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
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 Senior Reserving Actuary, AFR.
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.
AXA XL is an Equal Opportunity Employer.
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