professionalism shine through!

How to prepare for a job interview at AXIS (AXIS Capital)

Brush Up on Your Financial Knowledge

Since you're diving into the banking and financial services industry, make sure you're up to speed with current market trends and financial concepts. Be prepared to discuss things like interest rates and investment strategies, as you might get some technical questions that gauge your understanding.

Show Off Your Analytical Skills

Analytical skills are key in banking, so be ready to showcase how you've used them in your studies or any relevant projects. Prepare to tackle case studies or hypothetical financial scenarios during the interview that require you to analyse data and make informed decisions.

Demonstrate Your Team Spirit

As this is an entry-level role, they’ll likely look for how well you can collaborate and fit into their team. Think of examples from group projects or internships where you successfully worked with others. It'll help show that you're keen to learn and grow in a team-oriented environment.

Prepare Thoughtful Questions

Approach your interview with curiosity! Prepare insightful questions that reflect your knowledge of the industry, such as asking about the latest technology being implemented in their services. It shows you're genuinely interested in the company's operations and future.