Cyber Pricing Specialist

Join our dynamic Cyber Pricing team as a Specialist, where you will play a pivotal role in shaping the future of cyber insurance solutions. This is an exciting opportunity to work within a global team dedicated to the innovative development, build, and maintenance of rating tools and pricing strategies.

We are seeking a nearly qualified actuary with a statistical background, some experience in model development, and excellent interpersonal skills to support the ongoing enhancement of our pricing models and processes.

What will your essential responsibilities include?

• Support the continuous improvement of our rating tools by integrating new data sources, algorithms, and technologies.
• Support the annual calibration of our pricing algorithm, including impact analysis and communicating proposed changes—leveraging portfolio insights from internal and external sources, feedback from underwriters, and targets based on profitability studies.
• Drive consistency in pricing across segments by generating pricing grids and supporting case pricing reviews.
• Support the training of underwriters in the usage of their pricing tools and handle queries from users to ensure effective adoption.
• Maintain comprehensive documentation of pricing tools, processes, and best practices to support transparency and knowledge sharing across teams.
• Support portfolio management via analytics, deep dives, and ad hoc analysis to improve profitability
• Provide pricing and analytical support for key business decisions such as loss ratio planning, short and long term pricing/segmentation strategies and reinsurance purchasing
• Provide case pricing support to underwriters for unique and/or large accounts

You will report to the Head of Pricing, Cyber.

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

• Proven technical and analytical skills, with a focus on model building, calibration, and maintenance.
• Experience in property and casualty insurance, with exposure to pricing models and tools.
• Proficiency in coding languages such as VBA, SQL, R, and/or Python to support model development and automation.
• Influential interpersonal, presentation, and written communication skills; multilingual abilities are advantageous.
• Excellent organisational and time management skills, with the ability to lead projects and coordinate across teams.
• Effective collaboration skills, supporting training and knowledge sharing within global teams.
• Progression through actuarial exams, with an emphasis on nearing full qualification and active involvement in model calibration and review processes.

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  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…