Reinsurance Actuary
2 days ago
A challenging and rewarding career opportunity exists for a Reinsurance Actuary to join our team in the UK. As a key member of our reserving team, you will be responsible for developing and maintaining high-quality actuarial models and ensuring that our reserving processes are accurate and efficient.
About the RoleThis role is ideal for an experienced actuary with a strong background in reinsurance and a passion for technical problem-solving. You will work closely with our underwriting, claims, and finance teams to ensure that our reserving practices align with business objectives.
Key responsibilities include:
- Developing and maintaining complex actuarial models to support reserving and pricing decisions;
- Collaborating with internal stakeholders to identify areas for process improvement and implement changes;
- Providing expert advice on reserving and pricing matters to senior management and other stakeholders;
- Staying up-to-date with industry developments and emerging trends in reinsurance;
AXA XL is a leading provider of specialty insurance and reinsurance solutions. We offer a dynamic and inclusive work environment that values diversity, creativity, and innovation.
Our company culture is built around three core values: client-centricity, teamwork, and excellence. We believe that by working together as one team, we can deliver exceptional results and make a positive impact on our clients' lives.
We offer a competitive salary package, including a base salary of £80,000 - £110,000 per annum, depending on experience, plus benefits and bonus opportunities.
RequirementsTo be successful in this role, you will need:
- Extensive experience in reinsurance and actuarial modeling;
- Strong analytical and problem-solving skills, with the ability to communicate complex ideas clearly and effectively;
- Excellent collaboration and interpersonal skills, with the ability to work effectively with diverse stakeholders;
- Knowledge of industry-leading tools and technologies, including ResQ and Excel;
- Certification as a Fellow of the Institute and Faculty of Actuaries (FIA) or equivalent;
In addition to a competitive salary and benefits package, we offer a range of perks and incentives, including:
- A comprehensive training program, including ongoing professional development and certification opportunities;
- A collaborative and supportive work environment, with regular social events and team-building activities;
- A flexible and hybrid work arrangement, with opportunities to work from home and in the office;
- A generous pension scheme and employee assistance program;
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