Job Description - Head of Pricing, APAC (78005402D20241028)
Head of Pricing, APAC
Sydney, Australia
The Head of Pricing, APAC at AXA XL leads a small team of general insurance pricing actuaries and analysts across the Asia Pacific region.
This role involves developing and implementing pricing strategies, overseeing and developing pricing models, and ensuring the overall profitability of the insurance portfolio.
The Head of Pricing will also play a key role in business planning, risk management, and strategic decision-making.
Essential Responsibilities:
Lead and manage a team of pricing actuaries and analysts across the APAC region.
Develop and implement the pricing operational plan and support the pricing team to achieve their objectives including setting workload and management of personal development.
Provide technical training as needed.
Develop and implement pricing strategies for various commercial lines.
Provide technical input for cross-functional projects and support local management and underwriting teams on implementing business strategies across the APAC region.
Provide pricing support to underwriters through both individual case pricing and via a detailed understanding of global line of business specific pricing tools requiring regular liaison with global pricing teams.
Oversee the development and parameterization of pricing models for owned agency business.
Provide actuarial management oversight of delegated authority MGAs writing business on behalf of AXA XL.
Provide analytical support to management and underwriters, including but not limited to portfolio analysis and model review.
Conduct quarterly reserving of delegated businesses for planning and operational oversight.
Ensure pricing metrics are captured, reviewed and understood across the region.
Collaborate with local and international valuation actuaries in Australia and Singapore regarding local statutory reporting and performance monitoring.
Support business planning reviews and loss ratio selections for delegated authorities and owned agency business.
Ensure Continuing Professional Development standards are monitored and appropriate.
Maintain up-to-date knowledge of key insurance issues.
You will report directly to the Head of Pricing APAC & Europe.
Required Skills and Experience:
Planning & Organisation: An ability to manage multiple conflicting tasks and outputs.
Able to plan long-term deliverables and ensure tasks are planned and completed accordingly and that any delays or complications are communicated early and resolved appropriately.
Strong Business Acumen: Able to translate actuarial output into business value, ensuring various customers, including legal entity boards, are able to understand the practical implications of our analyses.
Strategic Thinking and Tactical Implementation: Ability to invent, design and build solutions.
Actuarial Experience: Expected to have in excess of 10 years of relevant experience within the non-life insurance industry.
A track record which demonstrates a leadership capability and the ability to build strong relationships, as well as the ability to ensure timely delivery under pressure is absolutely essential.
Stakeholder Management: Able to work with and influence stakeholders at all levels both locally and remotely.
Company Overview:
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.
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 a diverse workforce enable business growth and are critical to our success.
Location: AU-NSW-Sydney
Job Field: Actuarial
Schedule: Full-time
Job Type: Standard
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