Graduate Actuarial Analyst

at  AXIS Insurance

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.
At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.
All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.
Graduate Actuarial Analyst
Actuarial Graduate Programme
Job start date: January 2025
How does this role contribute to our collective success?
The Actuarial Graduate Programme is a three-year rotational programme committed to helping you grow throughout your career within the insurance industry. As a Graduate Actuarial Analyst, you will play a crucial role getting involved in front line actuarial work and developing an understanding of key actuarial techniques. While rotating through three actuarial departments, this programme will help you develop a core knowledge of actuarial concepts, fundamental analytical skills, and project management experience.
You will take on key roles in various projects and communicate with senior Actuaries. You will also engage proactively with other professionals and actuarial management to achieve desired business outcomes. Join us at Axis where you’ll have the opportunity to shape your actuarial career, learn, grow, and have fun in the process.
What will you do in this role?

Pricing Rotation:

• Data preparation, collection, and manipulation in spreadsheets
• Assisting in insurance pricing and analysis
• Work closely with underwriters to develop rating models and methods, communicating, and explaining the output from pricing tools.
• Conducting detailed reviews within classes of business to objectively assess profitability.

Capital Modelling Rotation:

• Actuarial modelling and testing
• Work with capital modelling team to improve risk parameterisation and methodology.
• Assist the capital modelling team in maintaining and enhancing the capital model.

Reserving Rotation:

• Work with the reserving team on the quarterly reserving process
• Analyse and investigate historical claims data.

You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
About You:
-

Excellent communication and interpersonal skills

• Thoroughness and attention to detail
• Ability to document work appropriately.
• Ability to work well in a team.
• Self-starter and a quick learner with strong numeracy skills.
• Willing to question and investigate.
• Strong data analytical skills
• Interest in the insurance industry

What you need to have:

• First class or 2:1 University degree

What we prefer you to have:

• Experience within the insurance industry either academically or through prior internships.
• Familiarity with SQL, VBA, R, Microsoft Office is preferrable.

Role Factors:
-
Be in the office 3 days per week, or when required as per your manager.
What we offer:
At the end of the three years, Axis does not guarantee a permanent position, but will make every effort to retain graduates upon completion.
During these 3 years you will be eligible for the Actuarial Study Program which includes paid study leave for up to 40 days a year, financial support for the cost of course materials and exam fees, and salary increases for passed exams. Additionally, you will be provided a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.

Please refer the Job description for details