Actuarial Manager

Actuarial Specialist Health – Solvency II, IFRS17

Process Brief

Actuarial Services team in AXA Global Business Services (AXA GBS) was established in 2005 to provide value added actuarial support to different AXA entities globally. This team is a part of the CFS (Corporate Function Services) at AXA GBS. Over the years-the team has evolved into firmly establishing itself as an integral part of different AXA group entities. The team today is involved in serving the AXA operating companies across both Life insurance and Property & Casualty insurance.

The team has now embarked on the next growth phase entailing new opportunities identification and converting proof of concepts into new engagement support services for AXA GBS

Key Responsibilities

• Manage and calculate Solvency II Technical Provisions
• Work and deliver on the monthly/quarterly/ annual reports, annual regulatory reports and summaries.
• Conduct quarterly / annual reviews of the assumptions or parameters like discounting controls, payment patterns, loading for ENIDs, etc.
• IFRS17 reserve calculation & projection along with discounting calculations and leveraging of Solvency II reserve calculations.

Capability and Knowledge

• Experience and understanding of Health or P&C insurance business
• Good understanding of Actuarial & Statistical techniques

Specific position related experience

• Member of Actuarial Society (India/UK/SOA) with at least 2 Actuarial exams
• 2+ years of work experience in Health or P&C Insurance in Actuarial domain