Actuarial jobs in United States

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand out for our outstanding client service, intelligent risk-taking, and superior risk-adjusted returns for our shareholders. We also pride ourselves on maintaining 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 our strength lies in our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds feel comfortable and empowered to be themselves. This means bringing 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 participating in the selection process.

Department: Capital Modelling

Reporting to: Deputy Head of Model Development

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 and reporting tools, enhancing parameterisation methodologies, updating model parameters, and conducting validation tests and deep-dives into model performance.

• Maintaining and developing the internal model system, including input tools, output analysis, and reporting
• Developing and implementing new modelling methods
• Improving model performance, especially in runtime and memory use
• Understanding and communicating the limitations of modelling methodologies
• Undertaking ad hoc investigations and developments as needed

• Developing parameterisation methodologies and building tools to implement them
• Updating model parameters and explaining the movements
• Understanding and communicating the limitations of parameterisation methodologies and input data

• Validating model methods and parameters to ensure proper operation and guide future development
• Designing tools and processes to ensure adherence to model governance policies

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

Required Qualifications and Experience:

• At least 2 years of experience in an actuarial risk environment

Other Desired Skills & Characteristics:

• Highly proficient with spreadsheets, databases, and learning new systems
• Experience with capital modelling software such as Tyche, Igloo, or ReMetrica; Tyche preferred but not essential
• Additional coding experience is a plus
• Enthusiasm to learn and understand the work and its business implications
• Ability to develop effective relationships at all levels
• Excellent communication skills, both oral and written
• Strong planning, organization, and prioritization skills with attention to detail
• Ability to structure analyses and models clearly

In this role, you will typically be required to:

• Be in the office 2-3 days per week