At a Glance
- Tasks: Lead pricing for complex insurance portfolios and collaborate with underwriting teams.
- Company: Join AXIS Capital, a top global provider of specialty insurance and reinsurance.
- Benefits: Enjoy a competitive salary, comprehensive benefits, and flexible hybrid work options.
- Other info: Diverse and inclusive culture with opportunities for professional growth.
- Why this job: Make a real impact in the insurance industry while developing your career.
- Qualifications: Fellow or Associate of the Institute & Faculty of Actuaries; strong stakeholder management skills.
The predicted salary is between 63000 - 77000 £ 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 means that we bring our whole selves to work. 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.
About AXIS: This is your opportunity to join AXIS Capital – a leading provider of specialty insurance and global reinsurance. We give people and organizations the confidence to take necessary risks in the pursuit of their goals and ambitions. Our strength is grounded in our people and culture, which encourages collaboration, diversity, and entrepreneurialism.
Life at AXIS:
- Hybrid work model: We value work-life balance and offer flexibility to our employees through a hybrid work model.
- Diverse and inclusive environment: We celebrate diversity and strive to create an inclusive environment for all employees.
- Career growth opportunities: We are committed to your professional development and offer various opportunities for growth advancement.
- Social impact initiatives: We believe in making a difference and support various social and environmental causes.
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. This role supports underwriting teams managing multi-line portfolios across delegated authority, portfolio-based, and structured capacity arrangements. Working closely with underwriters, you will provide pricing expertise to assess opportunities, monitor portfolio performance, and support underwriting decisions. The role offers exposure to a diverse range of portfolio structures, capacity solutions, and alternative capital initiatives, providing the opportunity to work on some of the most sophisticated insurance arrangements in the London Market.
What will you do in this role? This role will:
- Own end to end pricing for complex, high value, multi class portfolio deals, partnering across product teams to assess risk, return, and capital efficiency, and deliver clear recommendations on deal structure, pricing adequacy, and portfolio mix.
- Partner with underwriters to design and optimise portfolio structures, including attachment points, limits, and the use of traditional reinsurance and alternative capital solutions, and act as a senior pricing partner across underwriting, exposure, reserving, capital modelling, and finance.
- Deliver regular portfolio and product monitoring analyses to identify issues and opportunities, and support the design, execution, and tracking of portfolio action plans with underwriting teams.
- Analyse rate change, price adequacy, exposure growth, market conditions, competitive dynamics, and loss trends, clearly articulating drivers of portfolio performance.
- Maintain and enhance benchmarks and portfolio metrics, working closely with Product Pricing and Analytics teams, and support the ongoing development of pricing tools, models, data flows, and analytical capabilities.
- Derive expected loss ratios for business planning, considering business strategy, market conditions, mix of business, trends, and reinsurance structures.
- Contribute to the development and consistency of pricing standards, methodologies, and governance across portfolio business.
- Provide technical guidance, mentoring, and informal leadership to Portfolio Pricing Actuaries and Analysts. You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
About You: We are looking for a commercially minded actuary who enjoys operating in complex, evolving environments and wants to influence how portfolios are structured, priced, and managed at scale. You are comfortable forming independent views, providing constructive challenge, and collaborating across disciplines to solve complex problems.
What you need to have:
- Fellow or Associate of the Institute & Faculty of Actuaries or equivalent.
- Strong stakeholder management skills, with the ability to build credibility across underwriting, actuarial, and broader business partners.
- Ability to communicate complex actuarial analysis clearly to non-technical audiences, including senior management.
- A proactive, self-directed approach with strong attention to detail and sound judgment.
What we prefer you to have:
- London Market pricing experience is highly desired.
- Exposure to portfolio deals, structured transactions, or delegated authority business.
- Strong Excel and SQL skills; VBA, R, or Python advantageous.
- Experience influencing underwriting strategy without formal authority.
- An interest in developing junior actuaries.
Role Factors: In this role, you will typically be required to:
- Be in the office 3 days per week.
- Occasional broker or client meetings, including outside standard office hours.
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. In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance.
Where this role is based in the United States of America, this role is (Exempt/Non-Exempt) for FLSA purposes. This posting is for an existing vacancy.
Summary Location: London - Scalpel Type: Full time
Senior Portfolio Pricing Actuary in Kennington 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.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Portfolio Pricing Actuary in Kennington
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Axis Capital). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Axis Capital. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior Portfolio Pricing Actuary in Kennington
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Axis Capital.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Axis Capital. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Axis Capital
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Axis Capital to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Axis Capital, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Axis Capital's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.