About the role

Job Description : Specialist Actuarial

Band : A3

AXA GLobal Business Operations (AXA GBS), a part of the AXA Group, was established in 1997 in Bangalore and is a wholly owned subsidiary of the AXA Group, to provide comprehensive range of outsourced back office transactions processing and high value add (such as Equity Analytics, Investment Management, Data Science & Digital Analytics and Actuarial) for the AXA Group Companies. AXA GOBO currently employs over 3,600 people to provide support to the 40+ AXA companies in Europe, North America, Asia, Australia, New Zealand & Japan.

The Actuarial practice at AXA GOBO plays a critical role and is our likely key growth area for the coming years. The team is involved in variety of activities around technical pricing, market pricing, reserving or valuation, experience analysis, shareholder reporting, financial projections and other newtechnical initiatives –all of this undertaken in close collaboration with the various clients that we support. The team serves several AXA entities across the world and is currently engaged in working with entities from North America, Europe, Asia Pacific, and Mediterranean and in the Middle- East region in the Property and Casualty, Life and Healthcare insurance products.

Key Accountabilities : -

· To code actuarial model and integrate, Collaborate with production application teams.

To debug problems, Identify bottlenecks and bugs, and devise solutions to these problems. In general diagnosis and solving problems with application.
Model Maintenance, Actuarial end user application support.
Implement and Integrate in IT activities,
Design and maintain efficient, reusable, and reliable C++ code.
Help maintain code quality, Implement performance and quality modules.
Interacting with clients on regular basis, understanding their requirements and transforming them into a solution framework.
Work on different Life insurance engagements as per client’s requirements such as IFRS17 reporting and valuations, SII reporting and investigate experience variances and assumption/data impact.
Independently analyze project requirements to own and deliver pilot projects / initiatives with very high quality to establish support credibility with AXA Group entities.
Resolving client queries effectively and troubleshoot data issues immediately.
Understanding business problems and translating the business information into dynamic and effective reports or dashboards to generate meaningful business insights

Specific knowledge required : -

Strong proficiency in C++, with fair knowledge of the language specification
Familiarity with templating in C++
Excellent understanding of Self-service Tools, Actuarial & Statistical techniques.
Fair Knowledge of life Actuarial is required.
Well-developed analytical and problem-solving skills
Ability to work on multiple projects at a time.

Position Summary : -

Run and maintain actuarial models.
Perform model validation and testing.
Support IFRS17 and SII valuations and reporting.
Play a critical role in setting up an Actuarial support servicing various AXA Group entitie

REQUIRED QUALIFICATION

Graduate/ Post Graduate in Statistics, Mathematics, Economics, B. Tech, B. Com, or Finance.
Student Member of an Actuarial Society (IAI / IFoA / CAS / SOA)
Should have cleared 4-8 exams

TECHNICAL SKILLS REQUIRED

3-5 years of experience in Life actuarial valuation / modelling role on Prophet
Good hands-on knowledge & experience of working on Excel and R programming is a must for efficient delivery
A flair for programming and an analytical mindset will be a desirable attribute

OTHER SKILLS REQUIRED

Good communication skills & ability to develop effective working relationships with partners
Quick learner and a good team player
Self-driven and assuming complete ownership of deliverables
Good time management skills - meet tight timelines and manage ad-hoc deliverables, if any.
Entrepreneurial with an ability to spot opportunities
Be able to train, coach & mentor others

Shift Timing : - 12:00 to 21:00 IST, may vary as per the requirement.

Life Actuary

About the role