Specialist Actuary, Excess Casualty at AXA

Uwchlan Township, Pennsylvania, United States -

Full Time

Start Date

Immediate

Expiry Date

16 Sep, 26

Salary

0.0

Posted On

18 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Actuarial Pricing, Reserving, Excel, Python, R, SQL, Financial Planning, Data Analysis, Portfolio Management, Problem Solving, Analytical Skills, Communication, Negotiation, Time Management, Strategic Thinking, Collaboration

Industry

Insurance

Description

We are looking for a motivated actuary to join the North America Excess Casualty Insurance Pricing & Analytics team. You will develop and refine pricing models, conduct in-depth analyses, and deliver actionable insights and tools to support our excess casualty actuaries and underwriters. DISCOVER your opportunity What will your essential responsibilities include? Support the development, testing, calibration, and maintenance of pricing models and complex rating algorithms, including studies on pricing parameters, change impacts, and documentation. Pricing tool data collection oversight, analysis, quality checking, and reporting. Analyze internal and competitor data to support strategy development and financial planning. Utilize actuarial pricing tools and expertise to produce accurate, timely, and comprehensive account-specific pricing guidance. Collaborate with actuaries and communicate effectively with underwriters. Micro portfolio management activities including selection of base loss ratio for business planning, profitability studies & deep dives, dashboard maintenance, and post-event loss evaluations. 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. Guide less experienced actuarial colleagues, take initiative in team projects, and actively participate in developing team practices and strategies. Provide various trainings to underwriters, ensuring they are equipped to make informed decisions. Adhere to and comply with regulatory standards and organizational policies. You will report to a qualified actuary on the Insurance North America Excess Casualty Pricing and Analytics team. SHARE your talent 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 or near 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 Proficiency in Excel Legally authorized to work in the posting country Desired Skills and Abilities: Programming proficiency in Python, R, or SQL is a plus Leadership skills to work collaboratively with colleagues to build consensus Exceptional problem-solving and analytical skills, as well as attention to detail Excellent influencing and negotiating skills utilizing effective verbal and written communication Adaptable to new challenges and proactive for innovative problem solving Good organizational, time management and prioritization skills 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 competitive 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 in Action: 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. For more information, please see Sustainability at AXA XL. Actual pay will be determined based upon the individual’s skills, experience and location. We strive for market alignment and internal equity with our colleagues’ pay. At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers.

Responsibilities

Develop and maintain pricing models and rating algorithms to support excess casualty insurance underwriting. Conduct portfolio management activities, including profitability studies and data analysis to provide actionable financial insights.