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.
Actuarial Analyst
North American Programs Pricing
Actuarial
How does this role contribute to our collective success?
As a member of the actuarial team supporting the North American Programs business unit, this individual will directly contribute towards managing the portfolio strategy of the Programs book. They will proactively engage with Reserving, Risk Management, Finance, Claims, and Data & Analytics colleagues to achieve desired business outcomes and implement business strategies.
What will you do in this role?
• Support the North American Programs Business Unit through profitability studies, price monitoring, planning, and new business opportunity analyses.
• Monthly reporting of Rate Change, Large Losses, Actual vs Expected, etc.
• Build and maintain Excel tools that help the Underwriting teams review both individual accounts as well as overall portfolio performance.
• Query and validate complex policy and loss data in SQL.
• Support the filings team with the data and exhibits needed for rate filings.
• Deep Dive analyses. This may include quantifying the impact of business strategies, market conditions, mix of business, loss trend, loss costs and reinsurance structures.
• Collaborate with Data and Analytics colleagues to implement Power BI dashboards.
• Train and Mentor Year-Round Interns
• You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
About You:
We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
What you need to have:
• Progress towards Associateship in the Casualty Actuarial Society, or other relevant actuarial organization.
• Advanced user of Excel and can perform lookup functions, pivot tables and nested IF statements to create analyses from multiple large data sets.
• Experienced user of SQL with knowledge of how to query data.
• Self-starter, proactive and a quick learner. Willing to question and investigate.
• Excellent communication skills, interpersonal skills, and ability to establish credibility with senior underwriters and business unit leaders.
• Attention to detail with work that is technically sound.
• Timeliness of delivery and appropriate prioritization when there are conflicting demands.
What we prefer you to have:
• Understanding of Actuarial Methods. Ability to produce an estimate of Ultimates from raw data.
• Experience with rate filings.
• Familiarity with ISO Loss Costs.
• Experience querying complex data.
• Experience building Excel tools.
Role Factors:
• Show continued progress on actuarial exams.
• Be in the office 3 days per week.
• Occasional travel for business.
What we offer:
For this position, we currently expect to offer a base salary in the range of $115,000 to $130,000 . Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location.
In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate performance and your individual performance. On top of this, you will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.
Working at
Axis Capital
AXIS Capital Holdings Limited is a global provider of specialty lines insurance and treaty reinsurance. With a footprint in various critical insurance markets worldwide, AXIS Capital emphasizes a balanced combination of traditional and innovative solutions. Their dedication to understanding and managing global risks allows actuaries to engage in pioneering work, shaping the future of specialty insurance. With a culture that values integrity, long-term vision, and agility, AXIS Capital offers actuaries a platform to excel, innovate, and make a tangible impact in the ever-evolving world of insurance.