Axis Head of Professional Lines Reserving 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.
KEY DUTIES & RESPONSIBILITIES:
Oversee the execution of the quarterly reserving process including initial reconciliations, ACE selections, peer review, controls and documentation.
Oversee the selection of actuarial assumptions including initial expected loss ratios, loss development curves and default method weights.
Review and validate plan loss ratios.
Support legal entity and corporate reporting requirements.
Perform ad-hoc deep dive analyses on reserving hot topics such as social inflation.
Continually enhance processes and help improve reserving analytics.
Manage the Professional Lines team with two direct reports ensuring the company recruits, retains and develops staff to enable a high-performance reserving function.
REQUIRED EDUCATION/TRAINING & EXPERIENCE:
Bachelor’s Degree in Math, Accounting, Economics, Statistics, Business, Risk Management or a similar field.
Significant industry experience with an insurance, reinsurance, or consulting background in reserving, pricing, or modeling roles.
Experience managing actuarial staff for an insurance/reinsurance or consulting company.
Fellowship in the Casualty Actuarial Society (FCAS) or Institute of Actuaries (FIA) preferred.
OTHER DESIRED SKILLS & CHARACTERISTICS:
Promote and demonstrate the AXIS values of delivery on promises; integrity; passion; dynamism and One-AXIS.
The ability and desire to work collaboratively with different functional areas.
Must be familiar with SAP/GAAP reporting and actuarial standards of practice and be well-versed in ratemaking and reserving using traditional and advanced techniques.
Experience and demonstrated success in significant leadership and management roles.
Proven ability to plan, organize, and direct the execution of organizational goals, objectives, and complex processes.
Excellent organizational skills and a strong attention to detail.
Ability to think strategically and stimulate creativity.
Superior analytical skills.
Rewarding. Challenging. Meaningful.
We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry.
Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.
We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.