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AXA

Global insurer offering life, property, casualty

Head of Casualty Pricing North America Reinsurance

Actuarial & Risk ModellingConfirmed live in the last 24 hours
Full-time$166.4k - $277.3k

About the Job

Requirements

  • Qualified actuary—FCAS—or extensive experience.
  • Relevant pricing experience within the property and casualty reinsurance industry. Candidates with substantial experience in reinsurance reserving or commercial carrier pricing will also be considered.
  • Ability to acquire technical knowledge and adapt to new environments quickly.
  • Ability to explain and translate actuarial concepts and outputs to stakeholders, and communicate difficult messages constructively.
  • Ability to work with actuarial and underwriting teams across geographies.
  • Ability to work under pressure and manage multiple tasks and projects while responding to changing business priorities; organizational, prioritization, and task-planning skills are essential.
  • Ability to relate strategic business priorities to day-to-day activities.
  • Experience managing small teams.
  • Ability to identify business needs and design and build solutions accordingly.
  • Must be legally authorized to work in the United States without sponsorship, now or in the future.

Responsibilities

  • Provide pricing support to the underwriting team by performing analyses and peer-reviewing others’ work, including reviewing statistical data and qualitative information to estimate underlying loss trends, rate changes, systemic-event impacts, ground-up and excess loss development factors, and future profitability.
  • Enhance technical pricing and portfolio-management capabilities by leading projects.
  • Develop pricing methodologies aligned with global strategies and standards, including algorithms, parameters and assumptions, impact analysis, and advanced pricing techniques.
  • Support the development, testing, and calibration of pricing tools; maintain technical pricing documentation and enforce pricing-model governance.
  • Use appropriate data sources to monitor and update industry benchmarks for rate changes, trends, and loss development factors.
  • Drive continuous improvement and process efficiency.
  • Use analytics and management information to drive business performance and provide decision-making guidance throughout underwriting.
  • Evaluate profitability of key businesses to support portfolio management and monitoring, strategy development, business planning, and addressing management concerns.
  • Train underwriters in pricing matters, ensure compliance with global pricing guidelines, and promote consistency in pricing.
  • Gather underwriting data and analytics needs and work with underwriting teams to improve pricing reliability and process efficiency.
  • Work with Enterprise Risk Management and Capital Modeling teams to parameterize underwriting risk distributions and model tail events and adverse loss scenarios.
  • Handle strategic-plan details for the US Casualty product, compile portfolio profitability reviews, help determine profitability targets, and coordinate those activities with European offices writing US Casualty risks.
  • Develop and maintain core US Casualty pricing models used globally.
  • Manage a team of four actuaries.

Desired Qualifications

  • The team writes lines including general liability, umbrella, auto liability, directors and officers, errors and omissions, medical malpractice, and workers’ compensation.
  • Work closely with underwriters, support US-based underwriting teams directly, and lead global projects for the lines of business.
  • Exposure to executive management.

About the Company

AXA

Global insurer offering life, property, casualty

AXA is a global insurer and asset manager that provides life, health, and property and casualty insurance, as well as related financial services. Its products work by customers paying insurance premiums in exchange for coverage against risks; AXA pools risk across many policyholders, prices premiums based on risk, and pays claims when events occur, while also offering investment and retirement products through its asset management arm. The company has grown through large acquisitions, giving it a wide geographic footprint and a diverse mix of personal, commercial, and specialty insurance offerings. This scale and breadth set AXA apart from many competitors, alongside a long history of strategic mergers that expanded its reach to customers around the world. AXA’s goal is to be a leading global insurer and asset manager, delivering financial protection and long-term value to customers and stakeholders.

Company size
10,001+
Company stage
IPO
Headquarters
Paris, France
Founded
1816

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