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    4. Actuarial Modelling Graduate 2024
    Lock Applications for this job are now closed
    Closing soon

    It's an exciting time to join our Pricing, Reserving and Risk Management teams as an Actuarial Modelling Graduate. You will be provided with excellent career development opportunities with placements in at least two of our Retail Pricing, Commercial Pricing, Reserving or Risk Management teams over a three-year period.

    The role

    You will quickly become part of these teams, providing technical support using an array of tools and methods in the analytics, modelling, pricing, reserving, capital modelling and risk management disciplines to further the understanding of insurance and financial risk and costs. You'll build on traditional approaches on established systems as well as on new infrastructure and draw on emerging data science practices to provide insight. Through your personal and tailored development plan (which will be owned and driven by you), you'll have the constant support and guidance of your line managers and mentors to learn and develop.

    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, either at one of our office locations, visiting clients or attending industry events.

    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 parttime 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 are 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.
    • A 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.

    Benefits

    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 £36,000
    • 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. For our support, please send an email to penny.2.edwards@axa-insurance.co.uk.