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Axis Actuarial Analyst/Senior Actuarial Analyst in New York, New York

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.

JOB SUMMARY:

You will join the Actuarial Team at AXIS Re US where you will be supporting our North American Casualty Treaty business. Relevant lines of business include Professional Liability, Workers Compensation, General Liability, and Auto. In this role, you will work closely with our underwriters to project the results for individual trading relationships. In addition, you will be expected to grow your knowledge of industry trends and be capable of incorporating this into your individual treaty pricing work.

KEY DUTIES & RESPONSIBILITIES:

  • Treaty Pricing – price standard and complex reinsurance deals for North American Casualty lines of business

  • Perform loss trend studies to support of the One Axis model across both Insurance and Reinsurance divisions

  • Deep dive into market and portfolio data to develop indices and model parameters

  • Collect and validate data from clients to input and process it with AXIS pricing tools

  • Liaise with underwriting to properly understand and reflect the risk

  • Use actuarial methods to estimate expected losses, cash flows, risk aggregations and advise management on technical pricing, and ensure robust economic and actuarial evaluation of commercial agreements

  • Provide actuarial input into portfolio monitoring, business planning, and projections

  • Support development and maintenance of data analytics tools and models

  • Participate in cross functional teams and projects and provide best actuarial practices

  • Participate in client and broker meetings/visits

REQUIRED EDUCATION/TRAINING & EXPERIENCE:

Technical Skills:

  • Bachelor’s degree or equivalent within Actuarial Science or similar technical field

  • Ideal candidate will have passed 3 actuarial exams up to pre-ACAS with progress towards achieving ACAS/FCAS

  • Typically requires between 2-5 years of relevant experience, preferably in a pricing department at an insurance or reinsurance company, or a broker company

  • Expert level user of MS Office

  • Proficient in at least one programming language, such as VBA, C#, R, or SQL

Professional Skills:

  • Self-initiated and high motivation; proactively addressing of issues

  • Strong team player

  • Good communication and presentation skills

  • Ability to work in a dynamic and international environment

  • Ability to manage priorities

  • Demonstrated rigor and work ethic

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