Specialist, Corporate Actuarial

작업 내용

Quantify cat risk embedded in reinsurance portfolio by supporting on risk aggregation tasks along with supporting on submissions for the Reinsurance operations. Support broader risk management initiatives in collaboration with corporate areas.

What will your essential responsibilities include?

• Aggregation Responsibilities:
  • Assisting with any necessary cleansing of individual business unit control sheets,
  • Creation and import of Inward Reinstatement data each quarter,
  • Application of loading factors to account for unmodelled layers,
  • Investigation of movements in modelled and loaded portfolios, as well as loadings themselves &
  • Further ad hoc support.
• Alternative Capital Responsibilities:
  • Aggregating and processing all Re Segment catastrophe and retro layers for provision to alt cap team
  • Creation of reports on expected loss distribution, tracked event analyses and gross vs net analyses for each of the alternative capital strategies – as well as investigation into any movements
• Cat Modeling Support Responsibilities:
  • Gather and interpret information from clients, brokers, and underwriters.
  • Model catastrophe reinsurance structures and strategies using RMS, AIR and other vendors to support actuarial/underwriting functions primarily serving workers comp and agribusiness business lines.
  • Work with our customers to understand exposures, review modeling results, explain modeling limitations and resolve issues promptly.
  • Assess data quality and make necessary assumptions for modeling. Create reports for client exposure and modeled losses.
  • Support projects that improve our function such as model validation, exposure aggregation, tool development, and data mining.
  • Assist in preparing the quarterly aggregation reports, building out in-force portfolios and providing the corresponding loss distributions by peril/region.
  • Develop processes & scripts to facilitate data transfers and optimize risk calculations.
  • Perform other job-related duties as assigned.

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

• 10-12 years of experience in a cat modeling role. Experience with RMS products, especially RiskLink, is necessary. AIR product experience would be highly advantageous.
• Good understanding of reinsurance terms and conditions would be highly advantageous.

• Undergraduate-level knowledge of statistical and mathematical concepts required.
• Strong computer skills for using Microsoft Office (Excel, Access), SQL, and VBA.

• Excellent analytical, interpersonal, communication and organizational skills.

Required Candidate profile

SHARE your talent

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

• Qualified Actuarial/ 12 or more exams completed.
• Minimum prior experience of 5+ years working in an insurance and/or actuarial consultancy is required.
• Strong analytical and modelling capabilities with research and problem-solving skills.
• Ability to handle multiple priorities and tight deadlines and be responsible for priorities and deadlines for others.
• Develop and use collaborative relationship to facilitate the accomplishment of working goals.
• Ability to work with minimum supervision and problem solving ability.
• Experience of statistical analysis software or predictive modelling will be an added advantage.
• Ability to work independently or as part of a team.
• Ability to review work of others for accuracy and completeness.
• Innovative and Result Oriented

FIND your future

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 strong 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.

Learn more at axaxl.com

Diversity & Inclusion

We know that a diverse workforce and inclusive culture enable business growth and are critical to our success. That’s why we have made a strategic commitment to attracting and retaining the most diverse workforce possible, while creating a strong, inclusive culture where everyone is welcome and can contribute and reach their highest potential.

Named to the Diversity Best Practices Index – 2017, 2018

Signatory to the CEO Action for Diversity

Signatory to the UK Women in Finance Charter

Twelve Colleague Resource Groups around the Globe

Robust support for Flexible Working Arrangements

Enhanced family friendly leave benefits