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- Tasks: Join our team as a Reserving Actuary, influencing strategic decisions and ensuring financial stability.
- Company: AXA XL, a leader in the insurance industry with a commitment to inclusion and sustainability.
- Benefits: Competitive salary, flexible working, enhanced family leave, and a focus on wellbeing.
- Why this job: Make a real impact in a dynamic environment while developing your actuarial skills.
- Qualifications: Qualified actuary with strong analytical skills and experience in reserving.
- Other info: Collaborative culture with opportunities for mentorship and career growth.
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 provide clear, concise, and insightful reporting to management, enabling informed decisions.
Responsibilities
- Review, challenge, consolidate and govern IFRS4 and IFRS17 reserves during valuation, booking, forecast and planning exercises for the AXA XL division, ensuring accuracy and reliability.
- Contribute to preparation of supporting documents for top management of AXA XL, influencing strategic decision‐making, including:
- MRCR (Management Review Committee on Reserves) for valuations and bookings, including minutes.
- 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.
Qualifications
- 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 and verbal communication, including presentation skills.
- Effective project management and leadership capabilities.
- Outstanding computer application skills, specifically Excel and PowerPoint.
Desired Skills and Abilities
- Attention to detail to ensure full consistency of results within various presentations.
- Working knowledge of actuarial reserving software such as ResQ, SQL, and visualisation tools such as PowerBI.
Additional Attributes
- Adaptable and keen to learn.
- Motivated to build robust relationships and networks.
- Team player.
What We Offer
- Inclusion: AXA XL is committed to equal employment opportunity and considers applicants regardless of gender, sexual orientation, age, ethnicity, disability or any other protected characteristic.
- Five Business Resource Groups focused on gender, LGBTQ+, ethnicity, disability and inclusion with 20 chapters worldwide.
- Robust support for flexible working arrangements.
- Enhanced family‐friendly leave benefits.
- Recognised as a signatory to the UK Women in Finance Charter.
Total Rewards
- Reward program covering health, wellbeing, lifestyle and financial security.
- Competitive compensation and personalised, inclusive benefits that evolve with you.
Sustainability
- Roots of Resilience strategy focusing on protecting natural ecosystems, addressing climate change and embedding sustainable practices.
- Key pillars: Valuing nature, addressing climate change, integrating ESG, and AXA Hearts in Action programs.
Legal statement: AXA XL is an Equal Opportunity Employer.
Reserving Actuary, AFR in London employer: AXA XL
Contact Detail:
AXA XL Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reserving Actuary, AFR in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at AXA XL on LinkedIn. A friendly chat can give us insider info about the company culture and maybe even a referral!
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Make sure we can confidently discuss IFRS4 and IFRS17 reserves, as well as showcase our analytical prowess with real-life examples.
✨Tip Number 3
Showcase our leadership skills! Be ready to share experiences where we've guided junior team members or led projects. This will highlight our ability to contribute to the team and influence strategic decisions.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure our application gets noticed. Plus, it shows we’re genuinely interested in being part of the AXA XL family.
We think you need these skills to ace Reserving Actuary, AFR in London
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 skills that match the job description. We want to see how you can contribute to our team!
Showcase Your Analytical Skills: Since this role requires robust analytical abilities, include examples of how you've tackled complex data in the past. Whether it's through projects or previous roles, we love seeing how you interpret and present data effectively.
Be Clear and Concise: When writing your application, clarity is key! Use straightforward language and avoid jargon where possible. We appreciate well-structured applications that get straight to the point, making it easy for us to see your potential.
Apply Through Our Website: We encourage you to submit your application directly through our website. This way, you’ll ensure it reaches the right people and you’ll be one step closer to joining our fantastic team at StudySmarter!
How to prepare for a job interview at AXA XL
✨Know Your Numbers
As a Reserving Actuary, you'll be dealing with complex data and reserves. Brush up on your IFRS4 and IFRS17 knowledge, and be ready to discuss how you would ensure accuracy in valuations. Prepare examples of past experiences where your analytical skills made a difference.
✨Master the Art of Presentation
You'll need to present findings to top management and various committees. Practice your presentation skills, focusing on clarity and conciseness. Use PowerPoint to create engaging slides that highlight key insights and trends you've identified in your previous roles.
✨Showcase Your Leadership Skills
This role involves guiding junior team members and leading projects. Think of specific instances where you've mentored others or led a successful project. Be prepared to discuss your approach to teamwork and how you foster collaboration across functions.
✨Stay Current and Adaptable
The actuarial field is always evolving, so demonstrate your commitment to learning. Research new methodologies in reserving and claims analytics, and be ready to share how you stay updated with industry trends. This shows you're not just qualified but also passionate about your field.
