New York or Alpharetta or Red Bank or Princeton or Short Hills Hybrid Employment USD 130,000 - 190,000 Yearly

AXIS Capital is hiring an Actuary

About the Role

Axis Capital is seeking a North America Property Pricing Actuary to be a leading contributor to our pricing practice. You will embed with underwriting functions, providing objective insights and deep product expertise to help build robust, profitable portfolios.

What You'll Do

  • Assist with the development, validation, and maintenance of technical pricing models across various Property products.
  • Support individual transactions and perform case pricing in line with pricing governance.
  • Lead the regular product monitoring analysis cycle and discussions with Division and Business leaders.
  • Contribute to the Property Underwriting management team in developing, assessing, and implementing business strategies.
  • Synthesize information across subject areas and present conclusions to divisional management.
  • Coordinate the selection of expected loss ratios for financial planning, engaging with Reserving.
  • Evaluate the potential profitability and assemble expected loss and combined ratio selections for new business opportunities.
  • Develop, support, and maintain key risk assumptions by class, and integrate risk-based pricing metrics.
  • Recommend and introduce more technical and detailed price monitoring analyses.
  • Help with management and development of a team of supporting actuaries.
  • Recommend and assist with the implementation of more comprehensive data capture.

What We're Looking For

  • Associate or Fellow of an accredited Actuarial Society, or commensurate experience.
  • 6 to 9+ years of actuarial experience.
  • Advanced knowledge of Property exposures, coverages, and accumulation models.
  • Direct knowledge of technical price modelling and experience-based rating concepts.
  • Able to self-start own tasks and be proactive with thought leadership.
  • Able to develop, recommend and implement new approaches, proactively challenging the status quo.
  • Able to communicate technical concepts and establish credibility with audiences at all levels, including Executive Leadership.
  • Understanding of standard reserving and pricing methods and the key issues and trends.

Nice to Have

  • Intention to qualify as a fellow of a professional body, with a strong track record of progress in actuarial examinations to date.

Team & Environment

You will be embedded with underwriting functions for the business units.

Benefits & Compensation

  • Competitive target incentive compensation.
  • Comprehensive and competitive benefits package including medical plans for you and your family.
  • Health and wellness programs.
  • Retirement plans.
  • Tuition reimbursement.
  • Paid vacation.
  • Compensation: Base salary in the range of $130k to $190k (NY), $120k to $160k (GA).

Work Mode

This is a hybrid position based in our New York (NY) or Georgia (GA) locations.

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.

Required Skills
Actuarial ScienceProperty InsuranceExposure ModelingAccumulation ModelsTechnical PricingExperience-Based RatingFinancial AnalysisRisk Assessment
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About company
AXIS Capital

A trusted global provider of specialty lines insurance and reinsurance.

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Job Details
Department Data and Analytics
Category other
Posted 14 days ago