Embark on an exciting journey with our Pricing, Reserving, and Risk Management teams, as an Actuarial Modelling Graduate. You'll have the opportunity to develop your career, through placements in at least two of our Retail Pricing, Commercial Pricing, Health Pricing, Reserving, or Risk Management teams over a three-year period.
You'll quickly become part of the team, providing technical support using a variety of tools and methods in analytics, modelling, pricing, reserving, capital modelling, and risk management. Your work will enhance our understanding of insurance and financial risks and costs. You'll leverage traditional approaches on established systems and innovative practices on new infrastructure, drawing on emerging data science techniques to provide valuable insights.
With a personalised and tailored development plan driven by you, you'll receive constant support and guidance from your line managers and mentors. This ensures you have the resources and encouragement needed to learn, grow, and excel in your role.
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, working at least 40% of the week at one of our office locations.
Working Hours & Shift Pattern: Full time, 35 hours per week, Monday to Friday. Due to the nature of your learning pathway, we're unable to fulfil part time or flexible work patterns.
What you'll be doing:
- Create, maintain, validate and reconcile exposure and claims data to be ready for analysis/modelling.
- Support in the creation, maintenance, deployment and testing of predictive models. Build insight using this data to identify trends and patterns to inform actions supporting line of business strategy.
- Assist in ensuring processes are efficient and enhanced to meet business needs and customer expectations.
- Assist in producing and developing appropriate and accurate monitoring for stakeholders to support decision-making.
- Use a developing skill set to suggest and provide routine analysis that supports the strategy in respect of relevant Business Lines. We're always looking for innovative ways to improve what we do.
Due to the number of applications we expect to receive for this role, we reserve the right to close this advert earlier than the listed closing date to ensure we're able to effectively manage interest. Therefore, if you're interested in joining us at AXA, please don't hesitate to apply.
What we're looking for:
- Excellent numerical mathematical skills. 2.1 degree or higher in a mathematics, statistics or other numerate degree such as physics and quantitative risk/finance.
- A grade at A-level Mathematics or equivalent.
- Ability to demonstrate high levels of problem-solving skills & initiative.
- Effective communication skills to help establish a network within AXA.
- Continuous appetite to learn, develop skills and complete a relevant professional qualification.
- Ability to plan and prioritise own work with a high level of attention to detail.
- Embracing teamwork by supporting and respecting others.
- Knowledge and experience of modelling techniques and computer languages such as R, Python, SAS, SQL, Excel VBA or other analytical language/tools would be desirable.
- Ability to work under pressure and to strict deadlines whilst maintaining reliability and accuracy
At AXA UK, we're appreciative of the people who work for us and our rewards package is reviewed regularly to reflect that. You can expect to receive:
- Competitive annual salary of up to £37,800
- Annual company & performance-based bonus
- Contributory pension scheme (up to 12% employer contributions)
- Life Assurance (up to 10 x annual salary)
- 25 days annual leave plus Bank Holidays
- Opportunity to buy up to 5 extra days leave or sell up to 5 days leave
- AXA employee discounts
- Gym benefits
We're proud to be an Equal Opportunities Employer and don't discriminate against employees or potential employees based on protected characteristics. If you have a long-term health condition or disability and require reasonable adjustments during the application or interview process, we're proud to offer access to the AXA Accessibility Concierge.
About AXA
AXA Commercial protects businesses, from multinationals to micro start-ups, giving them the confidence to thrive. We're currently making our biggest ever investment to develop the expertise and skills we need to be the best. We're a vibrant community where everyone is supported to learn, develop, and take ownership of their work.
AXA Retail helps people live the life they love, knowing we've got their back, at home and on the road. Our people are vital to us becoming more digital, faster and easier to access. We're a dynamic team of experts completely committed to making sure our customers 'get back to the good stuff' when the unexpected happens.
At AXA Health, we help our members be the best version of themselves by providing access to health and wellbeing support for mind and body. We're transforming our business by developing easy, efficient, digital experiences for our customers. We're a collective of specialists passionate about helping our members flourish, whether that's individuals and families, small businesses or huge corporates.