Actuary, Portfolio Reserving

AXA • Boston, MA

2d

About The Position

At AXA XL, the Reserving Actuary works globally with underwriting, claims, operations, reinsurance, information technology, finance, and other business teams. The role applies actuarial expertise and analytical tools to develop an understanding of the markets served by the Americas Insurance Business Group and to provide forward-looking insights that support strategic business initiatives. It helps ensure reserve adequacy across commercial lines by evaluating reserving trends in ratemaking, planning, and forecasting, taking ownership of the reserving process, and helping AXA XL meet its financial obligations.

The position supports reserving work across multiple growth segments, provides business intelligence and oversight for global reserving initiatives, and helps the business respond to emerging market trends. It reports to the Head of Americas Casualty.

Requirements

• Actuarial accreditation from the Casualty Actuarial Society (CAS), at either the ACAS or FCAS level.
• Bachelor’s degree in actuarial science, mathematics, applied mathematics, statistics, or a related field.
• Highly accomplished commercial lines actuary within the property and casualty insurance or reinsurance industry.
• Robust analytical and research skills, with the ability to lead and influence decision-making.
• Excellent written and verbal communication skills, including the ability to communicate clearly and concisely with internal and external clients with varying levels of actuarial knowledge.

Nice To Haves

• Excellent time-management skills, including the ability to handle multiple simultaneous tasks.
• Outstanding interpersonal skills and the ability to work well in a collaborative team environment.
• Outstanding Excel and Microsoft Office skills for data extraction, manipulation, reporting, documentation, and presentations.
• Experience with reserving methods and tools to structure, access, and manage datasets for modeling and managing risk.
• Programming proficiency in Python, R, or SQL.

Responsibilities

• Support ad-hoc profitability reviews, business planning, financial reporting, and special projects.
• Support the development of reserve indications, proactively evaluate reserve performance, and retrospectively review it.
• Develop actuarial valuations for new and evolving lines of business.
• Build effective relationships with finance, claims, and underwriting stakeholders and business partners, acting as a consultative partner to influence business decisions.
• Support strategic actuarial initiatives by providing timely, insightful, relevant, and reliable business intelligence.
• Prepare actuarial reports and exhibits on business unit results to focus resources on emerging risk areas.
• Work directly with financial reporting teams around the globe.
• Stay abreast of trends and changes in functional areas that may affect actuarial analysis.
• Provide oversight on global reserving initiatives and help the business react more quickly to emerging market trends.
• Take ownership of the reserving process to help ensure AXA XL can meet its financial obligations.

Benefits

• Enterprising retirement savings plan.
• Health and wellness programs.
• Other benefits, with details available through AXA XL’s US Benefits at a Glance 2026.
• Learning opportunities to develop professional skills and prepare for career progression.
• Flexible working arrangements.
• Enhanced family-friendly leave benefits.
• AXA XL Hearts in Action programs, including a Matching Gifts program, Volunteering Leave, and an annual Global Day of Giving.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior