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AXA Business Services

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3.9

based on 1.4k Reviews

79 AXA Business Services Jobs

Senior Actuarial Specialist, AFR

AXA Business Services Pvt Ltd

3.9

based on 1.4k Reviews

7-8 years

Gurgaon / Gurugram

1 vacancy

Senior Actuarial Specialist, AFR

AXA Business Services

posted 14hr ago

Job Role Insights

Flexible timing

Key skills for the job

Data Analytics SQL Clinical SAS Programming Analytical Chemistry Business Strategy Performance Management

+ 3 more

Job Description

Senior Actuarial Specialist, AFR
Gurgaon, Haryana, India

We 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 clients 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

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.

Manage a team/line of business for quarterly/half-yearly/annual valuations for the company s reserves to ensure they are sufficient to meet future obligations.

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.

Regular discussions with line of business actuary on the claims experience, methods and assumptions used.

Present findings to senior management and stakeholders.

Provide actuarial insights on strategic initiatives and other business/results communications, as requested.

Provide additional insights on business specific issues considering latest rates, inflation environment and other trends.

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

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.

Research & Development: Research/Learn about new Reserve/Reserve Risk/claims analytics methodologies and develop new and creative solutions to actuarial issues.

Independently analyzing project requirements to own and deliver projects/initiatives with very high quality to establish support credibility.

Understanding business problems and translating business information into dynamic and effective reports or dashboards to generate meaningful business insights.

Analyze and apply technical information to practical situations and assess opportunities for improvement.

Managing teams and ensuring feedback of team members.

You will report to Senior Actuarial Lead, AFR.

SHARE your talent
We re looking for someone who has these abilities and skills:

Required Skills and Abilities:

Qualified / nearly qualified Actuary.

Outstanding analytical and modeling capabilities with research and problem-solving skills.

Ability to handle multiple priorities and tight deadlines and be responsible for priorities and deadlines for others.

Develop and use collaborative relationships to facilitate the accomplishment of work goals.

Ability to work with minimum supervision and problem-solving ability.

Experience in statistical analysis software or predictive modeling will be an added advantage.

Team management experience including basic managerial skills, coaching and development, performance management, etc.

Ability to work independently or as part of a team.

Ability to review the work of others for accuracy and completeness.

Innovative and result-orientated.

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

FIND your future

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.

HowBy 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.

Learn more at axaxl.com

Inclusion & Diversity

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 a diverse workforce enable business growth and are critical to our success. That s 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. 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.

Our Pillars:

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. Were 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.