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AXA
Senior Actuarial Analyst, Middle Market
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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.
$127,871 / year median in Pennsylvania
-4% projected decline
Job Description
Job Description In this role, you will be a part of the North America Middle Market actuarial pricing team, supporting initiatives that drive pricing strategy, portfolio profitability, and business growth. You will partner closely with actuarial and underwriting teams while gaining exposure to individual account pricing, portfolio management, pricing model development, and strategic pricing analyses. What you'll be doing As part of the Middle Market Pricing team, you'll gain exposure to a broad range of pricing, profitability, and portfolio management initiatives while helping drive analytical insights that support business results.
This exposure may include:
Supporting pricing strategy development alongside underwriting and actuarial leaders to drive profitable growth across AXA XL's Middle Market portfolio Delivering actuarial analyses and pricing recommendations for individual accounts, portfolio management, and business planning decisions Monitoring portfolio performance, rate adequacy, pricing effectiveness, and profitability trends to identify opportunities and emerging risks Analyzing business results across industries, geographies, and customer segments to support underwriting strategy, growth initiatives, and renewal actions Developing, enhancing, and maintaining pricing models, rating tools, and segmentation approaches that improve pricing accuracy and business outcomes Performing loss, claims, trend, and competitive market analyses to generate actionable insights and support pricing decisions You will report to a qualified actuary on the Insurance North America Middle Market Pricing and Analytics team. What you will BRING We're looking for someone who has these abilities and skills: Moderate actuarial, insurance, data analytics, or related analytical experience Bachelor's degree in actuarial science, Mathematics, Applied Math, Statistics, or related quantitative field Progress toward CAS credentialing with a demonstrated commitment to professional development Experience using Python, R, SQL, or similar analytical tools to analyze data, automate processes, and develop insights Robust analytical, problem-solving, and critical thinking skills Ability to communicate technical concepts and recommendations effectively to both technical and non-technical audiences Collaborative team player with outstanding organizational and time management abilities Intellectual curiosity, demonstrated initiative, and a commitment to continuous learning and improvement Attention to detail and a focus on producing high-quality work with integrity Who WE are 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 . What we OFFER Inclusion 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 enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and 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 Inclusion & Diversity at AXA XL |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 73,900
- 122,700.