(Assistant/Lead) Developer - #1780033

Assistant / Lead Actuarial Developer

London, UK OR Wroclaw, Poland

Pricing Analytics & Models (PAM) is a unit of AXA XL’s insurance division that enables product pricing actuaries and underwriters to harness information, deploy tools, and generate insights that improve portfolio management and increase profitability. The Pricing Models team within PAM works with pricing actuaries to design, build, and implement the algorithms that underpin premium calculations for the company’s global casualty, professional, property, and speciality lines. The Pricing Models team brings a special combination of actuarial expertise, technical knowledge, and coding skills necessary to engineer, maintain, and enhance those algorithms.

AXA XL is currently in the middle of a multi-year transformation initiative that will streamline and upgrade workflows across the enterprise. At the heart of that initiative is the creation of a cloud-based platform for developing models and delivering everyday analytics. With this new platform, AXA XL will improve the consistency, performance, and accuracy of its pricing tools. Our Pricing Models Developers are crucial contributors to this project - from shaping the technical plans for the new platform to defining the model code base to establishing the best practices for software development and model building across product lines, business units, and regions.

What You’ll Be DOING

What will your essential responsibilities include?

• Establish and support a new platform and development framework for pricing models that will: (a) incorporate developing reusable components such as a standardised user interface and common APIs; (b) enable consistent data capture across product lines, business units, and regions; and (c) define and enforce effective model versioning
• Ensure that the pricing platform enables faster development of scalable models by a wide group of developers within Pricing & Analytics;
• Increase the ability of model developers and pricing actuaries to quickly and easily recalibrate pricing algorithms in response to portfolio performance, changes in market condition, or the discovery of new risk factors;
• Provide the expertise necessary to establish technical and operational integrations between pricing tools and other internal systems, including connections to third-party data services;
• Create technical documentation and deliver training for pricing actuaries to enable them to develop their own models and tools in accordance with company standards and industry best practices;
• Establish and leverage a strong network of relationships with operations and underwriting colleagues to ensure successful design, deployment, and adoption of pricing tools;
• Identify and implement enhancements to pricing models and tools that improve performance and user experience;
• Collaborate with information technology teams to provide day-to-day support for existing pricing tools and databases; and
• Support migration of existing pricing models to the new platform.
  
  

You will report to the Head of Pricing Models.

What You Will BRING

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

Required Skills And Abilities

• Experience in non-life insurance pricing;
• Experience and advanced technical aptitude with common programming languages for actuaries and analytics (e.g., SQL, VBA, R, Python);
• Proven ability to work with global, multi-disciplinary teams, including information technology staff;
• Excellent communications skills, written and oral, with the proven ability to explain technical concepts to non-technical audiences;
• A diligent, detail-oriented, collaborative, and collegial approach to project execution;
• A demonstrated passion for innovation and utilising new technologies; and
• A bachelor’s degree, preferably in mathematics, statistics, actuarial science, or computer science.
  
  

Desired Skills And Abilities

• Knowledge of core actuarial concepts;
• Experience with the development of pricing models for commercial insurance;
• Knowledge of best practices for enterprise software development (e.g., coding principles and optimisation, testing methods, version control, etc.);
• Experience with modern information technology infrastructure for analytics (e.g., cloud services, Databricks, etc.);
• Experience with the execution of a large-scale, corporate transformation or information technology project; and
• Experience as a manager of a team of consultants, technical experts, or other analytics professionals.
  
  

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

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.