Red Bank, NJ, 07701, USA
19 hours ago
Global Head of Professional Lines & Cyber Pricing
This 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. **Global Head of Professional Lines & Cyber Pricing** **Job Family Grouping: Actuarial** **Job Family: Pricing** **How does this role contribute to our collective success?** The pricing team has responsibility for developing consistent, worldwide pricing and portfolio management practices across AXIS, and is primarily responsible for Pricing Models, Case Pricing, New Business Development, Product Monitoring, Portfolio Management, Business Planning, and Price Monitoring. The pricing team interacts extensively with other functions including underwriting, reserving, risk management, capital modelling, and finance. **What will you do in this role?** + This role has direct responsibility for pricing and portfolio management of all Professional Lines & Cyber Insurance and Reinsurance business (GWP~$2.5bn) written across the globe through offices in US, London, Zurich, and Dublin. + This also includes management responsibility for 14 pricing actuaries based in these offices supporting individual business units. + The business includes a broad spread of covers, including Treaty, Commercial D&O, Financial Institutions, E&O, Transactional Liability, and Cyber & Tech. You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role. **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:** + At least 15 years’ experience in an actuarial Professional Lines and Cyber role; strong preference for pricing experience in products and territories that are prominent in AXIS Professional Lines & Cyber portfolio. + Fellow of a relevant actuarial organisation. + Leadership experience in managing teams and responsibility for a function. **What we prefer you to have:** + Strong organisation and leadership skills. Ability to motivate others and bring them along. + Excellent communication and interpersonal skills; able to establish credibility with underwriters, clients, and senior management. + Self-starter, proactive with proven thought leadership. Ability to develop, recommend, and implement new approaches. + Passion for pushing the boundaries of actuarial analysis and tools. Advanced knowledge of pricing techniques used in Professional Lines & Cyber. **Role Factors:** In this role, you will typically be required to: + Lead pricing and portfolio management across Professional Lines & Cyber, with responsibility for pricing models, case pricing, rate monitoring, portfolio monitoring, and business planning. + Define and implement best practice for pricing analysis, pricing metrics, and rate monitoring that is aligned to broader AXIS standards. + Co-chair product councils for Professional Lines and Cyber, along with the Head of Underwriting for each product. Bring together analysis and considerations from different disciplines (underwriting, pricing, reserving, claims, exposure management) to drive portfolio management decisions through the councils, including risk appetite, portfolio construction, expansion into new products and territories, cession strategy, and strategic business plans. + Support wider Professional Lines & Cyber initiatives and projects, and assessment of new opportunities. + Contribute to wider actuarial projects across AXIS as a member of Pricing Leadership Team, including direct responsibility for individual initiatives such as pricing platform, pricing metrics, loss trend, risk appetite, capital allocation, and business planning. **What we offer:** [NON US]: 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 annual leave, and much more. [US]: For this position, we currently expect to offer a base salary in the range of 300 to 350 (NY), [250 to 300 (GA), 300 to 350 (CA)]. 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 and 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. Where this role is based in the United States of America, this role is _[Exempt/Non-Exempt]_ for FLSA purposes.
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