Actuarial Analyst, Reinsurance Pricing Models

2 weeks ago

London, United Kingdom AXA XL Full time
Actuarial Analyst, Reinsurance Pricing Models & Analytics

This is an opportunity to join the Reinsurance Pricing Models & Analytics team as an Actuarial Analyst. The team works across all reinsurance LOBs to leverage the latest technology and actuarial methodologies to build and maintain pricing models.

DISCOVER your opportunity

What will your essential responsibilities include?
• Contribute to the development of the reinsurance pricing platform.
• Develop core-components that can be reused in various pricing tools. Develop various pricing algorithms to enable pricing sophistication. Share best practices with pricing actuaries who will use the platform for their own development.
• (Re-)design and (re-)build new pricing tools used by underwriters with scalable languages (primarily Python) in connection with pricing actuaries.
• Optimize the structure of pricing tools to facilitate their maintenance and their update, ensure their maintenance. Ensure appropriate technical documentation.
• Contribute to design a consistent strategy of data capture, facilitate the usage of these data for other purposes (portfolio studies, etc.).
• Leverage capabilities and infrastructure developed by IT. Contribute to a clear communication with Ops & Tech, Pricing.

You will report to Head of Reinsurance Pricing Tool

SHARE your talent

SHARE your talent

We're looking for someone who has these abilities and skills:

Required Skills and Abilities:
• Bachelor's degree in mathematics or similar field. Passing exams to obtain FIA/FCAS or equivalent qualification is a plus.
• Ability to work in a team. Great communication skills and the ability to interface with teams having varying backgrounds/skillsets (IT, Actuarial, UW, Ops).
• Committed, self-organized, with excellent attention to detail.

Desired Skills and Abilities:
• Proven experience of (re)insurance pricing and with core actuarial concepts. Experience with commercial lines reinsurance is a plus.
• Good technical aptitude and experience programming in Python/R, SQL, and Excel/VBA.

FIND your future

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide re/insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business - property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com

Inclusion & Diversity

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.

At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It's about helping one another - and our business - to move forward and succeed.

  • Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe
  • Robust support for Flexible Working Arrangements
  • Enhanced family friendly leave benefits
  • Named to the Diversity Best Practices Index
  • Signatory to the UK Women in Finance Charter


Learn more at axaxl.com/about-us/inclusion-and-diversity . AXA XL is an Equal Opportunity Employer.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called "Roots of resilience", focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:

  • Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future. We're committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
  • Addressing climate change: The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
  • Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
  • AXA Hearts in Action : We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's "Hearts in Action" programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving.


For more information, please see axaxl.com/sustainability

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