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About the position
AXA XL offers property, casualty, financial lines and specialty insurance and reinsurance solutions for mid-sized companies through to large multinationals globally. This is a full-time entry level position in our Americas Pricing & Analytics actuarial group. P&A offers exam support and cross-unit rotational opportunities to support your early career development. The anticipated start date would be in May or June of 2025 to accommodate typical US university graduation dates as well as our actuarial early career summer development webinars.
Responsibilities
- Support the regular monitoring of rate change and profitability metrics - including initiatives to query outliers, and improve on data quality and coverage - as well as performing audits on metrics to ensure compliance with Pricing Model Standards.
- 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.
- Support development, testing, calibration, and maintenance of pricing models, dashboards, and segmentation analyses alongside various actuaries and teams.
- Portfolio management activities including but not limited to: selection of base loss ratio for business planning, profitability studies & deep dives, trend studies, and post-event loss evaluation.
- Ad hoc projects to improve the quality of data that is used in pricing analytics.
- Provide actuarial support for regulatory needs as needed.
- Provide training and education to Underwriters for the understanding and proper usage of pricing models and methodologies.
Requirements
- Bachelor's degree in actuarial science, Mathematics, Applied Math, Statistics, or related field
- Completion of one or more actuarial exams with intent to qualify in the Casualty Actuarial Society
- Experience solving problems in Excel, R, Python, SQL, or another analytical application
- Legal authorization to work in the country in which the position is posted
Nice-to-haves
- Motivated, organized, strategic thinker with a outstanding collaborative work ethic
- Coding, analytics, and/or dashboard building skills in R or R-Shiny
- Outstanding analytical, mathematical, and research abilities
- Detail-oriented with a focus on quality and integrity
- Adaptable to new challenges and proactive for innovative problem solving
- Ability to effectively articulate complex information in a clear, concise, and insightful way
Benefits
- Competitive retirement savings plan
- Health and wellness programs
- Wide range of learning opportunities for professional skills development
