Specialist Actuary, Reserving AFR
Specialist Actuary, Reserving AFR

Specialist Actuary, Reserving AFR

Full-Time 36000 - 60000 £ / year (est.) No home office possible
A

At a Glance

  • Tasks: Join our actuarial team to analyse risks and support strategic decisions.
  • Company: AXA XL, a leader in innovative risk solutions.
  • Benefits: Competitive pay, flexible working, and inclusive benefits for all.
  • Why this job: Make a real impact on financial stability while growing your career.
  • Qualifications: New or nearly qualified actuary with strong analytical skills.
  • Other info: Diverse and inclusive culture with excellent career growth opportunities.

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 Specialist 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 organization. You will be responsible for providing expert actuarial analysis, risk assessments, and financial modeling to support corporate decision-making and regulatory compliance.

What you'll be doing

  • Performing actuarial analytics at the insurance segment and AXA XL division level to provide insights into emerging trends and to assist with reserve recommendations.
  • Evaluation of ongoing profitability of key businesses feeding into regular business reviews to support portfolio management and strategy.
  • Support in analysis and preparation of reserves forecasts for the division to give early indication of the expected reported numbers before the half year and full year close.
  • Consolidation of the reserve analysis and results performed by the reserving teams across the division.
  • Reviewing and challenging the rationalization for material reserve movements and impacts in the quarter.
  • Assist with the reporting of analysis and results to the AXA XL Reserve Committees, Board of Directors, AXA Group and other internal/external parties.
  • Collaborate with cross-functional teams to provide actuarial insights and recommendations.
  • Contribute to the development of the AXA XL business plan each year.
  • This role will include some involvement in the annual business planning exercise including reporting to the AXA XL Division and AXA Group management.
  • Research/Learn about new Reserve/Reserve Risk/claims analytics methodologies and develop new & creative solutions to actuarial issues.
  • Analysing project requirements to own and deliver projects/initiatives with very high quality.

What you’ll bring

  • New or nearly qualified actuary with the Institute of Actuaries UK, or recognised equivalent professional body (e.g. CAS).
  • Working knowledge of actuarial reserving software such as ResQ and or other programming languages (e.g. SQL) and visualisation tools (e.g. PowerBI).
  • Excellent 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.
  • Keen attention to detail.
  • Adaptable and keen to learn.
  • Team player.

What we offer

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.

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.

Specialist Actuary, Reserving AFR employer: AXA Group

AXA XL is an exceptional employer that fosters a culture of inclusivity and collaboration, making it an ideal place for a Specialist Actuary to thrive. With a commitment to employee growth through robust support for flexible working arrangements and a focus on sustainability, employees are empowered to contribute meaningfully while enjoying competitive compensation and personalized benefits. Located in a dynamic environment, AXA XL offers unique opportunities to engage with cross-functional teams and participate in innovative projects that shape the future of risk management.
A

Contact Detail:

AXA Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Specialist Actuary, Reserving AFR

✨Tip Number 1

Network like a pro! Reach out to your connections in the actuarial field, attend industry events, and engage with professionals on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by practising common actuarial questions and scenarios. Think about how your skills in financial modelling and risk assessment can add value to the team. Show them you’re not just a number cruncher but a strategic thinker!

✨Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, send a thank-you email to express your appreciation and reiterate your interest in the role. It’s a simple gesture that can set you apart from other candidates.

✨Tip Number 4

Apply through our website for the best chance at landing that Specialist Actuary role. We love seeing candidates who take the initiative to connect directly with us. Plus, it shows you’re genuinely interested in being part of our team!

We think you need these skills to ace Specialist Actuary, Reserving AFR

Actuarial Analysis
Risk Assessment
Financial Modelling
Actuarial Reserving Software (e.g. ResQ)
SQL
Data Visualisation Tools (e.g. PowerBI)
Analytical Skills
Problem-Solving Skills
Project Management
Leadership Capabilities
Excel
PowerPoint
Attention to Detail
Adaptability
Team Collaboration

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Specialist Actuary role. Highlight your relevant experience in actuarial analytics and financial modelling, and don’t forget to mention any software skills like ResQ or SQL that you possess!

Showcase Your Analytical Skills: Since this role is all about providing expert actuarial analysis, be sure to include examples of how you've tackled complex data problems in the past. Use clear, concise language to demonstrate your analytical prowess and problem-solving abilities.

Be Clear and Concise: When writing your application, keep it straightforward. Use bullet points where possible to make your achievements stand out. Remember, clarity is key, especially when you're dealing with complex topics like reserving and risk assessments.

Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at AXA XL!

How to prepare for a job interview at AXA Group

✨Know Your Actuarial Stuff

Make sure you brush up on your actuarial principles and methodologies, especially those related to reserving. Be ready to discuss specific examples of how you've applied these in past roles or projects.

✨Showcase Your Analytical Skills

Prepare to demonstrate your analytical prowess by discussing complex data sets you've worked with. Bring examples of your financial modelling or risk assessments, and be ready to explain your thought process behind them.

✨Familiarise Yourself with Tools

Since the role requires knowledge of actuarial reserving software like ResQ and programming languages such as SQL, make sure you're comfortable discussing your experience with these tools. If you’ve used PowerBI for visualisation, have some examples ready to share.

✨Be a Team Player

Collaboration is key in this role, so be prepared to talk about how you've worked with cross-functional teams in the past. Highlight any leadership experiences and how you contributed to team success, especially in fast-paced environments.

Specialist Actuary, Reserving AFR
AXA Group

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

A
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>