Specialist Pricing Actuary

4 weeks ago


London, Greater London, United Kingdom AXA XL Full time
Specialist Pricing Actuary - Energy

London, UK

In this role you will be part of the Global Property Pricing & Analytics team, supporting the Energy Business Units globally in all pricing-related topics. The role is based in London where other members of Global Property Pricing team are located, however the business is written in offices globally.

DISCOVER your opportunity

What will your essential responsibilities include?

• Participate in the development, testing, deployment and maintenance of pricing models for existing and new products.

• Perform profitability analyses as needed to provide business guidance to Underwriting

• Assist Underwriters when required for technical premium and for rate change estimation on individual insureds, including queries on pricing model outputs on individual insureds.

• Provide training and education to Underwriters for the understanding and proper usage of pricing models and methodologies

• Lead the monthly rate monitoring process to provide monthly actuarial metrics to Underwriting and Actuarial management and assure accuracy and credibility of the monitoring process and report

• Contribute to the design and, where necessary the production, of management information to assist underwriters and the management team

• Assist with producing recommendations for loss ratios as part of the business and strategic planning exercises

• Liaise with colleagues in pricing teams across Global Property on related topics, to leverage capability, insights and ensure consistency in approach.

• Leverage other AXA XL capabilities, e.g. Geospatial Underwriting, Risk Consulting, Innovation and Data.

You will report to the Head of Pricing, Energy & Construction.

SHARE your talent

SHARE your talent

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

Required Skills and Abilities:

• Significant experience of non-life insurance pricing.

• Nearly or recently qualified actuary or equivalent

• Good teamworking ability to collaborate across teams that are not necessarily co-located

• Excellent analytical skills

• Adaptability and versatility for innovative problem solving

• V erbal communications skills to communicate clearly and concisely with internal and external clients.

• Excellent written communication skills

• R programming skills; proficiency with Excel

• Fluency in English, as English is the business language, and the role is part of a Global function.

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

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 . 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 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
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