Structured Risk Solutions Pricing SpecialistThis role will involve working closely with underwriters, Alternative Risk Solutions professionals and primarily the Head of Structured Risk Solutions (SRS), Americas. You will be involved in all aspects of SRS Pricing and will contribute to the underwriting process by providing an independent technical premium to underwriters for large Structured Risk Solutions deals. You will represent the Pricing team for SRS matters internally and externally, presenting your pricing indications. This role provides an opportunity to support the future growth of SRS business at AXAXL, which has been designated as a growth initiative. To facilitate the growth initiative, you will draw on your pricing experience, developing scalable pricing processes aligned to market best practice. You will be a subject matter expert on pricing SRS deals at AXAXL.
You will have exposure to both UW and Actuarial leadership teams through quarterly business reporting meetings, and annual planning process. You will have significant freedom to work independently but will also work closely with the UK SRS Pricing Actuary to ensure consistency in approach.Colleague InteractionsRepresent pricing and analytics in product meetingsCoordinate with Global Product Pricing ActuariesUnderstand data and processes and propose improvements that will enhance analysis and efficiency of the pricing process in a manner commensurate to the profitActuarial Pricing AnalysisYour key responsibility will be pricing complex (re)insurance deals, including supporting the structuring of the transactionsPerform Independent Profitability Analyses as needed to provide business guidance to UnderwritingBuild understanding of Global Specialty business segment through appropriate participation in various other analyses including audits of pricing tool data and rate level analysisUnderwriting and Pricing Tools DevelopmentDevelopment of new pricing tools, and the associated pricing processProvide training and guidance to underwriters on pricing modelCalibration of rating factors as data allowsOngoing maintenance and enhancement of pricing model to enable better underwriting decisionsReview and monitoring of underwriting metricsCollaborate with the analytics team on improving the pricing model based on new data sources and analytical techniques.Reinsurance Analysis, Risk Management and Regulatory SupportCapital modeling support including development of underwriting risk assumptionsProvide actuarial pricing support for regulatory reports as requiredProviding pricing and analytics support for Reinsurance Treaty renewals as needed.What You Will BringWe're looking for someone who has these abilities and skills:Required Skills and Abilities:Qualified actuary (FIA, FCAS or equivalent)Significant experience of non-life insurance pricing (casualty preferred), SRS pricing experience would be idealCommercial experience of programming (Python / R / SQL)Proficiency in ExcelDeveloped ability to Influence and negotiating skillsLeadership skills to work collaboratively with colleagues across functions to build consensusExceptional analytical skills and verbal communications skills to gain buy-inExcellent written communication skillsRobust ability to think strategically and apply critical thinking to solve problemsWho We AreAXA 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.What We OfferInclusion: 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 enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential.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 ArrangementsEnhanced family-friendly leave benefitsNamed to the Diversity Best Practices IndexSignatory to the UK Women in Finance CharterSustainability: 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 Sustainability strategy, called "Roots of resilience", focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.The U.S.
base salary range for this position is USD $118,700 - $207,800. 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.