Head of Pricing, E&S

AXA•Boston, MA

About The Position

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 dynamic 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.

Requirements

Recommend extensive experience of non-life insurance pricing
Qualification level – ACAS or FCAS 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

Responsibilities

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.
Act as a key member and influencer on the Americas E&S Leadership team.
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
Develop strong portfolio management capabilities to support business intelligence and management information, including core pricing metrics.
Influence the creation of the region’s business plan including communication of loss ratios, trends, and pricing metrics whilst considering local market conditions and regional strategy.
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