Job Description

Embark on an exciting journey with our Pricing, Reserving, and Risk Management teams, as an Actuarial Modelling Graduate. You'll have the opportunity to develop your career, through placements in at least two of our Retail Pricing, Commercial Pricing, Health Pricing, Reserving, or Risk Management teams over a three-year period.

You'll quickly become part of the team, providing technical support using a variety of tools and methods in analytics, modelling, pricing, reserving, capital modelling, and risk management. Your work will enhance our understanding of insurance and financial risks and costs. You'll leverage traditional approaches on established systems and innovative practices on new infrastructure, drawing on emerging data science techniques to provide valuable insights.

With a personalised and tailored development plan driven by you, you'll receive constant support and guidance from your line managers and mentors. This ensures you have the resources and encouragement needed to learn, grow, and excel in your role.

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, working at least 40% of the week at one of our office locations.

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 part time 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're always looking for innovative ways to improve what we do., We acknowledge and appreciate the exceptional efforts of our people in protecting what matters most to our customers. In exchange we offer a series of core and supporting benefits designed to empower our people to thrive both professionally and personally., We believe in hiring people who possess the appropriate skills and values that align with our vision. Our selection process is fair and equitable, ensuring that all candidates have an equal opportunity to join us. We are dedicated to promoting diversity and inclusion, and we actively encourage applications from individuals of all backgrounds. As an Equal Opportunities Employer, we take pride in treating our employees and potential hires with respect and without discrimination based on any Protected Characteristics., AXA UK are recognised as a Disability Confident Leader. We actively encourage applications from people who face barriers in the workplace due to a disability or long-term health condition. We participate in the Disability Confident 'Offer of Interview' scheme. This means a fair and proportionate number of candidates with long-term health conditions or disabilities who meet the essential criteria of a job, will be offered an interview.


• You'll need to show you meet the essential criteria as detailed in the job advert or job description


• You don't need to share the details of your long term health condition or disability for your application to be considered under this scheme


As part of your application, you'll be asked if you would like to 'opt in'. To ensure ease of access, every job advert lists a responsible Talent Acquisition contact, who'll be able to connect you with our Accessibility Concierge if you require any support.

Screening & Conduct

As a regulated financial services company, all successful candidates will be subject to pre-employment checks. Additionally, adherence to the Prudential Regulation Authority's (PRA) Insurance Conduct Standards and the Financial Conduct Authority's (FCA) Conduct Rules will be required., This depends on the location of the role, and what works best for you and the interviewer. We'll give you all the information you need to prepare for whichever format's used for your interview.

I'm struggling to connect to my online interview, what should I do?

Don't worry, we know these things happen. Get in touch with the person who arranged your interview, or the Talent Acquisition contact. One of the team will be able to help get the interview started or re-arrange it for a different time.

How do I get feedback on my interview?

Whenever possible, we'll call and provide feedback by phone. Sometimes, we'll need to provide feedback by email.

How can I prepare for my interview?

We'll send a candidate preparation pack before the interview to help you prepare.


• 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.


• 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
  
  With a presence in over 60 countries, and 165,000 employees serving the needs of 107 million customers, AXA is big.


But never too big to care for every single person who works here. So when you join us, we promise to put our collective might behind you and your career.

You'll work in an open and supportive environment where you'll be developed, challenged and encouraged to move around to achieve even bigger and better things - nationally and internationally. You'll learn directly from senior leaders, from the best in our business. And you'll enjoy real responsibility, really early on.

Every large company today talks about supporting diversity and inclusion. But at AXA UK, these values form an integral part of everything we do. For us, it's about bringing together the best talent, helping people to realise their full potential by being 100% themselves at work and delivering outstanding service to everyone - regardless of difference.

Proud to be part of the AXA Group, a global insurance brand and a worldwide leader in financial services, AXA Insurance businesses employ over 5,500 in a network of offices across the UK. Our expert teams care for a huge range of customers, helping them protect their cars, homes and businesses against life's uncertainties. Whether bought directly, through brokers or through a number of corporate partners, our market-leading products are trusted by millions., At AXA we have a culture of trust, respect and care, where everyone belongs. We have an ambition to become one of the most inspiring companies to work for, as such we're committed to supporting employee needs, providing meaningful career development, and celebrating differences. We all have a role to play in ensuring a working environment in which everyone, regardless of who they are, can reach their true potential., At AXA we're committed to offering a fair and inclusive experience to all candidates. You're encouraged to report, in good faith, any concerns of behaviour or processes believed to be inappropriate, unethical, or illegal.

Should you wish to report any concerns, you can do this through by sending an email to speak-up@axa.com, AXA's dedicated hotline. This service is managed by an independent investigation team. Please note that this email address is not for dealing with job or application related queries.
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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 £37,800


• 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, When will I hear back from you after my interview?


We aim to provide feedback as soon as the interview process allows. The time period will vary depending on the role.

How do I discuss the package I've been offered for a role?

You can discuss the package with your Talent Acquisition contact at offer stage.

Yay! I've got the role, what's next?

We'll carry out a number of background checks before you start. This is known as 'screening'.

Do you do any background checks?

Yes. All financial services companies, including AXA, are regulated by the Financial Conduct Authority (FCA). Being part of a regulated industry means we must check the background of all applicants before we confirm a job offer.

Pre-employment screening is not just regulatory, it also gives us the confidence that our people are the right fit to protect what matters to customers, colleagues, and our business.

• Who is screened? Everyone, from first-jobbers to senior directors! Often, the higher up the career ladder you are, the more stringent the screening becomes.


• What is screened? Identity and address; qualifications; employment history; credit check; criminal record; directorships.


If you think anything may affect these checks, please tell us.

What benefits or perks do you offer?

At AXA, we appreciate the people who work for us and regularly review our rewards package to reflect that. The advert for the role you're interested in will detail what you can expect to receive, but you can see an overview of our benefits and perks on our Why Join Us page.

Does AXA offer car allowance or a company car?

This depends on the grade, role, and eligibility of the employee. Check the benefits listed on the ad for the role you're interested in or confirm with your recruitment contact.