Capital Management Actuary, Risk
We’re recruiting a Capital Management Actuary within the AXA Ireland Risk Team; qualified Actuary, strong understanding of Irish General Insurance market, self starter with proven record of delivery.
At AXA, diversity and inclusion means empowering people to be 100% themselves at work. We are moving towards a smart working model.
Reporting to Chief Risk Officer, the role will be responsible for managing a team of trainee and qualfied actuaries in the Risk Capital Management function with key responsibilities being;
Oversee the capital team’s population, construction, running and maintenance of the Short Term Economic Capital (STEC) across AXA Insurance dac. The principal tool used is ReMetrica.
Report and present the results of the regular AXA Insurance STEC exercises to AXA Group Risk Management and relevant Risk or Capital Committees of AXA Insurance dac.
Oversee the completion of relevant identified sections of Pillar 3 reporting, eg SFCR, RSR, QRTs, local specific templates, and Group reporting.
Assist in the independent reserve reviews to provide a second opinion / challenge on reserve level recommendations proposed by Head of Actuarial Function for accounting and Solvency II technical provisions, taking into account business trends, external market considerations, regulatory and accounting standards and internal risk appetite.
Manage the co-ordination, organisation and maintenance of business processes requiring capital / 2nd line reserving input not limited to but including: Strategic Planning, Accounting team and Regulatory reporting, Reinsurance, ORSA, Economic performance target setting, and stress & scenario testing.
Assist in the preparation and presentation of materials for Risk or Capital Committees.
• Qualified as a fellow of the Institute of Actuaries or equivalent;
• Actively continue professional development to keep up to date with developments in general insurance and the Irish market
• Will have a minimum of 3 years experience in actuarial related work
• Understand products and Irish General Insurance market
• Understand financial reporting standards applicable to General Insurance
• Excellent knowledge of relevant software packages including but limited to MS Products, Resq, SaS or similar
• Excellent written and oral communication skills
• Displays ownership and accountability for ensuring work is carried out to high standards
• Effectively contribute to team co-operation, trust & morale.
We are not accepting applications through recruitment agencies at this time.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 166,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 103 million customers.
Proud to be part of the AXA Group, at AXA Ireland our values are at the heart of everything we do. We work together as One AXA, embracing our differences to make our teams great. We believe integrity, courage and our customer-first approach is what makes us a great place to work. AXA is an equal opportunities employer and welcomes applications from across all communities.
We know an engaged workforce is a successful workforce. That’s why we offer excellent benefits such as performance bonus, health contribution, employee discounts to attract and retain the best people, making AXA a great place to work. Visit our careers page to find out more.