Specialist Actuary

Specialist Actuary

Exton, PA I USA

In this role you will be a part of the North America Excess Casualty Insurance actuarial pricing team. You will produce actuarial pricing models, analyses, insights, and tools for Excess Casualty actuaries and underwriters. The role is based in Exton, PA, USA however the business is written in offices throughout the United States.

DISCOVER your opportunity

What will your essential responsibilities include?

• Provide decision making guidance throughout the entire underwriting process, using advanced analytics, to drive superior business performance.

• Support development, testing, calibration, and maintenance of pricing tools. Support of these tools may involve significant and close collaboration with technical teams such as Models & Analytics, IT, Compliance, etc. Conduct rating algorithm reviews and documentation.

• Utilize pricing tools and actuarial acumen to produce account-specific pricing guidance accurately, timely, completely, and with reasonable independence. Review available information for model input quality control. Deep dive into and learn various components and compilation of complex rating algorithms. Collaborate with other actuaries when forming pricing guidance. Effectively communicate selections to 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.

• Ad hoc projects to improve the quality of data that is used in pricing analysis.

• Engage closely with CUO, Underwriting, Reserving, Claims, to improve pricing accuracy.

• Training of underwriters, more junior actuaries, etc. in pricing matters.

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:

• Significant experience of non-life insurance actuarial pricing or reserving

• Qualification level - Qualified or near qualified actuary

• Bachelor's degree in Actuarial Science, Mathematics, Applied Math, Statistics, or related field

• Significant experience in Excel. R programming skills. Other coding experience is a plus

• Motivated, organized, strategic thinker with a excellent collaborative work ethic

• Leadership skills to work collaboratively with colleagues to build consensus

• Excellent problem-solving and analytical skills, as well as attention to detail

• Adaptable to new challenges and proactive for innovative problem solving

• A focus on quality and integrity

• Excellent influencing and negotiating skills utilizing effective verbal and written communication

• Good organizational, time management and prioritization skills

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 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

Inclusion & Diversity

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.

The U.S. pay range for this position is USD 75,500 - 149,000. 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. For more details about AXA XL's benefits offerings, please visit US-Benefits-at-a-Glance_2023_US.pdf (myaxaxlbenefits.com)