In this role you will be part of the UK, Europe & APAC Property Pricing & Analytics team, supporting the UK Retail Property Business Unit in all pricing-related topics. The role is based in London, and reports into Pricing Actuary, UK Retail Property & Middle Market. The role is part of the wider Global Property Pricing team and will involve significant collaboration with colleagues in this team.
What will your essential responsibilities include?
- Participate in the development, testing, deployment, and maintenance of pricing models for UK Property business.
- Perform profitability analyses as needed to provide guidance to Underwriting on business decisions.
- Support the pricing team in management of data collection processes from pricing tools and analysis of that data.
- Assist Underwriters when required for technical premiums and for rate change estimation on individual insureds, including queries on pricing model outputs on individual insureds.
- Support training and education to Underwriters for the understanding and proper usage of pricing models and methodologies.
- Assist with the monitoring of key pricing metrics and assure accuracy and credibility of the monitoring process and reporting.
- Contribute to the design and, where necessary the production, of management information to assist underwriters and the management team.
- Assist Actuarial leads with producing recommendations for loss ratios as part of the business and strategic planning exercises.
- Liaise with colleagues in pricing teams across Global Property on related topics, to leverage capability, insights and ensure consistency in approach.
- Leverage other AXA XL capabilities in the output of the pricing team to support underwriters in decision-making e.g. Geospatial Underwriting, Risk Consulting, Strategic Analytics, Enterprise Business Data Solutions and Accelerate.
You will report to Pricing Actuary, UK Retail Property & Middle Market.
Share your talent
We’re looking for someone who has these abilities and skills:
- Some experience of non-life insurance pricing. The role would also suit candidates at the start of their career.
- Ability for teamwork and to collaborate across teams that are not necessarily co-located.
- Outstanding analytical skills
- Adaptability and versatility for innovative problem solving.
- Effective verbal communications skills to communicate clearly and concisely with internal and external clients.
- Excellent written communication skills
- R programming skills; proficiency with Excel
Find your future
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.
How? By combining a strong and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Inclusion and diversity
AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.
At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.
- Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability, and inclusion with 20 Chapters around the globe.
- Robust support for Flexible Working Arrangements
- Enhanced family friendly leave benefits
- Named to the Diversity Best Practices Index
- Signatory to the UK Women in Finance Charter
Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.
Sustainability
At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
Our pillars
- Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
- Addressing climate change: The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
- Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
- AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.
