Associate, Reinsurance Pricing
22 hours ago
AXA XL is looking for talented individuals to support our business across all product lines and geographies. This is an exciting opportunity to be part of a dynamic, global business. DISCOVER your opportunity What will your essential responsibilities include? ·Gather and interpret information from clients, brokers, and underwriters. ·Work with our customers to understand exposures, review modeling results, explain modeling limitations and resolve issues promptly. ·Model catastrophe reinsurance structures and strategies using primarily RMS (Risk Browser & Risk Link) and other vendors to support actuarial/underwriting functions primarily serving Facultative Reinsurance lines. ·Assess the data quality and make necessary assumptions for modeling.Create reports for client exposure and modeled losses. ·Support our other reinsurance groups, analyzing both individual risk and portfolio level risk where required. ·Collate data for various business units to prepare for Fac portfolio aggregation, apply or update policy terms based on endorsement or slips. ·Preparing the monthly\quarterly aggregation reports, building out in-force portfolios and providing the corresponding loss distributions by peril/region. ·Support projects that improve our function such as model validation, tool development, and data mining. ·Develop processes & scripts to facilitate data transfers and optimize risk calculations. ·Perform other job-related duties as assigned. You will report to Senior Specialist, Reinsurance Pricing. SHARE your talent We’re looking for someone who has these abilities and skills: Required Skills and Abilities: ·Relevant years of experience in a cat modeling role. Experience with RMS products, especially RiskLink & Risk browser is necessary.AIR products experience preferred, but not required. ·Undergraduate-level knowledge of statistical and mathematical concepts required. ·Excellent computer skills for using Microsoft Office (Excel, Access), SQL, and VBA. ·Should be deadline driven and have ability to work under pressure. ·Good analytical, interpersonal, communication and organizational skills. Desired Skills and Abilities: ·Understanding of reinsurance terms and conditions preferred but not required. ·Ability to work with large amount of data, complex instructions, multiple exceptions, and layered categorizations. 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. Inclusion & Diversity
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