Actuarial Reserving Analyst
4 weeks ago
This is a unique opportunity to contribute to the success of AXIS Capital, a leading global provider of specialty lines insurance and reinsurance.
We are seeking a highly skilled Actuarial Reserving Analyst to join our team, who will play a key role in performing and enhancing quarterly reserving analyses for both insurance and reinsurance business.
The successful candidate will be responsible for:
- Providing analyses for quarterly reserving for the Property and A&H segments on both UY basis and GAP basis, gross and net of reinsurance
- Supporting the selections of initial expected loss ratios by evaluating trend and rate change experience, working closely with pricing actuaries
- Performing actual versus expected analyses, including explanation of large movements during the quarter
- Assisting in presenting quarterly underwriting year and accident year exhibits to divisional underwriting units
- Analysing reserve estimates for large Catastrophe events
- Participating in ad-hoc reserve and profitability studies on specific lines of business, including analysis of underwriting and claim trends, shifts in mix of business, changes in limits or retentions, and examination of loss and premium development patterns
- Partnering with Property and A&H Pricing and Underwriting counterparts to provide insights and better understand results
- Assisting with the analysis of new business opportunities and expansion of current business, as needed
- Assisting with the projections underlying the plan for the subsequent year
The ideal candidate will have a Bachelor's Degree in Maths, Accounting, Economics, Statistics, Business, Risk Management, or a similar field, and be studying to become an actuary (FIA/ACAS/Other Actuarial bodies). They will also have good PC skills and knowledge of Microsoft Excel, SQL and ResQ, and strong attention to detail.
We offer a comprehensive and competitive benefits package, including medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.
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