Axiscapital is looking for an Actuarial Analyst to support underwriters and management by providing objective insights through deep product expertise. You will work across our Specialty business units, including Energy Offshore, Renewable Energy, and Terrorism.
What You'll Do
- Collaborate with pricing systems development and data & analytics teams to upgrade pricing models, databases, dataflows, and analytical output.
- Work closely with underwriters to scope, build, develop, document, and maintain rating models and methods.
- Monitor the quality and accuracy of rate monitoring data produced by rating models and transactional case pricing.
- Quantify the technical adequacy of rates required to meet targeted returns on capital.
- Provide actuarial pricing recommendations regarding risk selection, contract structure, coverage, and pricing for individual deals.
- Input into the business planning process to determine gross loss ratio picks and inform reinsurance programme assumptions.
- Develop product monitoring and segmental review processes to objectively assess profitability and recommend strategic changes.
- Evaluate the impact of market conditions and rate change.
- Analyze the rating environment and market behavior within key business lines.
- Maintain the feedback loop between pricing, reserving, capital modelling, and business planning processes.
What We're Looking For
- 2-3 years’ experience, ideally in an actuarial role in consultancy or a company.
- First class or 2:1 university degree.
- Intention to qualify as a fellow of the Institute & Faculty of Actuaries or equivalent professional body, with a strong track record of exam progress.
- Keen collaborator able to build relationships.
- Able to communicate technical concepts to a non-technical audience.
- Growth mind-set with a desire to seek diverse thought, learn from others, and share knowledge.
- Proactive in challenging the status quo and developing innovative ideas.
Nice to Have
- Knowledge of Specialty exposures, coverages, and accumulation models.
- General insurance, London Market, and pricing backgrounds.
- The ability to manipulate complex datasets using tools like VBA, SQL, R, Python, or similar.
Technical Stack
- VBA
- SQL
- R
- Python
Team & Environment
You will be part of the Pricing function supporting underwriters and management, working across Specialty business units.
Benefits & Compensation
- Medical plans for you and your family
- Health and wellness programs
- Retirement plans
- Tuition reimbursement
- Paid annual leave
Work Mode
This is a hybrid role based in London.
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.
