The role will report to the Head of Reserving - Specialty Niche, in the Actuarial Financial Reporting team based in London.

The Product Actuary for Crisis Management (“CM”), Life, Accident & Health (“LAH”), Equine, Livestock & Aquaculture (“ELA”) lines will play a critical role in the reserving function, supporting the Chief Actuary UK’& Lloyds and the Head of AXICL Reserving Actuary setting robust well informed best estimate reserves. The successful candidate will demonstrate technical depth commercial awareness and interpersonal skills to support the actuarial view of the portfolio.

What you’ll be doing

What will your essential responsibilities include?

Best Estimate Reserving: Assist in developing and maintaining the actuarial best estimate reserves for CM, LAH and ELA portfolios ensuring alignment with regulatory standards, Lloyd’s requirements and internal frameworks
Cross-Functional Engagement: Proactively engage with underwriters and claims professionals to understand portfolio dynamics, emerging trends, changes in underwriting strategy, and claims experience. Translate these insights into Actuarial judgements
Market Awareness and Portfolio Contextualisation: Maintain an awareness of market developments, legal and economic environments, and outside pressures to ensure reserving assumptions reflect the latest intelligence.
Communication of Results: effectively communicate reserving outcomes and assumptions to key stakeholders, particularly underwriting and claims teams. Tailor messaging to the audience to ensure clarity, transparency, and alignment
Collaborate Across all Internal Functions: work closely with other teams within actuarial function including data, financial reporting, governance and controls, other regional actuaries, corporate and syndicate actuarial teams- to ensure consistency, accuracy, and completeness of data and methodologies
Legal Entity Reporting: Support legal entity allocations and Legal entity reserving committees, ensuring that results are appropriately attributed, understood and defend-able across affected entities and stakeholders
Stakeholder Queries and Governance Support: Provide timely and accurate responses to questions from internal stakeholders, group functions and external stakeholders (e.g. regulators, auditors) as required.

What you’ll bring

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

Professional Qualification: Qualified actuary (e.g. FIA or equivalent) with a track record of continuing professional development.
Extensive Reserving experience in non-life actuarial reserving, with a focus on commercial lines (preferably Specialty lines)
Demonstrated experience with Lloyd’s and/or syndicate reserving is essential, including familiarity with Lloyd's regulatory requirements, reporting processes, and governance frameworks.
Technical Foundation: proficiency in reserving methodologies, actual software tools, and relevant statistical techniques. Able to form independent actuarial judgements while incorporating business context.
Cross-Market Collaboration: Proven ability to collaborate effectively across geographically dispersed teams, including colleagues in India, the UK, and global offices. Comfortable working in a matrix-ed environment with multiple stakeholders
Effective Communicator: Capable of presenting complex actuarial results and insights clearly to both technical and non-technical audiences - particularly underwriters, claims professionals, and senior leadership.
Self-Driven and Solution Oriented: highly motivated, proactive, and able to work independently with minimal supervision. Brings a problem-solving mindset and a willingness to challenge the status-quo constructively.
Innovative and Commercially Aware: Curious and forward-thinking, with a desire to improve processes and contribute to business strategy through data-driven insights and actuarial perspectives.

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.

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

Life, Accident & Health jobs

Product Actuary, Corporate Actuarial – Specialty Niche