Singapore
Our Pricing Team is involved in a wide variety of projects, including pricing large and complex accounts, analyzing and advising on delegated authority portfolios, creating and developing pricing tools and wider projects such as portfolio management and planning. Our everyday involvement throughout the markets we support helps us influence and shape the performance of the business.
Working as part of a global team you will work with Underwriters, management and senior actuarial team members on a daily basis
What You'll Be DOING
What will your essential responsibilities include
- Estimate technical premiums with the underwriters on individual insureds
- Create new or update existing rating models for delegated authority portfolios
- Research validity of assumptions within global pricing models and updating parameter analysis.
- Provide challenge on reserving assumptions, methodology and results to improve the accuracy of reserves
- Design and produce management information to assist underwriters and the management team
- Assist with producing recommendations for the base loss ratio as part of the business/strategic planning exercises
- Audit the rate change and profitability measures being recorded
- Provision of data for external regulator and actuarial review for capital setting and valuation purposes
- Assist with quarterly monitoring process of delegated authority portfolio, produce summaries for underwriters
- Assist with development of enhanced natural catastrophe pricing methodologies
You will report to the Head of Pricing, APAC.
What You Will BRING
We're looking for someone who has these abilities and skills:
- Previous experience of non-life insurance pricing, particularly in P&C lines
- Working knowledge of programming in SQL, R or Python, VBA
- Familiar with data visualization tool such as Power BI
- Good written and verbal communication skills
- Ability to collaborate across teams
- Good organizational skills and ability to plan and prioritise a busy workload
- Enthusiastic individual who is detail oriented, and keen to learn and develop
- making good progress through actuarial exams with intention to qualify
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.
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 axaxl.com/about-us/inclusion-and-diversity. 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.
For more information, please see axaxl.com/sustainability.
