Analyst – Specialty Insurance Pricing (Aerospace)

AXA Group; London; On-site; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a dynamic Analyst for their Specialty Insurance Pricing team in London. This role offers the chance to collaborate with actuaries and underwriters globally, focusing on innovative pricing models and tools for Aerospace products. You will contribute to strategic initiatives aimed at improving loss ratios and enhancing portfolio management. Join a forward-thinking company that values teamwork and creativity, where your analytical skills will be crucial in shaping effective insurance solutions. This is an exciting opportunity to grow in a diverse and inclusive environment committed to sustainability and innovation.

Benefits

Flexible Working Arrangements

Enhanced family leave benefits

Volunteering programs

Diversity and Inclusion initiatives

Qualifications

• Support strategic initiatives to improve the loss ratio.
• Develop new tools for improved analysis and portfolio management.
• Build pricing models for new products.

Responsibilities

• Support actuaries by producing actuarial analyses and tools.
• Work with underwriters and IT development teams.
• Manage data collection processes and analyze the data.

Skills

Mathematical skills

Attention to detail

Technical skills in Excel

Programming languages (SQL, R, Python)

Ability to articulate complex information

Project management

Team collaboration

Mental agility

Education

Degree in Mathematics

Degree in Economics

Degree in Science

Tools

Excel

SQL

R

Python

Job description

Analyst – Specialty Insurance Pricing (Aerospace)

London

We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients’ potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters.

DISCOVER your opportunity

We are looking for an enthusiastic individual to join the Pricing and Analytics team at AXA XL working in our London office.You would be supporting actuaries in the UK, Europe and US, primarily producing actuarial analyses and tools to be used by the underwriters pricing Specialty business across the Group.This role will involve working with underwriters worldwide, information technology development teams, and senior actuarial team members.The role will initially focus on Aerospace products but may incorporate work on other Specialty products.

What will your essential responsibilities include?

• Support strategic initiatives to improve the loss ratio by developing new tools for improved analysis and portfolio management
• Building pricing models for new products or where the tools do not currently exist and fostering their use
• Maintaining and streamlining existing actuarial pricing tools, including working with senior team members
• Management of data collection processes from pricing tools and analysis of that data, including
• regular reports on rate change and profitability metrics
• Ad hoc projects and analysis to further our understanding of the correlation between risk factors and potential for loss
• Work with the Pricing Data team at AXA XL to improve the quality of data used in pricing analyses
• Troubleshooting any user problems with the pricing tools
• Training and guidance to the underwriters on using the pricing tools
• Case pricing of large risks

You will report to an Actuary, Aerospace Insurance Pricing.

SHARE your talent

We’re looking for someone who has the following abilities and skills:

• A mathematical, scientific or economics-based degree
• Technical skills in Excel and programming languages like SQL, R, Python, or similar
• Very good attention to detail
• Ability to effectively articulate complex information in a clear, concise, and insightful way
• Manage workloads across different projects effectively
• Eagerness to be a part of a team and collaborate with others
• Mental agility and adaptability to changing circumstances
  
  

FIND your future

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 strong 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

Inclusion & Diversity

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 a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can 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 axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

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 axaxl.com/sustainability