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- Tasks: Join our team as a Reserving Actuary and influence strategic decisions with your analytical skills.
- Company: AXA XL, a leader in innovative risk solutions and inclusive culture.
- Benefits: Competitive pay, flexible working, and a commitment to your professional growth.
- Why this job: Make a real impact on financial stability while developing your actuarial expertise.
- Qualifications: Qualified actuary with strong analytical skills and experience in reserving.
- Other info: Dynamic environment with opportunities for mentorship and career advancement.
The predicted salary is between 36000 - 60000 £ per year.
The successful candidate will be a key member of the actuarial reserving function and will report directly to the Head of Management Reporting Corporate Actuarial. As a Reserving Actuary, you will play a key role in our team, contributing to the strategic decision-making process and ensuring the financial stability and solvency of our organisation. You will contribute to provide clear, concise, and insightful reporting to management, enabling them to make informed decisions that drive our organisation forward. You will be responsible for leading transversal projects and providing expert actuarial analysis, to support corporate decision-making and regulatory compliance.
What you’ll be doing
- Review, challenge, consolidate and govern IFRS4 and IFRS17 reserves results during valuation, booking, Forecast and planning exercises for the AXA XL division, ensuring accuracy and reliability.
- Contribute to the preparation supporting documents to present to the top management of AXA XL, influencing strategic decision-making, including:
- MRCR (Management Review Committee on Reserves) for valuations and bookings, including minutes of those committees
- Financial clearance with AXA Group (actuarial section)
- Flash presentation to AXA Group Actuarial function, in collaboration with AXA XL Risk Management team
- Planning presentations: base loss ratio and budget loss ratio
- Board/audit committee presentation
- Presentation on reserves for Bermudian regulator
- Presentation on reserves for rating agencies
What you’ll bring
We’re looking for someone who has these abilities and skills:
Required Skills and Abilities:
- Qualified actuary by a recognised actuarial association with significant experience and a robust background in reserving.
- Robust analytical and problem-solving skills with the ability to interpret and present complex data.
- Ability to multi-task and work effectively in a fast-paced team environment.
- Excellent written & verbal skills, including presentation skills.
- Effective project management and leadership capabilities.
- Outstanding computer application skills, specifically Excel and PowerPoint.
Desired Skills and Abilities:
- Keen attention to detail to ensure full consistency of results within various presentations.
- Working knowledge of actuarial reserving software such as ResQ and or other programming languages (e.g. SQL) and visualisation tools (e.g. PowerBI).
In addition to the skills and abilities listed, we are looking for candidates who are:
- Adaptable and keen to learn.
- Motivated to build robust relationships and networks.
- A team player.
What we offer
Inclusion
AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential.
Total Rewards
AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do. We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.
Sustainability
At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future.
Reserving Actuary, AFR employer: AXA Group
Contact Detail:
AXA Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reserving Actuary, AFR
✨Tip Number 1
Network like a pro! Reach out to current employees at AXA XL on LinkedIn or through mutual connections. Ask them about their experiences and any tips they might have for landing the Reserving Actuary role. Personal connections can give you an edge!
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Make sure you can discuss IFRS4 and IFRS17 reserves confidently. We recommend practising common actuarial scenarios and how you would approach them, so you're ready to impress!
✨Tip Number 3
Showcase your leadership skills! Be ready to talk about any projects you've led or contributed to, especially those involving cross-functional teams. Highlight how you guided junior members and what impact it had on project success.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining AXA XL and being part of our inclusive culture.
We think you need these skills to ace Reserving Actuary, AFR
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Reserving Actuary role. Highlight your relevant experience in actuarial reserving and any specific projects that align with what we do at AXA XL.
Showcase Your Skills: Don’t forget to emphasise your analytical and problem-solving skills! We want to see how you interpret complex data and present it clearly, so include examples of your past work that demonstrate these abilities.
Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use clear language and avoid jargon where possible. We appreciate a well-structured application that’s easy to read!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role there!
How to prepare for a job interview at AXA Group
✨Know Your Numbers
As a Reserving Actuary, you'll be dealing with complex data and financial metrics. Brush up on your IFRS4 and IFRS17 knowledge, and be ready to discuss how you would ensure accuracy in reserve results. Prepare examples of how you've tackled similar challenges in the past.
✨Showcase Your Analytical Skills
Highlight your robust analytical and problem-solving skills during the interview. Be prepared to discuss specific actuarial analytics you've performed and how they influenced strategic decision-making. Use real-life scenarios to demonstrate your ability to interpret and present complex data.
✨Project Management Prowess
Since you'll be leading transversal projects, it's crucial to showcase your project management capabilities. Share experiences where you've successfully managed projects, guided junior team members, and delivered high-quality results. Discuss your approach to collaboration with cross-functional teams.
✨Be a Team Player
AXA XL values adaptability and teamwork. During your interview, emphasise your ability to build relationships and work effectively within a team. Share examples of how you've contributed to a team's success and supported colleagues in their professional development.
