Portfolio Management Actuary - London, United Kingdom - AXIS Insurance

AXIS Insurance

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

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.

Summary

This role is to support the CUO Office with monitoring and managing enterprise underwriting performance, including sharing best practice and knowledge across underwriting and key support functions.

This is a non-traditional strategic role for a nearly qualified or qualified actuary and reports to the Head of Underwriting Performance.

Key responsibilities include:

Design and develop all aspects of the underwriting performance management framework.
Support the underwriting planning process. Review plans and identify opportunities to further optimise the enterprise portfolio.
Coordinate and contribute to the production of MI to enable effective gross and ceded performance monitoring and support agile decision making
Design sophisticated MI and performance monitoring capabilities
Establish consistent methods of assessing performance
Identify and analyse trends in key performance indicators, including technical analysis of historical experience
Work with the Data team to ensure complete, accurate and up to date information is available as required.
Monitor market cycles, competitor dynamics and changing risk landscapes.
Perform detailed market profitability studies making use of publicly available information, including financial statements and market publications.
Review competitor performance and analyse the key characteristics of top performers.
Evaluate external market data and analytics platforms. Engage with business partners and service providers to enhance data and reports.
Identify attractive opportunities to enhance the AXIS portfolio through both optimization of existing business units and growth into new products.
Manage detailed reviews of potential optimization / growth opportunities, consulting with experts from within AXIS and externally.
Take part in deep dive reviews in conjunction with other functions of lines that need remediation.
Perform other adhoc analyses as required to support portfolio management activities.
Contribute to the communication of conclusions of analyses to underwriting leads and senior management.

Required Qualifications and Experience:

Experience in and perspective on best practices for underwriting performance, strategy development, business planning and risk appetites.

Other Desired Skills & Characteristics:

Familiarity with pricing, portfolio and capital modelling techniques is preferred but not essential.
Experience developing data strategies for performance management and portfolio steering / planning would be a plus.
Strong technical skills and attention to detail.
Highly computer literate, able to use spreadsheets, databases and learn the use of new systems.
Capable of developing and maintaining effective crossfunctional relationships at all levels.
Excellent verbal and written communication skills
Ability to plan effectively and prioritise workload.
Ability to work independently.