At a Glance
- Tasks: Develop and maintain innovative pricing and exposure management applications.
- Company: Join AXIS Capital, a leader in specialty insurance and reinsurance.
- Benefits: Enjoy competitive pay, health plans, wellness programs, and tuition reimbursement.
- Other info: Collaborative global team with opportunities for growth and learning.
- Why this job: Make a real impact in a dynamic team while working with cutting-edge technology.
- Qualifications: Degree in analytical field and 3+ years in actuarial or software development.
The predicted salary is between 58500 - 71500 £ 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 position is for an Actuarial Engineer in the Reinsurance and Enterprise Risk, Pricing & Modelling Systems department which is responsible for the development and maintenance of AXIS’ reinsurance as well as enterprise-wide pricing, modelling and exposure management systems and applications. You will be providing your experience, expertise, critical thinking, and creativity to help evolve the Actuarial and Exposure Management ecosystem in new and innovative ways while collaborating as part of a dynamic and agile team.
As part of a global team, you will be working with highly experienced talent across different time zones to enhance existing solutions and develop new ones to deliver and integrate capabilities across pricing and exposure management. In your role as actuarial engineer located in our London office you will closely collaborate with the actuarial pricing and exposure management teams and play a key role in developing AXIS’ next-generation pricing and exposure management systems.
What will you do in this role?
- Implementing and maintaining actuarial methodologies and modelling algorithms
- Enhancing, maintaining, and supporting existing modelling applications
- Interacting with actuaries, exposure managers and an analytical oriented user group for requirements gathering
- Interact with IT professionals
- Provide training and support to business users
- Support the development team in application end-to-end testing and business analysis
- Supporting and leading the development of modelling applications together with a highly experienced and agile development team
- Provide clear documentation on implementations
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:
- A university degree in a highly analytical field (e.g., Mathematics, Natural Science, Engineering or Actuarial Science)
- A high interest in (Re-)Insurance and related actuarial science, modelling, exposure management and data analytics topics
- 3+ years’ experience in actuarial / modelling / software development
- Sound proficiency in a .NET language, C# preferred.
- Solid object-oriented programming skills
- Understanding of performance and scalability considerations
- Highly developed conceptual, analytical, and innovative problem-solving abilities
- Ability to work effectively and collaboratively with others in an international and global team
- Desire to develop innovative ideas, learn from others, and share knowledge
- Keen attention to detail
- Ability to manage priorities under pressure and time constraints
- Hands-on approach to solving problems
- Strong communication skills, allowing you to interact with a diverse group of colleagues
What we prefer you to have:
- Understanding of RDBMS and Data Repositories (SQL Server, MySQL, Azure, noSQL).
- Experience with Azure cloud infrastructure and services / Big Data (Databricks, Snowflake)
- Knowledge of distributed systems and service-oriented architecture.
- Proficiency using AI tooling
- Relevant business experience in an international (Re-)Insurance company or in a broking business
- Real-life experience with Agile methodologies including Scrum; experience working with Product Backlogs using Azure DevOps or a similar toolset
- A background in specialty insurance and reinsurance, working with pricing models, exposure data and modelled loss data
- Any previous experience that proves a high level of numeracy and an eye for detail when working with data
Role Factors:
In this role, you are 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.
Actuarial Engineer employer: Axis Capital
AXIS Capital is an exceptional employer that fosters a culture of inclusivity and empowerment, ensuring that every employee feels valued and supported. With a commitment to professional growth, employees have access to comprehensive benefits, including health and wellness programs, tuition reimbursement, and competitive compensation packages. Working in either the vibrant New York or London office, you will be part of a dynamic team that prioritises ethical practices and intelligent risk-taking, making it an ideal environment for those seeking meaningful and rewarding careers in finance.
