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Pricing Actuary

Pricing Actuary

AXISOntario, Canada
18 days ago
Salary
CAD150000–CAD175000 yearly
Job description

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.

Pricing ActuaryNorth American Programs PricingActuarialHow 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 opportunity analyses.
  • Synthesize information across subject areas and present conclusions to individual line underwriting leaders as well as divisional management.
  • Contribute to the selection of expected loss ratios for financial planning in consideration of business strategies, market conditions, mix of business, loss trend, loss costs and reinsurance structures.
  • Collaborate with Data and Analytics colleagues to implement more comprehensive data capture.
  • Monitoring the execution of underwriting actions and strategy implementation; assessing the impact of these on the account's profile and emerging claims experience.
  • Maintain the feedback loop of information and analyses between the pricing, reserving, capital modelling and business planning processes.
  • 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 :

  • Associate or Fellow of 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 analysis from multiple large data sets.
  • Experienced user of SQL with knowledge of how to query data.
  • Ability to translate the results of analytical work into opinion and recommendations.
  • 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 :

  • Experience with MGA business.
  • Experience with Admitted filings.
  • Experience with large account pricing.
  • Experience maintaining databases.
  • Experience building pricing models.

    • 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 $155,000 to $180,000 (NY / NJ), $140,000 to $165,000 (GA), $150,000 to $175,000 (IL). 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.