Trainee Actuary (Pricing & Underwriting)

Job title: Trainee Actuary (Pricing & Underwriting)

Company: AXA


Job description: We are recruiting an Actuarial Trainee (graduate or part qualified) to join our Pricing & Underwriting Function at AXA Ireland. This is an excellent opportunity to join a team responsible for achieving overall financial targets for all classes of business / channels / territories written by AXA Ireland.At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team, and our customers. You’ll work at least 40% of your week away from home, moving to the majority of your working week from September 2025. Away from home means either attendance at one of our office locations, visiting clients or attending industry events.Working in the team you will provide reporting, insights, and analytical solutions which will shape and drive AXA’s new initiatives within Portfolio Management areas. You will work in a team of Actuaries, data scientists, analysts, and engineers, while your main responsibilities will include:

  • Production of the monthly rate adequacy process which looks at account performance to help drive the company’s strategic direction. This includes:

o Production of pricing data and reports.o Maintenance and development of reporting to meet business needs.o Monitoring of account profitability versus target.o Analysis of premium and business volumes to inform future projections.o Assessing and analysing emerging claims experience to help inform the business.o Incorporation of latest expense information to ensure profitability is reflective of current environment.o Monitoring of mix to ensure portfolio is aligned with strategic objectives.

  • Working with finance and actuarial function to inform the strategic planning process.
  • Monitoring and production of KPIs across the portfolio
  • Derive and share profitability insights and analysis with stakeholders across the business.
  • Attending account review meetings to understand and help shape performance.
  • Provision of data to external/internal customers on request.
  • Is flexible within the role and prepared to undertake other duties as assigned by line manager from time to time.

Qualifications

  • Partially qualified Actuary with the Institute of Actuaries (or equivalent) OR minimum graduate level (actuarial 3rd level course or 3rd level degree in statistics / mathematics/ Data Science)
  • Strong knowledge of all tasks relating to area e.g. embedding, rate adequacy, rating changes, risk modelling, propensity modelling, account performance.
  • Experience using R, SAS, Excel, and PowerPoint.
  • Understanding of the general insurance market with regards to both Retail and Commercial.
  • Flexible with approach to problems to help develop and create reporting to align with business needs.
  • Strong work ethic with the ability to balance work demands & study for actuarial exams.
  • Awareness of the overall compliance to Health & Safety, IT Security and all legislation/compliance aligned to AXAs standard.
  • Good written and oral communication skills with the ability to communicate clearly and concisely to both a technical and non-technical audience.
  • Able to apply analytical problem solving, make recommendations, and implement improvements continuously in a dynamic environment.
  • Continual professional development through networking, educational progress and personal development
  • Ability to manage multiple tasks simultaneously to meet tight reporting deadlines.

As a precondition of employment for this role, you must be eligible and authorized to work in Ireland and/or the United Kingdom.This recruitment campaign will be used to support permanent, temporary and/or extension for any upcoming similar positions.

Expected salary:

Location: Dublin

Job date: Thu, 24 Apr 2025 22:48:48 GMT

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