What are the responsibilities and job description for the Casualty Reserving Actuary position at Axis Capital?
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.
How does this role contribute to our collective success?
As a member of the AXIS actuarial reserving team, you will play a crucial role in analyzing one of the company's largest and riskiest liabilities : casualty loss reserves. You will be exposed to a wide variety of insurance products and actuarial reserving techniques. Your expertise will enhance our team's ability to leverage individual claim and policy data, implementing advanced actuarial methods to swiftly identify and respond to changing market dynamics.
What will you do in this role?
Quarterly Reserving
- You conduct comprehensive quarterly reserving analyses for the Casualty segment. You develop and maintain models to project ultimate losses and present findings to management.
- You engage in ad-hoc reserve and profitability studies on specific lines of business. Analyze underwriting and claim trends, shifts in business mix, changes in limits or retentions, and examine loss development patterns.
- You support the selection of plan loss ratios by evaluating historical experience, loss trend and rate change, working closely with pricing actuaries and underwriting teams
Claims Analytics
Finance / Corporate Support
Important Working Relationships
You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
About You :
We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
What you need to have :
What we prefer you to have :
Role Factors :
Follow the corporate and team guidance on in-office attendance. Our group currently targets 2-3 days per week on average.
What we offer :
For this position, we currently expect to offer a base salary in the range of $140k to $175k (NY), $125k-$160k (IL), $115k to $145k (GA). Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location.
In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, you will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.
Where this role is based in the United States of America, this role is Exempt for FLSA purposes.
Salary : $115,000 - $145,000
