Portfolio Pricing Actuary / Analyst

Portfolio Pricing Actuary / Analyst

Full-Time 63000 - 77000 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Support pricing of portfolio deals and provide insights for decision-making.
  • Company: Join AXIS Capital, a leader in specialty insurance and reinsurance.
  • Benefits: Competitive salary, health plans, tuition reimbursement, and paid vacation.
  • Other info: Collaborative culture with a focus on inclusivity and personal development.
  • Why this job: Make a meaningful impact in a dynamic industry with growth opportunities.
  • Qualifications: Progress towards actuarial qualification and strong analytical 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.

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 is a newly created role supporting AXIS Capacity Solutions, a recently established business unit focused on originating and scaling structured, multi‑line portfolio capacity solutions, including delegated and facilitated arrangements and increasing use of alternative capital. You will also support Portfolio Solutions, which underwrites portfolios of multi‑class risks alongside best‑in‑class lead carriers, giving you exposure to some of the most sophisticated portfolio structures in the London Market.

What will you do in this role?

  • Support the pricing of portfolio deals across the deal lifecycle, including preparing data, running models, and reviewing outputs to produce robust analysis for pricing decisions.
  • Work closely with underwriters and senior actuarial colleagues to understand risk profiles and shape pricing analysis, supporting the evaluation of deal structures (including limits and reinsurance) and highlighting key sensitivities.
  • Build credibility with stakeholders through delivery and insight, while collaborating across reserving, capital modelling, and finance to ensure aligned assumptions and a consistent view of performance.
  • Deliver regular portfolio and product monitoring analysis, contributing meaningfully to portfolio insights through assessment of rate change, exposure movements, loss experience, and trends, and supporting a clear understanding of pricing adequacy and emerging performance drivers.
  • 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.
  • Contribute to the development of expected loss ratios and key pricing assumptions for business planning, considering business mix, market conditions, and observed trends.
  • Participate in project workstreams and cross‑functional initiatives, contributing actuarial input and supporting delivery of business objectives.
  • Provide informal guidance and support to junior analysts, contributing to a collaborative and high‑performing team environment.

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:

  • Progress towards actuarial qualification (or equivalent experience).
  • Strong analytical and problem‑solving skills, with attention to detail.
  • Ability to communicate technical analysis clearly to a range of stakeholders.
  • Proactive, self‑directed approach with the ability to manage multiple priorities.

What we prefer you to have:

  • Exposure to London Market business or portfolio / structured deals.
  • Experience working with pricing models, portfolio analytics, or business planning.
  • Strong Excel and SQL skills; VBA, R, or Python advantageous.
  • Experience collaborating with underwriting teams or other business partners.

Role Factors: In this role, you will typically be required to be in the office 3 days per week, or when required.

What we offer: For this position, we currently expect to offer a base salary in the range of X to Y. Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location. In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, 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 vacation, and much more.

This posting is for an existing vacancy. Rewarding. Challenging. Meaningful. We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry. Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.

Portfolio Pricing Actuary / Analyst 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.

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Contact Details:

Axis Capital Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Portfolio Pricing Actuary / Analyst

✨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 Portfolio Pricing Actuary / Analyst

Actuarial Qualification Progress
Analytical Skills
Problem-Solving Skills
Attention to Detail
Communication Skills
Project Management
Excel

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.