Senior Analyst - Insurance Pricing

London, England, United Kingdom

12/6/2024

Senior Analyst – Insurance Pricing

London

The Insurance Pricing Team understands the importance of collaboration and displays a continued drive to achieve our goals. The team is focused on managing the Insurance portfolio to ensure continued profitable growth and developing talent to ultimately deliver the best outcomes for AXA XL’s customers.

DISCOVERyour opportunity

Our Pricing Team is involved in a wide variety of projects, including pricing large and complicated accounts, developing and maintaining pricing tools and broader exercises such as portfolio management and planning. Our close involvement in the markets we support helps us influence and shape the performance of the business.This role will be working within the London Wholesale Property Pricing team.

You will work closely with Underwriters, management and senior actuarial colleagues as part of a global team.

Your Key Responsibilities Will Include

• Individual account pricing - calculating technical premiums and other key metrics and communicating the results to underwriters.
• Creating new or updating existing rating models (working with Data, Pricing & Analytics).
• Assessing the accuracy of assumptions within pricing models and updating parameters.
• Providing support and challenges to Actuarial Financial Reporting on reserving assumptions, methodology and results to help ensure the accuracy of reserves.
• Designing and producing management information to assist underwriters and the management team.
• Assisting Actuarial leads with producing recommendations for the base loss ratio as part of the annual strategic planning exercise.
• Auditing and, where appropriate, elaborating the rate change and profitability metrics being recorded.
• Assisting actuarial leads with producing underwriting risk recommendations for the parameterisation of the Capital model, and providing data to assess the effectiveness of outwards reinsurance purchases.
  
  

You will report to the Head of London Wholesale Property Pricing.

SHARE your talent

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

• Previous experience of working in an actuarial role. Experience of non-life insurance pricing, preferably from a Lloyd’s market background , will be particularly beneficial.
• Good written and verbal communication skills.
• Ability and willingness to collaborate across teams.
• Enthusiastic individual who is keen to learn and develop.
• Experience of coding in R or other statistical programming languages will be beneficial.
• Making good progress through early stages of actuarial exams with the intention to qualify.
  
  

FIND your future

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 robust 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

Diversity & 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 a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can 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 axaxl.com/about-us/inclusion-and-diversity . AXA XL is an Equal Opportunity Employer.

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 .

Flexible Work Eligible

Flexible Work Schedule

AXA XL is an Equal Opportunity Employer.

Location

GB-GB-London

Job Field

Actuarial

Schedule

Full-time

Job Type

Standard