Actuary - Primary Casualty
Apply NowCompany: AXA SA
Location: Exton, PA 19341
Description:
Actuary - Primary Casualty
In this role you will be a part of the Primary Casualty Insurance actuarial pricing team. You will be the leading actuary for Auto, General Liability or Workers Compensation supporting all businesses that write the coverage.There is focus on Middle Markets, but you will also oversee the line of business for Large Commercial and Wholesale Solutions.
DISCOVERyour opportunity
What will your essential responsibilities include?
- Lead development, testing, calibration, and maintenance of pricing models and rating algorithms including pricing parameter studies, and pricing change impact analysis
- Collect and analyze industry data such as all aspects of ISO/NCCI rating, loss adequacy, alternative bureau rating plans, competitor studies, third party data, and trends
- Perform line specific analysis and monitor performance and consistency across all business units
- Oversee data collection, analysis, quality checking, and reporting.Propose improvements as needed to enhance analytics and increase efficiencies
- Provide rate filing and regulatory support such as reviews of LCMs, while considering the impact of changes to various business units
- Collaborate with business actuaries to provide decision making guidance throughout the entire underwriting process using advanced analytics to drive superior business performance
- Ensure compliance with Pricing Model Standards, maintain required technical pricing documentation, and enforce pricing model governance
You will report to Head of Pricing, Primary Casualty.
SHARE your talent
Were looking for someone who has these abilities and skills:
- Extensive experience in non-life insurance pricing
- Qualification level Qualified Actuary
- Bachelors degree in actuarial science, Mathematics, Applied Math, Statistics, or related field.
- Middle market, commercial lines, and/or small commercial pricing experience
- Knowledgeable on ISO/NCCI/bureau data, circulars, rating, and products
- Leadership skills to work collaboratively with colleagues to build consensus.
- Robust influencing and negotiating skills
- Robust verbal communications skills and experience gaining buy-in from internal and external clients and stakeholders
- Excellent written communication skills
- Robust ability to think strategically
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 dont just provide re/insurance, we reinvent it.
How? By combining a comprehensive 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.
Learn more ataxaxl.com
Inclusion & 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. Thats 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.Its 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 ataxaxl.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. Were 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. Were 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 XLs Hearts in Action programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day the Global Day of Giving.
For more information, please seeSustainability at AXA XL.
The U.S. pay range for this position is USD 106,000 186,500. Actual pay will be determined based upon the individuals skills, experience, and location. We strive for market alignment and internal equity with our colleagues pay.