Actuarial Analyst, Reinsurance Pricing

🌍 Remote, USA 🎯 Full-time 🕐 Posted Recently

Job Description

AXA XL is a leading provider of reinsurance solutions in North America, and they are seeking an Actuarial Analyst to support their Pricing & Analytics team. The role involves pricing individual treaties, enhancing technical pricing capabilities, and collaborating with various stakeholders to achieve profitability targets.

Responsibilities

Provide pricing support to the underwriting team: Evaluate historical and prospective profitability of property reinsurance treaties. You will use a combination of experience and exposure pricing techniques and will consider all possible perils, including natural catastrophes. Assess various reinsurance structures and terms and conditions to achieve minimum profitability targets. Follow global pricing guidelines to ensure consistency in pricing. Present and explain pricing indications to peer reviewers, underwriters and for larger accounts, to AXA XL Re North America senior management
Enhance AXA XL’s technical pricing and portfolio management capabilities: Use appropriate data sources to monitor and update industry benchmarks for rate change, trends, and loss development factors. Work with other actuaries to improve models and fine-tune assumptions and methodologies. Contribute to implementation and testing efforts for reinsurance segment pricing models

Skills

Bachelor's Degree or better in Actuarial Science, Mathematics, Statistics or related STEM field
Taking actuarial exams with intent to qualify in the Casualty Actuarial Society
Advanced knowledge of Excel and VBA required
Ability to acquire technical knowledge and adapt to new environments quickly
Excellent communication skills to build effective working relationships with underwriters and other actuaries
Ability to multi-task and progress on several assignments at once, balancing short-term time pressures against long-term goals
Must have solid organizational skills and attention to detail
Intermediate P&C insurance or reinsurance experience preferred but not required
Ability to code in Python preferred
Basic understanding of R desirable

Benefits

Flexible Working Arrangements
Enhanced family-friendly leave benefits
Competitive retirement savings plan
Health and wellness programs
A wide range of learning opportunities

Company Overview

We are a leading provider of insurance and reinsurance offering innovative risk management solutions for businesses worldwide. It was founded in undefined, and is headquartered in Hamilton, Hamilton, BMU, with a workforce of 10001+ employees. Its website is https://axaxl.com.

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