actuarial trainee jobs

What you’ll be doing

What will your essential responsibilities include?

• Performing actuarial analytics at the insurance segment and AXA XL division level to provide insights into emerging trends and to assist with reserve recommendations.
• Evaluation of ongoing profitability of key businesses feeding into regular business reviews to support portfolio management and strategy.
• Support in analysis and preparation of reserves forecasts for the division to give early indication of the expected reported numbers before the half year and full year close.
• Consolidation of the reserve analysis and results performed by the reserving teams across the division.
• Reviewing and challenging the rationalization for material reserve movements and impacts in the quarter.
• Assist with the reporting of analysis and results to the AXA XL Reserve Committees, Board of Directors, AXA Group and other internal/external parties.
• Collaborate with cross-functional teams to provide actuarial insights and recommendations.
• Contribute to the development of the AXA XL business plan each year. This role will include some involvement in the annual business planning exercise including reporting to the AXA XL Division and AXA Group management.
• Research/Learn about new Reserve/Reserve Risk/claims analytics methodologies and develop new & creative solutions to actuarial issues.
• Analysing project requirements to own and deliver projects/initiatives with very high quality.

What you’ll bring

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

• New or nearly qualified actuary with the Institute of Actuaries UK, or recognised equivalent professional body (e.g. CAS).
• Working knowledge of actuarial reserving software such as ResQ and or other programming languages (e.g. SQL) and visualisation tools (e.g. PowerBI).
• Excellent analytical and problem-solving skills with the ability to interpret and present complex data.
• Ability to multi-task and work effectively in a fast-paced team environment.
• Excellent written & verbal skills, including presentation skills.
• Effective project management and leadership capabilities.
• Outstanding computer application skills, specifically Excel and PowerPoint.
• Keen attention to detail.
• Adaptable and keen to learn.
• Team player

What we offer

Inclusion

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

Total Rewards

AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

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.

Who we are

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