Corporate Reserving Actuarial Analyst

Posted Yesterday
Be an Early Applicant
London, Greater London, England, GBR
In-Office
Junior
Insurance • Financial Services
The Role
Support AXIS quarterly reserving process: produce reserving estimates, peer-review product line analyses, validate actuarial estimates, support reserve meetings, develop diagnostics/reports, assist in deep-dive projects and annual planning, and provide cross-functional support to Finance, Risk, and Investments.
Summary Generated by Built In

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 any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern its operations.

Job Description: Corporate Reserving Actuarial Analyst
How does this role contribute to our collective success?

 

As a member of the Corporate Reserving team, this role will support efforts related to the quarterly reserving process for AXIS. The Corporate Reserving team will support various reserving areas including our Product Line and Regulatory teams and will have exposure to all lines of business written by AXIS.
What will you be doing in this role?

 

Reserving
 

  • Assist in producing the AXIS quarterly reserving estimates.

  • Assist with the peer review of the Product Line quarterly reserve analyses and validation of the selected actuarial estimates.

  • Support reserve meetings for the quarterly reserving process.

  • Assist with the development of new diagnostics tools and reports to improve the quarterly process and provide MI to colleagues across AXIS.

Other

  • Assist with additional project work including deep dives of specific lines of business.

  • Assist in the annual Planning exercise, liaising closely with Pricing and Risk Functions.

  • Provide support for other Group Functions (Finance, Risk, Investments) as required.

  • You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

About you:
We encourage you to bring your own experience and expertise to 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:

  • Bachelor’s degree or equivalent experience

  • Industry experience with an insurance, reinsurance, or consulting background in reserving, pricing, or modeling roles preferred.

  • Actively working to qualify as a Fellow of the Institute and Faculty of Actuaries, or equivalent.

What we would like you to have:

  • Knowledge of various insurance products, including familiarity with delegated underwriting authority, Lloyd's of London, and reinsurance.

  • Experience with management information systems (e.g., database and application development).

  • Intermediate to advanced Excel, SQL Server, VBA capabilities; additional experience with ResQ, PowerBI, Tableau, and/or Oracle or similar applications is preferred.

  • Strong communication and interpersonal skills.

  • Ability to work occasional extended hours and travel on business as required.

  • Excellent organizational skills and a strong attention to detail.

Role factors:

In this role, you will typically be required to be in the office 3 days per week.
What we offer:
You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.

This posting is for an existing vacancy.

Skills Required

  • Bachelor's degree or equivalent experience
  • Industry experience in insurance, reinsurance, or consulting (reserving, pricing, or modeling)
  • Actively working to qualify as a Fellow of the Institute and Faculty of Actuaries, or equivalent
  • Knowledge of insurance products, delegated underwriting authority, Lloyd's of London, and reinsurance
  • Experience with management information systems, including database and application development
  • Intermediate to advanced Excel skills
  • SQL Server experience
  • VBA capabilities
  • Experience with ResQ, PowerBI, Tableau, or Oracle (or similar applications)
  • Strong communication and interpersonal skills
  • Ability to work occasional extended hours and travel on business as required
  • Excellent organizational skills and strong attention to detail
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The Company
HQ: Hamilton
1,966 Employees
Year Founded: 2001

What We Do

AXIS Capital is a global leader in specialty insurance and reinsurance, providing solutions for complex and evolving risks.

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