Actuarial Specialist, Actuary Insurance Pricing - XL Group

Specialist, Actuary Insurance Pricing

Exton, PA I Stamford, CT I Hartford, CT I New York, New York 

 USA

In this role you will support the Head of Pricing, Primary Casualty and underwriters in all aspects of primary casualty pricing.  There will be opportunity to support a variety of business segments including U.S. Risk Management, Construction Primary and Group Captives. You will have exposure to key business partners in underwriting, claims, reserving and pricing through individual account pricing, annual business planning and quarterly business review meetings. 

DISCOVER your opportunity

What will youressential responsibilities include?

• Contribute to the analysis of results for the overall portfolio to help determine the impact of pricing decisions on future business profitability.
• Conduct deals specific pricing and collateral requirements.
• Collaborate with key business stakeholders in Underwriting, Finance, Reserving and Claims to improve pricing accuracy.
• Contribute towards loss trend selections using both internal and external data to support the annual business planning process.
• Support the monthly pricing metric process to ensure accurate and timely reporting of rate change and relative rate level metrics.
• Support development, testing and calibration of pricing tools.
• Assist in the update of parameters underlying the rating and pricing tools for primary product lines to support market leading technical pricing capabilities.
• Support reinsurance purchasing with data and analysis.

You will report to Actuary, Insurance Pricing.

SHARE your talent

We’re looking for someone who has these abilities and skills:

Required Skills and Abilities:

• Bachelor Degree in Actuarial Science, Mathematics, Applied Math, Statistics, or related field.
• Outstanding verbal and written communications skills
• Excellent ability to think strategically

Desired Skills and Abilities:

• Experience in commercial lines pricing
• In the process of the early stages of the actuarial exams with intention to qualify in the Casualty Actuarial Society
• Leadership skills to work collaboratively with colleagues to build consensus
• Robust influencing and negotiating skills

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 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. 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 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. 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. 

For more information, please seeSustainability at AXA XL.

The U.S. pay range for this position is USD 64,500 – 114,500. Actual pay will be determined based upon the individual’s skills, experience, and location. We strive for market alignment and internal equity with our colleagues’ pay.

At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits.  We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers.  For more details about AXA XL’s benefits offerings, please visitUS-Benefits-at-a-Glance_2023_US.pdf (myaxaxlbenefits.com).