Job Description

Senior Actuarial Specialist, AFR
Gurgaon, Haryana, IndiaWe invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clientsxe2x80x99 potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters. We are seeking a highly skilled and experienced Qualified/Nearly qualified Actuary to join our Property & Casualty (P&C) Reserving team. The successful candidate will play a critical role in the analysis, estimation, and reporting of reserves for our P&C insurance products. This position requires a deep understanding of actuarial principles, advanced statistical methods, and regulatory requirements. The ideal candidate will have excellent analytical, communication, and leadership skills, with a proven track record in the P&C insurance industry.DISCOVER your opportunity
What will your essential responsibilities include?xc2xb7 Candidate is expected to work on multiple analytics projects for P&C insurance related to Reserving- Valuation/ Claim Analysis and other Actuarial Projects for the team.xc2xb7 Manage a team/line of business for quarterly/half-yearly/annual valuations for the companyxe2x80x99s reserves to ensure they are sufficient to meet future obligations.xc2xb7 Liaise with the business partners on claims, underwriting and pricing side to understand the business strategies and market environment to ensure these are considered in the reserve projections.xc2xb7 Regular discussions with line of business actuary on the claims experience, methods and assumptions used.xc2xb7 Present findings to senior management and stakeholders.xc2xb7 Provide actuarial insights on strategic initiatives and other business/results communications, as requested.xc2xb7 Provide additional insights on business specific issues considering latest rates, inflation environment and other trends.xc2xb7 Ensure adherence to internal guidelines and processes in all the analysis and results.xc2xb7 Use of analytics including the development of analytical tools, analysis of insurance risk, and general support for risk analytics and predictive modeling in the company.xc2xb7 Research & Development: Research/Learn about new Reserve/Reserve Risk/claims analytics methodologies and develop new and creative solutions to actuarial issues.xc2xb7 Independently analyzing project requirements to own and deliver projects/initiatives with very high quality to establish support credibility.xc2xb7 Understanding business problems and translating business information into dynamic and effective reports or dashboards to generate meaningful business insights.xc2xb7 Analyze and apply technical information to practical situations and assess opportunities for improvement.xc2xb7 Managing teams and ensuring feedback of team members.You will report to Senior Actuarial Lead, AFR.QualificationsSHARE your talent
Wexe2x80x99re looking for someone who has these abilities and skills:Required Skills and Abilities:xc2xb7 Qualified / nearly qualified Actuary.xc2xb7 Outstanding analytical and modeling capabilities with research and problem-solving skills.xc2xb7 Ability to handle multiple priorities and tight deadlines and be responsible for priorities and deadlines for others.xc2xb7 Develop and use collaborative relationships to facilitate the accomplishment of work goals.xc2xb7 Ability to work with minimum supervision and problem-solving ability.xc2xb7 Experience in statistical analysis software or predictive modeling will be an added advantage.xc2xb7 Team management experience including basic managerial skills, coaching and development, performance management, etc.xc2xb7 Ability to work independently or as part of a team.xc2xb7 Ability to review the work of others for accuracy and completeness.xc2xb7 Innovative and result-orientated.xc2xb7 Technical expertise in SQL, SAS, or VBA would be an added advantageFIND your futureAXA 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 donxe2x80x99t 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 xe2x88x92 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 atInclusion & DiversityAXA 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 a diverse workforce enable business growth and are critical to our success. Thatxe2x80x99s why we have made a strategic commitment to attract, develop, advance, and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and reach their highest potential. Itxe2x80x99s about helping one another xe2x80x94 and our business xe2x80x94 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 . AXA XL is an Equal Opportunity Employer.SustainabilityAt 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 xe2x80x9cRoots of resiliencexe2x80x9d, 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 xe2x80x93 are essential to our future. Wexe2x80x99re committed to protecting and restoring nature xe2x80x93 from mangrove forests to the bees in our backyard xe2x80x93 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. Wexe2x80x99re 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 XLxe2x80x99s xe2x80x9cHearts in Actionxe2x80x9d programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day xe2x80x93 the Global Day of Giving.

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

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