Actuarial Analyst, Reinsurance Pricing

careersinpoland; Wrocław; On-site; PLN 150,000 - 230,000; Full time

Benefits offered by this job

Five Business Resource Groups (BRGs)

Flexible working arrangements

Enhanced family-friendly leave

Diversity Best Practices Index

Women in Finance Charter

Job summary

AXA XL is seeking an Actuarial Analyst in Reinsurance Pricing to join the Specialty Pricing team. You will support pricing across diverse lines, collaborate with underwriters in Bermuda, London, and other regions, and contribute to strategic planning with actuaries worldwide.

You will participate in cross-region projects, gain exposure to executive management early, and help develop pricing methods and risk analyses for a growing reinsurance portfolio.

Qualifications

• Fluent English (spoken and written).
• Experience in an actuarial/statistical function/team, with London Lloyd's market knowledge a plus.
• Knowledge of the Insurance industry and pricing practices.

Responsibilities

• Provide pricing support for renewals, focusing on Marine Energy and Whole Accounts and other lines.
• Assist with actuarial elements of the business/strategic planning process.
• Assist with development of actuarial pricing methods and parameters across the Reinsurance Segment or regional projects.
• Liaise with actuarial and underwriting teams in the region and across the segment.
• Produce management information and analyses to support underwriters and management.
• Monitor man-made accumulations and report on portfolio risk.

Skills

Fluent English

Actuarial experience

Insurance industry knowledge

Communication skills

Attention to detail

Proactive organisation

Job description

Have you ever wondered who insures the insurance companies? What different elements the insurance policy consist of, and how it is assembled? Would you like to see the backstage of international insurance market? To get to know how to insure skyscrapers from terrorist attacks, endangered species or private art collections? Our company is just the place to do all that!

AXA XL is one of the leading companies on the insurance and reinsurance market. We are currently looking for eager and passionate candidates to join our growing family!

After all, how risky can it be to join the insurance company?

Actuarial Analyst, Reinsurance Pricing

We are looking for a talented and motivated professional to join the Specialty Reinsurance Pricing team at AXA XL. In this role you will provide support to the Specialty Reinsurance Pricing team in all aspects of pricing covering a wide range of products and territories. You will work closely with underwriters and have exposure to executive management from the very start. There will also be opportunities to participate in cross-region and cross-product projects at a Reinsurance segment level.

You will be an Integral part of Specialty Reinsurance Pricing, working actively within a cross-functional team, particularly with underwriters in Bermuda, London and other actuaries around the world.

AXA XL Re writes approximately $1.5bn of annual gross written premium and provides significant career development opportunity for the right candidate over the longer term. Our region encompasses reinsurance markets across the global including US, Europe, Middle East, Africa and Asia. The Specialty Reinsurance Pricing team partners directly with underwriting and executive management as we look to develop and deliver our strategic objectives.

What you’ll be doing

What will your essential responsibilities include?

• Work with actuaries and underwriters during renewals by providing pricing support focusing on Marine Energy and Whole Accounts, but with opportunities to get involved in other lines of business within reinsurance
• Assist with work on the actuarial elements of the business/strategic planning process
• Assist with the development of actuarial pricing methods and pricing parameters, as part of the Reinsurance Segment or with regional projects
• Liaise with other members of the actuarial and underwriting team in the region and across the segment
• Produce management information and other analyses to assist underwriters and the management team
• Monitor and regularly report on man-made accumulations across the portfolio
• Provide input into the quarterly reserving process and annual capital model parameterization where appropriate

What you’ll bring

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

Required Skills and Abilities:

• Fluent English (spoken and written)
• Some experience working as part of an actuarial/statistical function / team, withLondon Lloyd's market knowledge being a strong plus
• Knowledge of Insurance Industry
• Ability to communicate confidently and effectively, including understanding complex problems and being able to explain them clearly to others
• High attention to details, and hence rigorous and accurate work
• Proactive approach to organisation with ability to plan and prioritise work

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 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

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.

• 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.

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.

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