Pricing Analyst, Cyber

AXIS Capital; City of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global insurance provider is seeking a Pricing Analyst for their Cyber insurance team in London. This role involves supporting the Cyber insurance portfolio and working closely with the pricing and underwriting teams. Ideal candidates will have actuarial experience, Excel expertise, and skills in data manipulation. The position offers a competitive salary and a comprehensive benefits package including medical plans and retirement options.

Benefits

Medical plans for employees and families

Health and wellness programs

Retirement plans

Tuition reimbursement

Paid vacation

Qualifications

• Experience in a pricing actuarial role, preferably with a specialty commercial background.
• Ability to build relationships with underwriters, actuaries, and colleagues.
• Growth mind-set with a desire to seek diverse thought and learn from others.

Responsibilities

• Complete monthly and quarterly reporting processes, including renewal rate monitoring.
• Work closely with underwriters to develop and maintain rating models.
• Support selection of loss ratios considering business strategies and market conditions.

Skills

Excel expertise

Ability to manipulate complex datasets (VBA, SQL, R, Python)

Strong interpersonal skills

Time management skills

Education

Experience in a pricing actuarial role

3 or more actuarial exams passed

Job description

Pricing Analyst, Cyber page is loaded## Pricing Analyst, Cyberlocations: London - Scalpeltime type: Full timeposted on: Posted Todayjob requisition id: REQ06198This 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.All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.Pricing Analyst, Cyber Cyber Pricing Actuarial As a pricing analyst for the AXIS Global Cyber insurance team, this individual will support the Cyber insurance book. They will proactively engage with the broader Cyber Pricing team, Underwriting, and Data & Analytics colleagues to monitor the Global Cyber portfolio and implement new pricing initiatives. • Complete monthly and quarterly reporting processes, including renewal rate monitoring and premium adequacy • Work closely with underwriters and wider pricing team to scope, build, develop, document and maintain rating models • Contribute to portfolio monitoring analyses, work closely with underwriters to identify issues, discuss opportunities, assist in the development of action plans and monitor the impact on the book of business • Support selection of loss ratios in the financial plan, with consideration of business strategies, market conditions, mix of business, loss trend, loss costs and reinsurance structures • Assist the Cyber Pricing team in establishing and maintaining tracking and monitoring processes to identify and communicate key insight emergence • Be a point of contact for the UK Cyber Insurance Underwriting team with AdHoc requests including (but not limited to) account pricing, rating model support, KPI summaries, etc • Assist with initiatives to streamline and automate reporting, including quarterly loss ratio analyses, monthly rate adequacy metrics, KPI dashboards About You: We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals. What you need to have: • Experience in a pricing actuarial role, specialty commercial background highly desired. • Excel expertise. • Ability to manipulate complex datasets using tools such as VBA, SQL, R, or Python. • Strong interpersonal and time management skills. The ability to build relationships with underwriters, actuaries and other colleagues. • Growth mind-set with a desire to seek diverse thought, learn from others and share knowledge. What we prefer you to have: • Experience building pricing models. • Experience leading projects. • 3 or more actuarial exams passed. • Experience with Cyber as a line of business. Role Factors: • None What we offer: Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location. In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate performance and your individual performance. On top of this, you will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.Rewarding. Challenging. Meaningful.We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry.Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.