Head of Pricing - Portfolio Solutions, UK & Lloyds

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Head of Pricing - Portfolio Solutions, UK & Lloyd's

London, UK

AXA XL UK & Lloyd's are embarking on an exciting journey to create a new team focused on the efficient and technically smart underwriting of specialty business. In this newly established role, as the Actuary for our algorithmic underwriting team, you will be responsible for taking a leading role in developing, establishing and running the portfolio management process to effectively monitor the smart underwritten portfolio, and effect changes to the underwriting of it as needed. The role will be a major contributor in developing the strategic and operational plan for future enhancements for portfolio optimization, portfolio oversight and processes. An exciting and creative role that will suit those with an innovative and entrepreneurial mind set.

DISCOVER your opportunity

What will your essential responsibilities include?

• Lead the development of portfolio and pricing tools to effectively build the diversified portfolio structure to deliver sustainable profit over the market cycle, ensuring accuracy and compliance with internal and regulatory standards
• Opportunity Evaluation: evaluate potential business opportunities from a pricing perspective, employing advanced actuarial techniques and methodologies
• In collaboration with Innovation, Data and Analytics explore and implement, new and 'smart' methodologies to optimize the follow portfolio and algorithms/models to support pre-bind risk selection
• Collaborate with the existing product pricing teams to ensure consistency in approach and evaluation across the organisation
• Broker platform integration: programming risk appetite parameters into broker platforms, ensuring seamless integration and alignment with organisational objectives
• Business Planning: in close collaboration with the Head of Portfolio Underwriting, development of the AXA XL business plan each year.

You will report to the Strategy Director, UK&L.

SHARE your talent

SHARE your talent

We're looking for someone who has these abilities and skills:

• Actuarial Experience: Expected to have relevant experience within the non-life insurance Industry, with a significant focus on pricing, ideally across a multitude of products. A track record which demonstrates development of leadership capabilities as well as the ability to ensure timely delivery under pressure is absolutely essential.
• Established analytical skills
• Planning & Organisation: An ability to manage multiple conflicting tasks and outputs. Able to plan long term deliverables and ensure tasks are planned and completed accordingly and that any delays or complications are communicated early and resolved appropriately.
• Effective Communication: Excellent verbal and written communication, collaboration and presentation skills. Must have the ability to communicate even negative or difficult messages in a constructive and effective manner at all levels.
• Business Partnering: Able to demonstrate an in-depth knowledge of the actuarial process, as well as translate actuarial output to stakeholders.
• Strategic Thinking and Tactical Implementation: Ability to invent, design and build solutions.
• Actuarial expertise across various insurance classes and portfolio business to provide strategic insights and recommendations
• A 'hands on' actuary who will need to take on a breadth of responsibilities as the team scales
• Ability to challenge the status quo, and build suitable case for change when introducing new methodologies to the company

FIND your future

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

Inclusion & Diversity

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 a diverse workforce enable business growth and are critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can 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.

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