Actuarial Specialist

Non-Life Pricing - 3 roles

Solvency OR IFRS-17 - 2 roles

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

• The resource would be a key member of the Actuarial Services team and would work in close collaboration with teams in AXA entities
• To lead a project/process technically/operationally and deliver results / presentations to partners independently
• Drive Team Objectives, assess team performance and generate new ideas for team development
• Supporting / mentoring wider teams, and leading key strategic initiatives beyond work
• Play a critical role in setting up Non-Life Actuarial support (Pricing in particular) for various AXA Group entities
• Support the delivery of pricing and portfolio management solutions, across multiple portfolios through data analysis and modeling
• Building and maintaining robust pricing models and implementing pricing strategies that increase value to our partners by optimizing business performance in line with business objective
• Seeking and identifying opportunities to improve model performance through new data items or analytical techniques
• Developing robust data sets to ensure data adequacy and accuracy
• Coordinate with multiple support partners like IT, TA, Audit, Risk, L&D for smooth and compliant function while catering to teams growth, Knowledge/Competency building

Capability and Knowledge

• Proven experience and deep technical understanding of insurance pricing modeling techniques (GLMs or machine learning techniques)
• Excellent understanding of Actuarial & Statistical techniques
• Proven skills in following software packages
• Non-life Actuarial software such as Emblem, Radar or similar
• Coding language (R, Python, SAS, SQL, VBA)
• Advanced Excel
• Knowledge of Non-life insurance products and awareness of recent industry developments in Non-Life Actuarial domain
• Ability to manage multiple projects, project team and stakeholders
• Experience mentoring and acting as role model for junior team member
• Proven track record of communicating complex issues to business management

Specific position related experience

• Member of Actuarial Society (India/UK/SOA) with at least 5 Actuarial exams
• 8+ years of work experience in Non-Life Insurance in Actuarial domain