Pricing Actuary

Job Description:
**Pricing Actuary - Reinsurance (80-100%)**

Zurich, Switzerland

Reporting to the Head of Global Lines (International Re), the role will make an important contribution to AXA XL's treaty pricing capabilities. You will be a pro-active team player, who is eager to continue to develop their skills, and who possesses compelling communication and technical skills.

** What you’ll be DOING**

What will your essential responsibilities include?
- Integral part of International Reinsurance Pricing and Analytics team, working actively within a cross-functional team, particularly with the Credit and Surety underwriters, who are based in Zurich, and other pricing team members around the world.
- Partner closely with the Credit & Surety underwriters. You will have responsibility for leading the development of the pricing and analytics tools required to support AXA XL Re’s Credit & Surety portfolio.
- Advise Credit & Surety underwriters with treaty review/analysis during the renewals, either by carrying out the pricing directly or ensuring that the pricing is carried out using approved pricing models appropriately, depending on the complexity of the business and the guidelines in force for that sub-line of business.
- Partner with underwriters in the production of the monthly and quarterly exposure aggregate management reports for Credit reinsurance (including an analysis of exposure movements); also responsible for the annual parameterisation of relevant underwriting risk for the purposes of capital management.
- Excellent and ongoing communication with all members of the Credit & Surety underwriting team is essential for the success of the role. Working with the underwriters, you will also need to liaise with AXA XL’s risk management functions and members of the capital management team.
- Develop consistency of approach, and lead pricing improvements. To that end, you will conduct ad hoc research and project work to furnish the underwriting team with analytical insight and help them make informed decisions.
- Design, produce and continually improve management information to assist underwriters and the management team.
- Responsible for actuarial elements of the business/strategic planning process relating to Credit & Surety.
- Coordinate with other actuaries in the International region in providing actuarial support across the various regional offices. Also work with actuaries in other regions on Reinsurance Segment projects where relevant.
- Liaise with the actuarial reserving team, in conjunction with the Credit & Surety underwriters, to ensure the flow of information is seamless. You will understand the importance of the actuarial control cycle.

** What you will BRING**

We’re looking for someone who has these abilities and skills:
**Required Skills and Abilities**:

- Qualified actuary - FIA, FCAS or equivalent qualification from recognised actuarial association, with some years’ of post qualified actuarial experience.
- Prior experience in actuarial pricing, preferably including reinsurance treaty pricing; familiarity with credit pricing, capital allocation (e.g., probability of default, loss given default, credit ratings) and robust willingness to develop technical knowledge in these areas.
- Effective communicator, able to clearly present ideas and complex topics to diverse audiences, including team members and senior stakeholders.
- Team-oriented, quick learner, highly motivated, adaptable, and capable of building effective relationships across cultures and backgrounds.
- Excellent in spoken and written English. Additional European languages would be a plus.
- Proficient in coding languages such as VBA, R, Python, or SQL, with effective Excel and Microsoft Office skills.
- Interest in financial markets, economics, and current affairs; basic knowledge of corporate bond pricing, “first-to-default” concepts, and credit correlation is advantageous.
- Meticulous attention to detail, with the ability to manipulate and validate data accurately and identify inconsistencies.
- Creative problem-solver, able to identify business needs and design appropriate solutions with a proactive ‘can-do’ attitude.
- Outstanding organisational skills, able to take ownership, prioritise tasks, and meet tight deadlines.
- Able to travel from time to time.

** Who WE are**

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.

**What we OFFER**

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