Associate, Reinsurance Pricing

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.

Industries: Financial Services, Insurance, Investment Banking