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AXA
Specialist Actuary, Americas Property
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What they do
An Actuary calculates the financial costs of risk and uncertainty. Uses findings from statistical analysis and mathematical modeling to help businesses and clients minimize the cost of risk and develop business and investment strategies. Uses actuarial analysis of the probability and cost of natural disasters or accidents to develop insurance policies.
$128,068 / year median in New York
-7% projected decline
Job Description
Job Description We are looking for a motivated actuary to join the Americas Property Pricing team. You will be the pricing lead for the Excess and Surplus Property portfolio and will also support overall global and Americas Property pricing team activities. We are seeking a credentialed actuary with relevant experience to ensure AXA XL remains a leader in the field of property technical pricing and portfolio management and guide junior team members. The successful candidate will be highly driven, able to effectively communicate across functions with technical skills to support evolving pricing and analytic needs to drive profitability. The primary role location is in Exton, PA, USA but open to candidates in NYC, Boston, or Hartford. What you'll be doing What will your essential responsibilities include? Portfolio management activities including selection of base loss ratio for business planning, profitability studies & deep dives, pricing metrics reporting, portfolio segmentation, and dashboard development and maintenance. Pricing tool data collection oversight, analysis, quality checking, and reporting. Adhere to and comply with regulatory standards and organizational policies. Builds robust stakeholder relationships and is dedicated to understanding and meeting their needs. Provide specialized training to underwriters on pricing matters, ensuring the team is equipped with the necessary tools and knowledge to make informed decisions. Leverage new technologies and analytical tools to improve pricing models and processes, ensuring the team stays competitive in the market. Engage closely with teams for pricing accuracy and operational alignment including but not limited to: Governance, CUO, Underwriting, Reserving, Claims, Models & Analytics, IT, Compliance, etc. Support the development, testing, calibration, and maintenance of pricing models and complex rating algorithms, including studies on pricing parameters, change impacts, and documentation. Leverage other AXA XL capabilities, e.g. Geospatial Underwriting, Risk Consulting, Risk Management, IDA and Global Technology You will report to Head of Pricing, Americas Property Lines and Multinational Solutions. What you will BRING We're looking for someone who has these abilities and skills:
Required Skills and Abilities:
Bachelor's degree in Actuarial Science, Mathematics, Applied Math, Statistics, or related field Qualification level- Qualified actuary through the Casualty Actuarial Society Material experience in Property & Casualty actuarial pricing or reserving Motivated, strategic thinker with a robust collaborative work ethic and a focus on quality and integrity Advanced in and significant experience in Excel Legally authorized to work in the posting country
Desired Skills and Abilities:
Exceptional problem-solving, analytical abilities, and attention to detail. Takes full responsibility for deliverables, maintaining high standards and openness to feedback for ongoing improvement. Excellent influencing, negotiating, and communication skills- both verbal and written.
AXA XL . AXA XL
is an Equal Opportunity Employer. Total Rewards AXA XL's Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides enterprising compensation and personalized, inclusive benefits that evolve as you do. We're committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence. 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 inAction :
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.
USD 101,400
- 177,600.
Benefits
- Health and Wellness Programs
- Dental Insurance
- Other Retirement and Savings