About the Role
This position involves supporting and coordinating the actuarial regulatory requirements for the Lloyd's syndicates within the AXIS Group. This role supports the team’s broader goal of protecting strong relationships with the regulator and ensuring AXIS can collectively meet its growth initiatives in a capital efficient manner. A key part of the role will be delivering data-driven insights and developing comprehensive reports and presentations ensuring regulatory compliance and enhancing decision-making processes. This is a role within a large organisation providing the right candidate the opportunity to develop and grow.
Responsibilities
- Day to day management of ensuring all regulatory requirements and filings are made for the Lloyd's syndicate and/or the PRA.
- Peer review of assumptions and projections from a legal entity perspective.
- Manage the calculation of the technical provisions and standard formula for Solvency II and other regulatory reserving bases including UK GAAP.
- Work closely with the capital modelling team on production of the bi-annual capital submissions to Lloyd's.
- Work with pricing and FP&A to produce the Lloyd's SBF submission ensuring the assumptions made are consistent with those being used elsewhere in the Group.
- Liaise with external consultants in coordinating the provision of actuarial opinions and reports.
- Assist in the main GAAP reserving exercise and other related projects where required.
- Assist in communicating results to the Syndicate Executive Committee and Board.
- Support the capabilities and operation of the Syndicate Actuarial Function including identifying where enhancements and efficiencies can be deployed particularly around data, calculation and reporting processes.
- Take on additional duties, responsibilities and activities appropriate to the nature of this role.
Requirements
- Bachelor’s degree or equivalent experience.
- Industry experience ideally with a Lloyd's background in reserving, capital, or modelling roles.
- Qualified/near qualified as a Fellow of the Institute and Faculty of Actuaries, or equivalent.
- Strong communication and interpersonal skills.
- Self-starter, proactive and prepared to operate autonomously.
- Ability to develop, recommend and implement new approaches.
- Excellent organizational skills and a strong attention to detail.
- Ability to work occasional extended hours as required.
Skills
- Excel
- SQL Server
- VBA
- ResQ
- PowerBI
- Oracle
Location
- Lloyd's market
Work Type
- Hybrid
Experience Level
- Intermediate to advanced
Education Level
- Bachelor’s degree
- Fellow of the Institute and Faculty of Actuaries
Benefits
- Medical plans for you and your family
- Health and wellness programs
- Retirement plans
- Tuition reimbursement
- Paid annual leave
About the Company
- AXIS Capital is 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.
- AXIS Managing Agency is a top 10 player in the Lloyd’s market.
- It is also the largest platform for writing business within the AXIS Group.
Equal Opportunity
- All qualified applicants will receive consideration for employment without regard to any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern its operations.
