This is your opportunity to join AXIS Capital – 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. As a member of AXIS, you join a team that is among the best in the industry.
At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.
All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.
How does this role contribute to our collective success? The successful candidate will bring a minimum of three years' experience in catastrophe modelling, providing both natural and man-made catastrophe modelling support to our property insurance underwriters. This includes quote pricing for new and renewal business, as well as supporting portfolio aggregation. Primary perils covered include Earthquake, Hurricane, Winterstorm, Tornado, Flooding, Wildfire and Terrorism.
The candidate will liaise with our third-party modelling partner to ensure data accuracy, timeliness and reliability. They’ll also collaborate with the Our View of Risk team to ensure our use of the Verisk Touchstone model accurately reflects AXIS's risk profile.
They will also help maintain and improve best practices and procedures for entering and managing property exposure data, ensuring these processes remain robust, scalable and effective.
What will you do in this role?
- Work closely with Underwriters to prioritise quote requests and meet business needs
- Ensure appropriate audit and review processes are in place for quoted and bound accounts, with a focus on verifying Annual Average Loss and Exceedance Probability (EP) Curves for high-profile business
- Investigate and explain any anomalous or unexpected modelled results, with reviews at the location or financial terms level as needed
- Manage relationships with our third-party modelling outsourcer to ensure data cleansing, modelling turnaround time and service level agreements are met. Continuously refine best practice and process documentation
- Conduct portfolio reviews and sign-offs
- Provide post-event loss estimates
- Support catastrophe modelling across multiple lines of business including Marine, Construction, Renewable Energy, Offshore Energy, Property, Terrorism, and Delegated Underwriting Authority
- Review of current process to assess possible efficiency gains
You may also be called upon to contribute to additional projects and responsibilities related to the scope of this role.
About You: We welcome individuals with diverse backgrounds and encourage you to bring your experience and insights to help us evolve. While we list the qualifications and experience we need, we're open to hearing how your unique knowledge might help shape our collective success.
What you need to have:
- Minimum three years of hands-on catastrophe modelling experience ideally across open market and delegated underwriting/binding authority contracts
- Bachelor’s degree or higher in a quantitative or business-related field
- Strong numeracy, organisational skills and attention to detail
- Excellent written, verbal and interpersonal communication skills
- Proficiency in Microsoft Office, particularly Excel
What we prefer you to have:
- Experience using SQL or an equivalent database language
- Familiarity with R Studio or Python
- An interest or academic background in meteorology, seismology, natural or political science as it relates to the insurance industry
