Senior Cyber Insurance Pricing Lead — North America

AXIS Capital; New York (NY); On-site; USD 185,000 - 225,000; Full time

Job summary

AXIS Capital is seeking a North American Cyber Insurance Pricing Lead in New York to drive pricing consistency across the US and Canada. You will lead pricing models, profitability analyses, and collaboration with underwriting, reserving and analytics teams.

The role requires 10+ years in insurance pricing, actuary designation, and strong cyber product knowledge. Excellent communication and data skills are essential in this leadership position within AXIS's Insurance Actuarial group.

Qualifications

• At least 10 years' insurance industry experience - pricing experience preferable.
• Fellow or Associate of the Casualty Actuarial Society or equivalent.
• Knowledge of cyber as a product and / or a peril preferred.
• Excellent communication and interpersonal skills, able to establish credibility with both internal and external stakeholders.
• Thoroughness, attention to detail and diligence.
• Self-starter, proactive and with the ability to develop, recommend and implement new approaches.
• Competent user of Excel, Word, PowerPoint, SQL, VBA.

Responsibilities

• Develop/maintain pricing models and train underwriters to ensure a consistent approach across the US and Canada.
• Deliver quarterly product monitoring (profitability) analyses for to identify any potential issues and / or business opportunities, and assist underwriters in developing subsequent action plans & strategy.
• Assist underwriters as needed in the evaluation of large account or facilities pricing.
• Derive expected loss ratios for financial planning taking into account business strategy, market conditions, mix of business, trends and reinsurance structure.
• Work with Cyber Portfolio Management Lead to ensure risk / accumulation potential is evaluated appropriately for and allowed for in pricing metrics.
• Work with Ceded Reinsurance to produce information for reinsurance submissions and present information as needed to reinsurers / brokers.
• Report accurate and up to date rate monitoring data and advise on the impact of emerging rating trends on underwriting strategy.
• Recommend and assist with the implementation of more comprehensive data capture as needed to support monitoring.
• Lead team of analyst(s), rotational graduates and interns.

Skills

Pricing knowledge

Cyber product

Communication

Attention to detail

Self-starter

Excel

SQL

VBA

PowerPoint

Word

Education

Fellow or Associate of the Casualty Actuarial Society or equivalent

Tools

Excel

Word

PowerPoint

SQL

VBA

Job description

AXIS Capital is seeking a North American Cyber Insurance Pricing Lead in New York to drive pricing consistency across the US and Canada. You will lead pricing models, profitability analyses, and collaboration with underwriting, reserving and analytics teams.

The role requires 10+ years in insurance pricing, actuary designation, and strong cyber product knowledge. Excellent communication and data skills are essential in this leadership position within AXIS's Insurance Actuarial group.