Senior Portfolio Pricing Actuary in London

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 race, colour, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.

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 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? 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.