Specialist, AFR

Specialist, AFR Gurgaon/Bangalore, India We are seeking an actuarial specialist to join our team

The successful candidate will play a pivotal role in performing reserve valuations, and financial reporting

The candidate will also have the opportunity to be involved in multiple projects from time to time-related to global reserving, planning, P&C analytics and other actuarial projects

This role demands a good understanding of actuarial principles, excellent analytical skills, the ability to work collaboratively within a dynamic team and the flexibility to work on multiple projects at the same time

What you’ll be DOING What will your essential responsibilities include

Perform actuarial analysis for a line of business for quarterly/Half-year/annual valuations for the company’s reserves to ensure they are sufficient to meet future obligations

Ensure adherence to internal guidelines and processes in all the analysis and results

Utilize actuarial methods and models to analyze loss development patterns and estimate required reserves

Prepare detailed reserve reports and present findings to the line of business actuary on the claims experience, methods and assumptions used

Perform additional analysis in business specific issues considering latest market environment

Stay updated with changes in regulatory guidelines and ensure the company’s actuarial practices remain compliant

Provide actuarial support for various strategic initiatives as well as other actuarial team activities/tasks as needed

Conduct ad-hoc actuarial analyses as required by management or regulatory bodies

Participate in cross-functional projects and collaborate with other departments to achieve business objectives

You will report to Reserving Actuary, AFR

What you will BRING We’re looking for someone who has these abilities and skills: Required Skills and Abilities: Bachelor’s degree in actuarial science, Mathematics, Statistics, or a related field

Relevant years of experience in an P&C insurance and/or actuarial consultancy is required

Minimum 8 to 9 actuarial exams from a recognized actuarial body

Relevant actuarial experience covering international market

Desired Skills and Abilities: Effective analytical and problem-solving skills

Excellent communication and presentation skills

Technical expertise in SQL, SAS, or VBA would be an added advantage

Ability to work resiliently and as part of a team

Who WE are AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks

For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it

How

By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward

Learn more at axaxl.com 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 and 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

It’s about helping one another — and our business — to move forward and succeed

Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe

Robust support for Flexible Working Arrangements Enhanced family-friendly leave benefits Named to the Diversity Best Practices Index Signatory to the UK Women in Finance Charter Learn more at axaxl.com/about-us/inclusion-and-diversity

AXA XL is an Equal Opportunity Employer

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

Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations

Our Pillars: Valuing nature: How we impact nature affects how nature impacts us

Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future

We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans

Addressing climate change: The effects of a changing climate are far-reaching and significant

Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption

We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions

Integrating ESG: All companies have a role to play in building a more resilient future

Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business

We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting

AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs

These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving

For more information, please see axaxl.com/sustainability.