- Actuary/Senior Actuary Hamilton
- AXA XL in Hamilton, ON , Canada
- jobs
- 1 month ago
jobs description
Actuary/Senior Actuary, Reinsurance Pricing
Hamilton, Bermuda
We are looking for a motivated and capable Senior Actuary to work in our Bermuda Reinsurance pricing team. Working alongside other team members, the role will support underwriting, reserving, risk management, and finance in Bermuda, and contribute to global segment initiatives. The ideal candidate will have a well-rounded mix of technical abilities, interpersonal skills, and commercial awareness, allowing them to not just price complex reinsurance contracts, but also to build relationships, deliver projects, and communicate insights that will help shape the portfolio and influence our strategic direction.
DISCOVER your opportunity
What will your essential responsibilities include?
• Taking a lead role in pricing, as a trusted partner to underwriters across a wide range of lines of business. This will involve carrying out pricing directly, using proprietary pricing models, and reviewing the work of others. This will often be done without direct supervision or support, and so will require depth of technical knowledge, clear communication, and comfort in leading others through the process.
• Working with underwriters and other actuaries to refine pricing assumptions and techniques in advance of renewal periods.
• Developing and maintaining pricing models, including in Excel and Python, either as part of the wider reinsurance segment, or on regional projects.
• Assisting with work on the actuarial elements of the business planning process and assisting risk management with underwriting risk parameterization.
• Monitoring natural catastrophe exposures and man-made accumulations across the portfolio and producing reports on these as required.
• Assisting with the quarterly reserving process through analysis and review of accounts and feeding findings back into pricing analyses.
• Contributing to other ad-hoc work assigned to the actuarial team.
• Mentoring and assisting junior members of the actuarial team and coordinating and reviewing their work on various projects.
You will report to the Head of Pricing & Analytics, Bermuda.
SHARE your talent
We’re looking for someone who has these abilities and skills:
• Qualified Fellow of the Institute and Faculty of Actuaries or Casualty Actuarial Society (or equivalent).
• Minimum 7 years of industry experience in (re)insurance, and a resulting deep understanding of the (re)insurance market and its pricing practices.Reinsurance pricing experience in Property, Marine & Energy preferred.
• Expert proficiency in Excel and other MS Office applications, and experience of manipulating large datasets in SQL.
• Proficiency in coding languages such as R or Python
• Demonstrable aptitude and appetite for independently solving new and sometimes unexpected problems.
• High attention to detail, and hence rigorous and accurate work.
• Desire to continuously learn and improve over time.
• A proactive and adaptable approach to organizing, planning, and keeping on top of multiple priorities, in order to meet deadlines.
• Ability to simplify complex concepts, and communicate them clearly and confidently to others, both verbally and in writing.
• A proven eye for making things simpler, quicker, and more efficient where possible.
• An openness to challenge (both ways), and the ability to help a group to reach a consensus.
• Robust interpersonal skills, to build productive relationships with individuals on all levels, including remotely across time zones.
• Ability to organize and influence a group of colleagues to achieve results, and to adapt communication approaches to varying situations.
• Drive to continuously initiate improvements and new ideas.
• Scope to quickly attain expert technical and industry knowledge in various key areas, and ability to draw on this to suggest enhancements to pricing approaches.
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 comprehensive 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
Inclusion & Diversity
AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.
At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.
• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe
• Robust support for Flexible Working Arrangements
• Enhanced family friendly leave benefits
• Named to the Diversity Best Practices Index
• Signatory to the UK Women in Finance Charter
Learn more at axaxl.com/about-us/inclusion-and-diversity . AXA XL is an Equal Opportunity Employer.
Sustainability
At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience,” focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
Our Pillars
• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• Addressing climate change: The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
• Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• AXA Hearts in Action : We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.
For more information, please see Sustainability at AXA XL .
Flexible Work Eligible
None
AXA XL is an Equal Opportunity Employer.
Location
BM-BM-Hamilton
Job Field
Actuarial
Schedule
Full-time
Job Type
Standard
Hamilton ON Canada