Actuarial Analyst, PRCB

AXA XL; Greater London; On-site; GBP 54,000 - 91,000; Full time

Job summary

AXA XL in London invites applications for a pricing actuary role focused on Political Risk, Credit and Bond underwriting. You will collaborate with underwriters, IT, and senior actuarial staff to develop pricing models and dashboards.

You will drive regional pricing, support global case pricing, and contribute to data reporting and pricing audits. Strong actuarial progress and coding skills are essential for success.

Qualifications

• Bachelor’s Degree or equivalent in a relevant field.
• Progress toward actuarial accreditation from the Institute of Actuaries.
• Some experience in pricing for commercial lines.
• Analytical skills to evaluate profitability.
• Ability to work independently and in a team.

Responsibilities

• Be the main regional contact for PRC pricing and monitor product developments.
• Lead pricing for global cases with guidance from Head of PRCB Pricing.
• Interface with IT teams to scope and implement pricing tool changes.
• Develop and maintain Pricing dashboards with segmentation analysis.
• Perform adhoc data updates and reporting for pricing models.
• Conduct pricing audits and provide data-driven insights.

Skills

Pricing

Actuarial

Data analysis

Programming: VBA/SQL/R/Python

Commercial lines pricing

Communication skills

Education

Bachelor’s Degree or equivalent

Actuarial accreditation progress (Institute of Actuaries)

Tools

VBA

SQL

R

Python

Job description

This role will involve working with underwriters, information technology development teams, and senior actuarial team members. The main areas of involvement will be in pricing for the Political Risk, Credit and Bond underwriting teams but work for other global specialty products may be required.

What you’ll be doing

What will your essential responsibilities include?

• Be the main point of contact for one region for PRC, and keep up to speed with new product developments, and assist in developing new pricing models as required and as is commensurate to the premium.
• Be the main point of contact for Commercial Bond.
• Take the lead on global case pricing, with support from the Head of PRCB Pricing.
• Interface with information technology development and support teams to scope and implement changes to existing pricing tools.
• Consolidate, develop and maintain Pricing dashboards. Develop Pricing Dashboards to include segmentation analysis.
• Perform adhoc data updates in Pricing models.
• Perform adhoc data reporting requests, including Development Triangles for Reinsurance submissions.
• Perform pricing audits.

You will report to Head of Pricing.

What you’ll bring

• An innovative thinker who can provide solutions from both an actuarial and business perspective with:
• A focus on quality and integrity.
• A keen interest in global geopolitics and how it could affect pricing.
• Some experience in commercial lines pricing.
• Coding skills in VBA, SQL, R and/or Python.
• Progress toward actuarial accreditation from the Institute of Actuaries.
• Bachelor’s Degree or equivalent experience in a relevant field.
• Analytical skills to evaluate business segment profitability.
• Mental agility and adaptability to changing circumstances.
• Experience of Specialty product lines preferred.
• Ability to work self-supported with minimal supervision and part of a team.
• Robust verbal communication skills.
• Excellent written communication skills.

Who we are

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 at axaxl.com

What we offer

Inclusion

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. 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 at Inclusion & Diversity at AXA XL | AXA XL. AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

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 see Sustainability at AXA XL

The U.S. base salary range for this position is USD 73,900-122,700.

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 visit US Benefits at a Glance 2026.