Specialist, Multinational Solutions Pricing

Axa Equitable Life Insurance Company
Exton, United States of America
14 days ago

Role details

Contract type
Permanent contract
Employment type
Full-time (> 32 hours)
Working hours
Regular working hours
Languages
English
Compensation
$ 149K

Job location

Exton, United States of America

Tech stack

Data analysis
Computer Programming
R
Python
SQL Databases

Job description

In this role you will be a part of the North America Property actuarial pricing team. You will be involved in various pricing-related activities and have exposure to several teams including Actuarial, Underwriting, Operations, and Finance through individual account pricing, pricing model support, and portfolio reports with focus on Multinational Solutions., * You will work closely with North American underwriters, management and senior actuarial colleagues in North America and Europe as part of a global team, while serving as the primary contact for the Incoming Property underwriting team.

  • Understand how global programs are priced and booked, and propose improvements to reported metrics
  • Support rating algorithm reviews, development, testing, documentation and maintenance.
  • Providing guidance for underwriters in the effective use of pricing models.
  • Individual account pricing - calculating technical premiums and other key metrics and communicating the results to underwriters.
  • Designing and producing management information to assist underwriters and the management team.
  • Ensure efficiency of pricing processes.
  • Assist in rate filings as needed
  • Auditing and, where appropriate, challenging the rate change and profitability metrics being recorded.

You will report to a qualified actuary in the North America Property Pricing Team.

Requirements

  • Experience with non-life insurance pricing preferably Property Pricing
  • Bachelor Degree in Actuarial Science, Mathematics, Applied Math, Statistics, or related field.
  • Making progress through actuarial exams with intention to qualify (iFoA or CAS)
  • Excellent written and verbal communication skills, with the ability to clearly explain complex topics to diverse audiences.
  • Demonstrates effective communication and collaboration skills.
  • Motivated to take on small responsibilities and contribute to projects. Eager to develop leadership skills by supporting team efforts and taking initiative when possible.
  • Coding experience in languages such as Python, R, and SQL, used for data analysis, developing tools, and automating processes.

Desired Skills and Abilities:

  • Ability to manage stakeholder interactions, proactively anticipating and addressing their needs.
  • Takes ownership of complex tasks, consistently aiming for excellence in outputs. Demonstrates a growth mindset by actively seeking feedback, learning from experiences, and pushing for ongoing professional development in pricing and actuarial principles.
  • Motivated to learn and work with others. Participate actively in team activities to support colleagues, and work towards shared goals. Open to collaboration and willing to learn from others.
  • Enthusiastic about learning how to identify areas for improvement. Supportive in suggesting ideas and assisting in implementing small changes to help improve processes and make work more efficient. Open to feedback and eager to develop these skills.

Benefits & conditions

3.93.9 out of 5 stars Exton, PA 19341 $89,400 - $148,600 a year, Pulled from the full job description

  • Retirement plan
  • Life insurance
  • Matching gift program

About the company

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 What we OFFER Inclusion 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 enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and 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 Inclusion & Diversity at AXA XL | AXA XL. AXA XL is an Equal Opportunity Employer. Total Rewards AXA XL's Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do. We're committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence. 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.

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