Head of Pricing, E&S
Exton, PA | USA
As the Head of Pricing, E&S at AXA XL, you will play a critical role in shaping and executing the pricing strategy for our growing wholesale portfolio in the Americas. You will lead efforts to develop innovative and competitive pricing models that drive profitability while supporting our growth objectives in the market. Collaborating closely with underwriters, actuaries, and senior leadership, you will ensure pricing discipline, optimize risk selection, and contribute to AXA XL's continued success as a leader in the insurance industry. This role offers a unique opportunity to influence key business decisions and enhance our presence in the wholesale E&S sector. The role incorporates responsibility for Energy Liability pricing within the Americas E&S tower, as well as Energy Liability pricing support beyond the Americas.
DISCOVER your opportunity
What will your essential responsibilities include?
Ensure that all product lines within the Americas E&S tower have market leading, technical pricing and portfolio management capabilities and be responsible for the delivery of those capabilities.
Provide decision making guidance throughout the entire underwriting process, through the use of advanced analytics, to drive excellent business performance
Develop and leverage product pricing methodologies (aligned to global strategies and methodologies) including pricing algorithms, pricing parameters, pricing change impact analysis, and advanced pricing techniques. Support development, testing and calibration of Pricing tools, alongside Models team.
Micro portfolio management activities including selection of base loss ratio for business planning, profitability studies & deep dives, dashboard maintenance, and post-event loss evaluations
Conduct deals specific pricing, ensuring consistency of approach.
Engage closely with CUO, Underwriting, Reserving, Claims, to improve pricing accuracy
Ensure compliance with Pricing Model Standards, maintain required technical pricing documentation, and enforce pricing model governance
Develop and motivate a high performing, diverse team, who are engaged in support of Pricing and Enterprise goals
You will report to Head of Pricing, Global Casualty.
SHARE your talent
We’re looking for someone who has these abilities and skills:
Recommend extensive experience of non-life insurance pricing
Qualification level – Qualified
Outstanding Influencing and Negotiating Skills
Bachelor’s degree in actuarial science, Mathematics, Applied Math, Statistics, or related field.
Leadership skills to work collaboratively with colleagues to build consensus.
Demonstrated experience managing, motivating, and leading a team of credentialed and non-credentialed actuaries across multi locations/territories
Outstanding verbal communications skills to gain buy-in to communicate clearly and concisely with internal and external clients.
Excellent written communication skills
Solution-oriented creativity to leverage and augment internal and external data and studies to support writing profitable business and assist in developing new product lines.
Outstanding ability to think strategically
FIND your future
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
Inclusion & Diversity
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. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can 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.
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 Sustainability at AXA XL.
The U.S. pay range for this position is USD 175,000 – 250,000. Actual pay will be determined based upon the individual’s skills, experience, and location. We strive for market alignment and internal equity with our colleagues’ pay.
