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Actuarial Associate

Posted 4 days ago

axaEast Boston (MA)

SENIORITY

Senior

SALARY

$89,400 – $148,600

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About the role

Middle Market Actuarial Pricing Team MemberIn this role, you will be a part of the North America Middle Market actuarial pricing team, supporting and leading initiatives that drive pricing strategy, portfolio profitability, and business growth. You will partner closely with actuarial and underwriting leaders to influence pricing decisions, develop analytical solutions, and advance pricing capabilities across the Middle Market portfolio. As part of the Middle Market Pricing team, you'll gain exposure to a broad range of pricing, profitability, and portfolio management initiatives while helping drive analytical insights that support business results. This exposure may include: Leading pricing analyses and supporting pricing strategy development alongside underwriting and actuarial leaders to drive profitable growth across AXA XL's Middle Market portfolio Delivering actuarial analyses and pricing recommendations for individual accounts, portfolio management, and business planning decisions Monitoring portfolio performance, rate adequacy, pricing effectiveness, and profitability trends to identify opportunities and emerging risks Analyzing business results across industries, geographies, and customer segments to support underwriting strategy, growth initiatives, and renewal actions Leading the development, enhancement, and governance of pricing models, rating tools, and segmentation approaches that improve pricing accuracy and business outcomes Performing loss, claims, trend, and competitive market analyses to generate actionable insights and support pricing decisions Mentoring junior analysts through technical guidance, peer review, and collaborative project execution Presenting analytical findings and recommendations to underwriting, actuarial, and business leaders to influence pricing and portfolio management decisions You will report to a qualified actuary on the Insurance North America Middle Market Pricing and Analytics team.
What you will bring:
  • Extensive actuarial, insurance, data analytics, or related analytical experience
  • Bachelor's degree in actuarial science, Mathematics, Applied Math, Statistics, or related quantitative field
  • Near ACAS designation or recently attained ACAS credential, with a demonstrated commitment to continued professional development
  • Experience using Python, R, SQL, or similar analytical tools to analyze data, automate processes, and develop insights
  • Robust analytical, problem-solving, and critical thinking skills
  • Ability to communicate technical concepts and recommendations effectively to both technical and non-technical audiences
  • Collaborative team player with proven organizational and time management abilities
  • Intellectual curiosity, demonstrated initiative, and a commitment to continuous learning and improvement
  • Attention to detail and a focus on producing high-quality work with integrity
  • Demonstrated ability to work without supervision, manage projects, prioritize competing business needs, and influence decisions through analytical insights
  • Experience collaborating with underwriting, product, or business stakeholders to translate analytical findings into actionable business recommendations
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. 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 Inclusion & Diversity at AXA XL | AXA XL. 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 enterprising 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. 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. Applicants for this role must be legally authorized to work in the United States without sponsorship now or in the future. The U.S. base salary range for this position is USD $89,400 – $148,600 Actual pay will be determined based upon the individual's skills, experience and location. We strive for market alignment and internal equity with our colleagues' pay.

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