Senior Actuarial Analyst | London, UK

Axis Capital; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

Join a leading global provider of specialty lines insurance as a Senior Actuarial Analyst. This role involves developing internal models, enhancing methodologies, and ensuring compliance within the Capital Modelling team. You will collaborate closely with various stakeholders and improve model performance while maintaining a focus on effective communication and relationship building.

Qualifications

• 2+ years of experience in an actuarial risk environment.

Responsibilities

• Maintaining and developing the internal model system and supporting tools.
• Developing parameterisation methodologies and tools.
• Validating model methods and parameters for compliance.

Skills

Communication

Planning

Organization

Attention to Detail

Tools

Tyche

Spreadsheets

Databases

Job description

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 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. Accommodation is available upon request for candidates taking part in the selection process.

Senior Actuarial Analyst

Department: Capital Modelling

Reporting to: Deputy Head of Model Development

Job Description

This role works within the Capital Modelling team, focusing on developing AXIS's internal model built on the Tyche software platform. Responsibilities include updating and developing the internal model & reporting tools, improving parameterisation methodologies, updating model parameters, and conducting validation tests and deep-dives into model performance.

Job Responsibilities

Model Development

• Maintaining and developing the internal model system and supporting tools for inputs, outputs, and reporting
• Developing and implementing new modelling methods
• Improving model performance, especially for runtime and memory use
• Understanding and communicating the limitations of modelling methodologies
• Undertaking ad hoc investigations and developments as needed

Parameterisation

• Developing parameterisation methodologies and tools
• Updating model parameters and explaining their movements
• Communicating limitations of parameterisation methodologies and input data

Validation and Governance

• Validating model methods and parameters to ensure proper operation
• Designing tools and processes for model governance compliance

Leadership and Relationships

• Presenting and explaining results to various company levels
• Engaging with teams and stakeholders for timely results delivery
• Providing advice and training to the capital team

About You

Required Qualifications and Experience:

• 2+ years of experience in an actuarial risk environment

Desired Skills & Characteristics:

• Highly computer literate, familiar with spreadsheets, databases, and systems
• Experience with capital modelling software such as Tyche, Igloo, or ReMetrica
• Tyche experience preferred but not essential; willingness to learn and understand the model deeply is key
• Coding experience is a plus
• Enthusiastic about asking questions and understanding work implications
• Ability to develop effective relationships at all levels
• Excellent communication skills, both oral and written
• Strong planning, organization, and attention to detail
• Ability to structure analyses and models clearly

Role Factors

In this role, you will typically be required to be in the office 2-3 days per week.