Corporate Reserving Actuary

Company Details

AXIS Insurance

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.
At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.
All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.
GENERAL DESCRIPTION:
Reporting into the Corporate Reserving lead, this position will provide actuarial support for the Corporate Reserving team, coordinating the quarterly reserving process for the AXIS Group and liaising with various Product and Corporate functions. The Corporate Reserving team will support various reserving areas including our Product Line and Regulatory teams and will have exposure to all lines of business written by AXIS. This role will be a primary contributor to efforts focused on improving our existing reserving processes and platforms including tool enhancements, expansion, and redesign.
KEY DUTIES & RESPONSIBILITIES:
Reserving
  • Assist in producing the AXIS quarterly reserving estimates.
  • Assist with the peer review of the Product Line quarterly reserve analyses and validation of the selected actuarial estimates.
  • Assist with the peer review and validation of key actuarial assumptions and methods.
  • Coordinate reserve meetings for the quarterly reserving process.
  • Review the existing suite of AXIS reserving tools and identify opportunities for enhancement including possibly shifting from the status quo to future state platforms.
  • Partner with IT to design and implement enhancement plans and act as a first point of contact for review and testing of IT supported solutions.
Other
  • Perform additional project work including deep dives of specific lines of business.
  • Assist in the annual Planning exercise, liaising closely with Pricing and Risk Functions.
  • Provide support for other Group Functions (Finance, Risk, Investments) as required.
REQUIRED EDUCATION/TRAINING & EXPERIENCE:
A person in this position should meet the following requirements:
  • Bachelor’s degree or equivalent experience
  • At least five years of industry experience with an insurance, reinsurance, or consulting background in reserving, pricing, or modeling roles.
  • Nearly qualified or qualified as a Fellow of the Casualty Actuarial Society, Fellow of the Institute and Faculty of Actuaries, or equivalent.
OTHER DESIRED SKILLS & CHARACTERISTICS:
  • Experience with management information systems is a plus (e.g., database and application development).
  • Intermediate to advanced Excel, SQL Server, VBA capabilities; additional experience with ResQ, Tableau, and/or Oracle or similar applications is a plus.
  • Strong communication and interpersonal skills.
  • Ability to work occasional extended hours and travel on business as required.
  • Excellent organizational skills and a strong attention to detail.

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