Senior Portfolio Pricing Actuary

Axis Capital; Greater London; Hybrid; GBP 120,000 - 180,000; Full time

Benefits offered by this job

Medical and retirement benefits

Tuition reimbursement

Paid annual leave

Wellness programs

Job summary

AXIS Capital in London seeks a Senior Portfolio Pricing Actuary to lead end-to-end pricing for complex, multi-class portfolios. You will collaborate with underwriters, finance, and analytics to optimise structures, assess risk and drive portfolio performance.

You will influence pricing standards, mentor junior actuaries, and work within a hybrid model requiring three days in the office weekly. Strong actuarial background and leadership capabilities are essential.

Qualifications

• Fellow or Associate of the Institute & Faculty of Actuaries or equivalent.
• Ability to explain complex actuarial analysis to non-technical audiences.
• Strong stakeholder management and collaboration across teams.
• Commercially minded with proactive, self-directed approach.

Responsibilities

• Own end to end pricing for complex, high value, multi class portfolio deals across product teams.
• Partner with underwriters to design and optimise portfolio structures and pricing.
• Deliver regular portfolio and product monitoring analyses and action plans with underwriting teams.
• Analyse rate changes, market conditions, and loss trends to explain drivers of performance.
• Maintain and enhance portfolio benchmarks and metrics in collaboration with analytics teams.
• Derive expected loss ratios for business planning considering strategy and reinsurance structures.
• Contribute to pricing standards, methodologies, and governance across portfolios.
• Provide guidance and mentorship to Portfolio Pricing Actuaries and Analysts.
• Take on additional duties relevant to the role as required.

Skills

Stakeholder management

Complex actuarial communication

Commercial acumen

Team collaboration

Education

Fellow or Associate of the Institute & Faculty of Actuaries

Tools

Excel

SQL

VBA

Python

R

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 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.

AXIS Capital, Senior Portfolio Pricing Actuary

About AXIS

This is your opportunity to join AXIS Capital – a leading provider of specialty insurance and global reinsurance. We give people and organizations the confidence to take necessary risks in the pursuit of their goals and ambitions. Our strength is grounded in our people and culture, which encourages collaboration, diversity, and entrepreneurialism.

Life at AXIS

• Hybrid work model: We value work-life balance and offer flexibility to our employees through a hybrid work model
• Diverse and inclusive environment: We celebrate diversity and strive to create an inclusive environment for all employees
• Career growth opportunities: We are committed to your professional development and offer various opportunities for growth advancement
• Social impact initiatives: We believe in making a difference and support various social and environmental causes

Job Description

Senior Portfolio Pricing Actuary

Actuarial Pricing

London

How does this role contribute to our collective success?

The Pricing function supports underwriters and management in building robust and profitable portfolios by providing objective insights through deep product expertise.

This role supports underwriting teams managing multi-line portfolios across delegated authority, portfolio-based, and structured capacity arrangements. Working closely with underwriters, you will provide pricing expertise to assess opportunities, monitor portfolio performance, and support underwriting decisions. The role offers exposure to a diverse range of portfolio structures, capacity solutions, and alternative capital initiatives, providing the opportunity to work on some of the most sophisticated insurance arrangements in the London Market.

What will you do in this role?

• Own end to end pricing for complex, high value, multi class portfolio deals, partnering across product teams to assess risk, return, and capital efficiency, and deliver clear recommendations on deal structure, pricing adequacy, and portfolio mix.
• Partner with underwriters to design and optimise portfolio structures, including attachment points, limits, and the use of traditional reinsurance and alternative capital solutions, and act as a senior pricing partner across underwriting, exposure, reserving, capital modelling, and finance.
• Deliver regular portfolio and product monitoring analyses to identify issues and opportunities, and support the design, execution, and tracking of portfolio action plans with underwriting teams.
• Analyse rate change, price adequacy, exposure growth, market conditions, competitive dynamics, and loss trends, clearly articulating drivers of portfolio performance.
• Maintain and enhance benchmarks and portfolio metrics, working closely with Product Pricing and Analytics teams, and support the ongoing development of pricing tools, models, data flows, and analytical capabilities.
• Derive expected loss ratios for business planning, considering business strategy, market conditions, mix of business, trends, and reinsurance structures.
• Contribute to the development and consistency of pricing standards, methodologies, and governance across portfolio business.
• Provide technical guidance, mentoring, and informal leadership to Portfolio Pricing Actuaries and Analysts.
• You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

About You

We are looking for a commercially minded actuary who enjoys operating in complex, evolving environments and wants to influence how portfolios are structured, priced, and managed at scale. You are comfortable forming independent views, providing constructive challenge, and collaborating across disciplines to solve complex problems.

What you need to have

• Fellow or Associate of the Institute & Faculty of Actuaries or equivalent.
• Strong stakeholder management skills, with the ability to build credibility across underwriting, actuarial, and broader business partners.
• Ability to communicate complex actuarial analysis clearly to non technical audiences, including senior management.
• A proactive, self directed approach with strong attention to detail and sound judgment.

What we prefer you to have

• London Market pricing experience is highly desired.
• Exposure to portfolio deals, structured transactions, or delegated authority business.
• Strong Excel and SQL skills; VBA, R, or Python advantageous.
• Experience influencing underwriting strategy without formal authority.
• An interest in developing junior actuaries.

Role Factors

• Be in the office 3 days per week.
• Occasional broker or client meetings, including outside standard office hours.

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.

For this position, we currently expect to offer a base salary in the range of X to Y (NY), [X to Y (GA), X to Y (CA)]. Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location.

In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, 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 vacation, and much more.

Where this role is based in the United States of America, this role is Exempt/Non-Exempt for FLSA purposes.

This posting is for an existing vacancy.