AXA LM - Actuary

Location 75-PARIS, France
Experience level Early Careers
Job details sector Finance, Control and Strategy
Apply before 08/31/2018
MAIN RESPONSIBILITIES
 
 
  • Actuarial review of run-off portfolios by:
  • Taking part in the technical reserves’ assessment of the portfolios we manage by performing an annual actuarial review and its detailed reporting
  • Monitoring the evolution of the assessment made via technical reports on a quarterly basis
  • Taking part in the planning, targeting and settlement of accounts on our portfolios, particularly focusing on the different elements of technical results.
  • Ensuring the transparency and justification of the assessment of technical reserves for AXA entities and audit companies.  
     
  • Assessment of the financial conditions in a commutation project:
  • To be a technical and actuarial support for operational teams by assessing the economic price of commutations; explaining the chosen scenario and the projections that were made; taking part in the negotiation if needed.
  • To validate and/or control the price of commutations that were negotiated and assess the consequent profit or loss.
 
  • To take part in the valuation studies for Solvency II by:
  • Learning the formula(s) of the country
  • Taking part in the calculation of AXA’s internal model
 
  • To develop modelling and risk valuation tools
 

PERSONAL ATTRIBUTES :
 
You graduated from an Actuarial university or have a similar degree. First professional experience in an actuarial department of an insurance company would be a plus. Knowing the reinsurance industry would be would be an advantage.
You are rigorous, motivated, and autonomous, you like to act and propose your own ideas. Team spirit is a key skill for integrating our dynamic and human-sized company.
 
Fluency in English and French is important, as well as knowing how to use Microsoft Office.
You have a hard knowledge and sympathy for Mathematics and Actuarial Science
Programming skills and knowledge of actuarial software (like ResQ) would be a real asset.


Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life? Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things.

In a fast-evolving world and with a presence in 64 countries, our 165,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 107 million customers.

 

 


AXA Liabilities Managers (AXA LM) is an entrepreneurial business unit of the AXA Group specializing in discontinued non-life reinsurance business acquisition and management. One of the key missions of the company is to reduce volatility and risks by proactively and profitably bringing to finality contracts underwritten in the past. AXA LM has 280 employees in the world. They are based in Belgium, France, Switzerland, the UK and the USA. As of December 31, 2015, AXA LM was managing 2 billion euros of liabilities and had underlying earnings of 51 million euros.

We offer a very dynamic & agile working environment