Actuarial Specialist Pricing, Regulatory

AXA XL; Exton (PA); On-site; USD 89,400 - 148,600; Full time

Benefits offered by this job

Retirement plan

Health & wellness programs

Professional development

Job summary

AXA XL US Regulatory unit supports rate filings and state approvals for new and existing products in property and casualty lines, with emphasis on workers’ compensation. The role involves coordinating with actuaries, providing data exhibits and responding to filing objections.

You will analyze industry loss costs, produce ratemaking indications, monitor trends, and maintain LCM updates, collaborating across teams to meet deadlines.

Qualifications

• Bachelor’s degree required; nearly or recently qualified actuary preferred.
• Strong experience with property and casualty lines, especially workers’ compensation.
• Proven ability to think strategically and analyze data to support filings.
• Excellent written and verbal communication; ability to work with internal and external clients.

Responsibilities

• Work with Regulatory Compliance to facilitate state approvals for bureau adoptions and new product filings.
• Coordinate with Business Unit Actuaries to meet filing timelines.
• Provide data and exhibits for Department of Insurance filings and draft responses to objections.
• Analyze industry loss costs and assess AXA XL rate needs across lines.
• Produce ratemaking indications and monitor industry trends and LCM updates.

Skills

Actuarial analysis

Ratemaking

Data interpretation

Attention to detail

Communication skills

Project coordination

Education

Bachelor’s degree

Actuary designation (nearly/qualified)

Job description

The AXA XL US Regulatory unit provides support for rates for new and existing products for all major lines of business. The unit is also responsible for annual data calls for workers compensation and maintaining a pulse on industry issues important to US businesses.

What You’ll Be Doing

• Work closely with the Regulatory Compliance Team at AXA to facilitate state approvals for bureau adoptions as well as individual new product filings.
• Coordinate with the Business Unit Actuaries to meet filing and objection timelines.
• Provide statistical data and exhibits needed to submit filings to the respective Department of Insurance and draft responses to filing objections from the Insurance Departments.
• Provide impact analysis of industry loss cost changes on the AXA book of business.
• Produce ratemaking indications for multiple lines of business to assess AXA’s rate need.
• Monitor industry trends and development patterns.
• Conduct Loss Cost Multiplier reviews, maintaining or updating LCMs as needed.

This position will support the Actuary for Regulatory.

Required Skills and Abilities

• Qualification level – Bachelor’s degree required. Nearly or recently qualified Actuary.
• Significant experience with a variety of property and casualty lines, especially workers compensation.
• Proven ability to think strategically.
• Exceptional attention to detail coupled with the ability to look at data in a variety of ways to meet filing requirements.
• Good organizational skills and ability to work under pressure as well as delivering to deadlines.
• Ability to work self-supported with minimal supervision and part of a team.
• Excellent verbal communication skills to gain buy-in to communicate clearly and concisely with internal and external clients.
• Excellent written communication skills.
• Adept at building and maintaining collaborative relationships.

Benefits

U.S. base salary range: USD $89,400 - $148,600. Actual pay will be determined based upon the individual’s skills, experience and location.

Employees are entitled to a competitive retirement savings plan, health and wellness programs, and a range of learning opportunities for professional development.

EEO Statement

Applicants for this role must be legally authorized to work in the United States without sponsorship now or in the future. AXA XL is an Equal Opportunity Employer.