At a Glance
- Tasks: Join AXIS Capital to assist in producing quarterly reserving estimates and validate actuarial assumptions.
- Company: AXIS Capital, a global leader in specialty lines insurance and reinsurance.
- Benefits: Competitive salary, supportive culture, and opportunities for professional growth.
- Other info: Dynamic work environment with opportunities for travel and collaboration across functions.
- Why this job: Be part of a top-tier team making impactful decisions in the insurance industry.
- Qualifications: Bachelor’s degree in relevant fields and five years of industry experience required.
The predicted salary is between 60000 - 80000 £ 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.
KEY DUTIES & RESPONSIBILITIES:
- Assist in producing the AXIS Group quarterly reserving estimates.
- Assist with the peer review of the Segment quarterly reserve analyses and validation of the selected actuarial estimates.
- Assist with the peer review and validation of Segment key actuarial assumptions and methods.
- Coordinate reserve meetings for the Group quarterly reserving process.
- Perform additional project work including deep dives of Insurance and Reinsurance 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.
REQUIRED EDUCATION/TRAINING & EXPERIENCE:
- Bachelor’s Degree in Math, Accounting, Economics, Statistics, Business, Risk Management or a similar field.
- At least five years of industry experience with an insurance, reinsurance, or consulting background in reserving, pricing, or modeling roles.
- Nearly qualified or qualified as a Fellow of the Institute and Faculty of Actuaries (or equivalent).
OTHER DESIRED SKILLS & CHARACTERISTICS:
- Experience with management information systems is a plus (e.g., database and application development).
- Intermediate to advanced Excel, Access, VBA capabilities; additional experience with SQL Server, ResQ, Tableau, and/or Oracle or similar applications is a plus.
- 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.
Corporate Reserving Actuary in London employer: Axis
Axis CLC is an exceptional employer that offers apprentices the chance to gain hands-on experience in the construction industry while working alongside skilled professionals. With a strong commitment to employee growth, comprehensive training, and a supportive work culture, apprentices can look forward to meaningful career development opportunities. Additionally, the company provides attractive benefits such as travel expense coverage, a pension scheme, and access to various learning resources, making it a rewarding place to start your career.
StudySmarter Expert Advice🤫
We think this is how you could land Corporate Reserving Actuary in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and reinsurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings at AXIS Capital!
✨Tip Number 2
Prepare for those interviews! Research AXIS Capital’s culture and values, and think about how your experience aligns with their needs. Practise common interview questions related to reserving and actuarial work so you can showcase your skills confidently.
✨Tip Number 3
Show off your technical skills! If you’ve got experience with Excel, SQL, or any other relevant software, make sure to highlight that in conversations. Bring examples of how you’ve used these tools in past roles to solve problems or improve processes.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining AXIS Capital and being part of their amazing team.
We think you need these skills to ace Corporate Reserving Actuary in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your background in reserving, pricing, or modelling roles, and don’t forget to showcase your technical skills with Excel, Access, or any relevant software.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re a great fit for AXIS Capital. Mention your industry experience and how it aligns with their values of intelligent risk-taking and outstanding client service.
Showcase Your Achievements:When detailing your experience, focus on specific achievements rather than just duties. Use numbers and examples to demonstrate how you’ve contributed to previous teams, especially in areas like quarterly reserving estimates or peer reviews.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows your enthusiasm for joining our team at AXIS Capital!
How to prepare for a job interview at Axis
✨Know Your Numbers
As a Corporate Reserving Actuary, you'll be dealing with complex data and estimates. Brush up on your technical skills, especially in Excel and any relevant software like SQL or Tableau. Be prepared to discuss how you've used these tools in past roles to analyse data and make informed decisions.
✨Understand the Business
Familiarise yourself with AXIS Capital's business model and the specific lines of insurance and reinsurance they focus on. This will not only show your interest in the company but also help you articulate how your experience aligns with their needs during the interview.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities and how you handle real-world scenarios. Think of examples from your previous roles where you had to validate actuarial estimates or coordinate reserve meetings, and be ready to explain your thought process and outcomes.
✨Showcase Your Soft Skills
While technical skills are crucial, don't underestimate the importance of communication and interpersonal skills. Be ready to discuss how you've collaborated with different teams, such as Pricing and Risk Functions, and how you ensure clarity and understanding in your communications.
