Credit Pricing Analyst - Axis Capital Holdings
New York, NY
About the Job
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.
Credit Pricing Analyst (Credit andMortgage)
How does this rolecontribute to our collective success?
This role reports to the Global Head of Credit Pricing.
We expect the successful applicantto manage internal models and tools and perform analysis for pricing, reserving and accumulation. This role willprimarilysupport the MortgageUnderwritingteam. The analyst willbe responsible foranalysis ofnew transactions and the in-force portfolio.
What will you do in this role?
MortgageTreatyPricing
Provide top tier analyticsin support of underwriting mortgagetreatieswith Government Sponsored Enterprises (GSEs), Private Mortgage Insurers (PMIs) and other sources (banks, other insurers) in the US and internationally
Handling of submissiondata
InvestigateMortgage pricing model developments
Documentation of assumptions
Credit Treaty Pricing
Supportingtechnical pricing analysesof Credit Treaties
Provide top tier analytics to underwriters including rate adequacy
Documentation of assumptions
Rate and trend monitoring
Investigate mortgage pricing developments
Tool ownership
Maintain and runinternal models and analytics toolsto support pricing and monitoring ofthe Mortgage portfolio. Including liaising with consultants and vendors whenappropriate.
Enhancing existing tools capabilities and analytics
Integrate tools into the Axis tool landscape
Aggregation and Accumulation
Quarterly reportingofin-forceMortgageexposuresto exposure risk management
Provide top tier analytics toExecutive Management
Projects
Work together with colleagues in cross-functional actuarial projectssuch asdeveloping KPIs and supporting the internal model
Reserving and Planning
Provide pricing input to reserving and planning processes
You may alsobe requiredto take onadditionalduties, responsibilities and activities appropriate to the nature of this role
About You:
We encourageyouto bringyourown experience andexpertiseto 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:
Confident, can-do attitude and an enthusiastic proposer of solutions
Minimumrequirement of Bachelors, preferablyactuarial,finance, computer science or related technical field
Demonstratable programming experience in Pythonand/orR
Part qualified or fully qualified Actuary; OR part qualified / qualified CFA with an interest to take actuarial exams
Whatwe prefer you tohave:
3-5years Experiencein Reinsurance or Insurancepricing or related actuarial field such as reserving, portfolio management
Experience or working knowledge of mortgage /credit markets
Programming experience in other languagesinclSQLand VBA
Role Factors:
In this role, you will typicallybe requiredto:
Be in the office 3 days per week
What we offer:
You will be eligible fora comprehensive and competitive benefits package which includes medical plans foryou andyourfamily, health and wellness programs, retirement plans, tuition reimbursement, paidannual leave, and much more.
For this position, we currently expect to offer a base salary in the range of150kto180k(NYand NJ).Yoursalary offer will be based on an assessment of a variety of factors includingyour specificexperience and work location.
In addition,you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this,you will be eligible fora comprehensive and competitive benefits package which includes medical plans foryou and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.
Where this role is based in the United States of America, this role isExemptfor FLSA purposes.
