Head of North America Professional Lines Pricing

AXIS Capital; New York (NY); On-site; USD 275,000 - 300,000; Full time

Job summary

Join a forward-thinking company as the Head of North America Professional Lines Pricing. This pivotal role involves leading pricing strategies and portfolio management for a significant insurance business across North America. With a focus on innovation and excellence, you will collaborate with various functions to enhance pricing models and drive business success. The position offers a competitive salary and a comprehensive benefits package, ensuring a rewarding career in a dynamic environment. If you are passionate about actuarial analysis and leadership, this is the opportunity for you.

Benefits

Medical Plans

Health and Wellness Programs

Retirement Plans

Tuition Reimbursement

Paid Vacation

Qualifications

• 10+ years in actuarial Professional Lines with pricing experience.
• Leadership experience managing teams and functions.

Responsibilities

• Lead pricing and portfolio management for Professional Lines Insurance.
• Define best practices for pricing analysis and metrics.

Skills

Actuarial Analysis

Pricing Techniques

Leadership

Communication Skills

Organizational Skills

Education

Fellow of a relevant actuarial organization

Job description

Head of North America Professional Lines Pricing page is loaded

Head of North America Professional Lines Pricing

Apply locations New York, NY time type Full time posted on Posted 2 Days Ago job requisition id REQ05974

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.

Head of North America Professional Lines Pricing

Job Family Grouping: Actuarial

Job Family: Pricing

How does this role contribute to our collective success?

The pricing team has responsibility for developing consistent, worldwide pricing and portfolio management practices across AXIS, and is primarily responsible for Pricing Models, Case Pricing, New Business Development, Product Monitoring, Portfolio Management, Business Planning, and Price Monitoring. The pricing team interacts extensively with other functions including underwriting, reserving, risk management, capital modelling, and finance.

What will you do in this role?

• This role has direct responsibility for pricing and portfolio management of Professional Lines Insurance business (GWP~$700m) written across North America through retail, wholesale, and delegated channels.
• This also includes management responsibility for two pricing analysts.
• The business includes a broad spread of covers, including Commercial D&O, Financial Institutions, E&O, and Transactional Liability.

You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

About You:

We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.

What you need to have:

• At least 10 years’ experience in an actuarial Professional Lines role; strong preference for pricing experience in products and territories that are prominent in AXIS North America Professional Lines portfolio.

• Fellow of a relevant actuarial organisation.

• Leadership experience in managing teams and responsibility for a function.

What we prefer you to have:

• Strong organisation and leadership skills. Ability to motivate others and bring them along.

• Excellent communication and interpersonal skills; able to establish credibility with underwriters, clients, and senior management.

• Self-starter, proactive with proven thought leadership. Ability to develop, recommend, and implement new approaches.

• Passion for pushing the boundaries of actuarial analysis and tools. Advanced knowledge of pricing techniques used in Professional Lines.

Role Factors:

In this role, you will typically be required to:

• Lead pricing and portfolio management across North America Professional Lines, with responsibility for pricing models, case pricing, rate monitoring, portfolio monitoring, and business planning.

• Define and implement best practice for pricing analysis, pricing metrics, and rate monitoring that is aligned to broader AXIS standards.

• Bring together analysis and considerations from different disciplines (underwriting, pricing, reserving, claims, exposure management) to support portfolio management decisions, including risk appetite, portfolio construction, expansion into new products and territories, cession strategy, and strategic business plans.

• Support wider Professional Lines initiatives and projects, and assessment of new opportunities.

• Contribute to wider actuarial projects across AXIS as a member of the Pricing Team, including direct responsibility for individual initiatives such as pricing platform, pricing metrics, loss trend, risk appetite, capital allocation, and business planning.

What we offer:

For this position, we currently expect to offer a base salary in the range of 275 to 300 (NY). 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.

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We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry.

Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.

We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.