Job Description:
The role will report to the Head of AXICL UK Reserves Governance & AY Reserves Function, in the Actuarial Financial Reporting team based in London.
The Product Actuary for London Wholesale Casualty and Property lines will play a critical role in the reserving function, supporting the Chief Actuary UK’& Lloyds and the Head of AXICL Reserving Actuary setting robust well informed best estimate reserves. The successful candidate will demonstrate technical depth commercial awareness and excellent interpersonal skills to support the actuarial view of the portfolio.

WHAT YOU’LL BRING

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

• Extensive Reserving experience in non-life actuarial reserving, with a focus on complex commercial lines, particularly casualty and property classes.
• Lloyd’s Market Knowledge: Demonstrated experience with Lloyd’s and/or syndicate reserving is essential, including familiarity with Lloyd’s regulatory requirements, reporting processes, and governance frameworks.
• Proven Technical Foundation: proficient in reserving methodologies, actual software tools, and relevant statistical techniques. Able to form independent actuarial judgements while incorporating business context.
• Cross- Market Collaboration: Proven ability to collaborate effectively across geographically dispersed teams, including colleagues in India, the UK, and global offices. Comfortable working in a matrix-ed environment with multiple stakeholders
• Effective Communicator: Capable of presenting complex actuarial results and insights clearly to both technical and non-technical audiences, particularly underwriters, claims professionals, and senior leadership.
• Self-Driven and Solution Oriented: highly motivated, proactive, and able to work independently with minimal supervision. Brings a problem-solving mindset and a willingness to challenge the status-quo constructively.
• Innovative and Commercially Aware: Curious and forward-thinking, with a desire to improve processes and contribute to business strategy through data-driven insights and actuarial perspectives.
• Professional Qualification: Qualified actuary (e.g. FIA or equivalent) with a proven track record of continuing professional development.

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 will your essential responsibilities include?

• Best Estimate Reserving: Assist in developing and maintaining the actuarial best estimate reserves for London Wholesale Casualty and Property portfolios ensuring alignment with regulatory standards, Lloyd’s requirements and internal frameworks
• Cross-Functional Engagement: Proactively engage with underwriters and claims professionals to understand portfolio dynamics, emerging trends, changes in underwriting strategy, and claims experience. Translate these insights into Actuarial judgments
• Market Awareness and Portfolio Contextualization: Maintain a critical awareness of market developments, legal and economic environments, and competition pressures to ensure reserving assumptions reflect the latest intelligence.
• Communication of Results: effectively communicate reserving outcomes and assumptions to key stakeholders, particularly underwriting and claims teams. Tailor messaging to the audience to ensure clarity, transparency, and alignment
• Collaborate Across all Internal Functions: work closely with other teams within actuarial function including data, financial reporting, governance and controls, other regional actuaries, corporate and syndicate actuarial teams- to ensure consistency, accuracy, and completeness of data and methodologies
• Legal Entity and Syndicate Reporting: Support legal entity specific reserving and allocation processes, ensuring that results are appropriately attributed, understood and defendable across affected entities and stakeholders
• Stakeholder Queries and Governance Support: Provide timely and accurate responses to questions from internal stakeholders, group functions and external stakeholders (e.g. regulators, auditors) as required.
• Strategic Influence: Play a pivotal role in shaping the reserving view for high-profile, complex portfolios within the London wholesale Casualty and Property space.
• High Visibility: Work closely with the UK and Lloyd’s Chief Actuary and senior leaders across underwriting, claims and finance- gaining visibility at the highest levels of the business.
• Global Collaboration: Operate in a globally connected environment, working alongside talented teams across India, the UK, and other global offices, fostering a truly collaborative culture.
• Exposure to Lloyd’s Market Dynamics: Deepen your expertise in Lloyd’s reserving, governance, and syndicate- specific nuances, with the opportunity to contribute to market- facing developments.
• Innovation and Process Enhancement: Bring forward new ideas and challenge conventional approaches- whether in methodology, communication, or automation- within a function open to innovation and continuous improvement.
• Leadership Development: Build and demonstrate leadership capability through mentorship, ownership of work streams, and influence across cross functional teams.
• Career Progression: Be part of a dynamic and evolving actuarial function, with clear pathways to broaden your scope-whether in pricing, capital, portfolio analytics, or leadership roles.
• Purposeful Work: Contribute to the strength and sustainability of the business by helping ensure that reserves are robust, well-communicated, and aligned to the underlying risk.

You will report to the Head of AXICL UK Reserves Governance & AY Reserves Function, AFR