Life & Savings Actuary - Work location : Madrid

Whatever their stage of life, we provide over 108 million customers with the products and services they need to progress. From insurance to personal protection, and savings to wealth management, no matter the need we’re always there for them. And we’re always there for our employees. In 50 countries, we work hard to inspire pride and a sense of belonging in our people. To provide opportunities that challenge them, inspire them, and reward them. And to create a culture that’s open, supportive, and empowering. Because we know that’s the real secret to success – and the best way for us to keep building a better world for both our customers and the talented people who put them first.

Your work environment:

The headquarters of the AXA Group (GIE AXA) brings together our corporate activities. It provides guidance and support to subsidiaries around the world, to ensure the coordination and monitoring of the Group's global strategy, the application of its standards, the consistency of commercial approaches and the sharing of best practices. The headquarters gathers approximately 1000 employees and is distinguished by its strong international culture (45 nationalities), which makes it a rich and stimulating place to work.

Within the Group, you will join the Group Underwriting department, whose responsibility is to optimize the technical performance of AXA’s product offering while ensuring technical risks are well understood and under control.

Within this Department, you will be part of the team Individual Life and Inforce Life Saving team, in charge of driving Inforce and Individual Life&Saving technical excellence at Group Level.

Your job and daily missions:

JOB PURPOSE

Contribute to the evaluation of the technical performance of Life and Saving product range around the world, drive product technical excellence at Group level and help operational companies implement product-related initiatives

KEY CAPABILITIES

• Ability to work transversally in a large organisation and align multiple stakeholders at all levels
• Highly self-motivated with a good level of autonomy and ability to effectively prioritise
• Ability to effectively convey complex issues into clear and easy-to-understand oral or written presentations in perfect English
• Ability to relate technical metrics to commercial objectives and communicate these objectives effectively to a diverse range of stakeholders including Group senior management.
• Comfortable with complexity and unstructured problem solving

KEY ACCOUNTABILITIES

• Participate to the evaluation of the technical performance of L&S product range
  • Participate to the In-Depth Reviews of AXA subsidiaries’ L&S product ranges (unit linked, general accounts, pure protection products). Key objectives are assessment of the quality of new business, identification of technical issues and comparison to Group standards, as well as monitoring the implementation of associated action plans, using written, oral, and interpersonal techniques depending on the situation.
  • Participate to the Product Reviews of AXA subsidiaries’ L&S products, focussing on the financial assessment of these products using industry and AXA specific metrics, especially IFRS17, and Solvency II-type measures, as well as broader product development assessments.
  • At Group level, provide technical support in the definition of the AXA Group strategy, ensure relevance of the financial KPIs at product level, and support appropriate monitoring of financial and actuarial metrics
• Help AXA’s subsidiaries resolve local technical issues (commercial, product, actuarial or risk management) and implement remedial actions
  • Provide technical support to AXA’s subsidiaries on local technical issues where headquarters assistance brings added value
  • Actively contribute to expert working groups across entities, and ensure best practice sharing and knowledge management in relation to L&S products and pricing
• Help driving product technical excellence at Group level
  • Contribute to the development and maintenance of the standards and guidelines relating to L&S product design, product management and pricing, and their implementation in entities
  • Provide benchmarks for technical excellence in the form of advice, guidance notes, tools and training in actuarial and product subject areas
• Contribute Expert Group communities
  • Contribute actively to the expert Group communities involving operational entities and Corporate center teams. Identify and disseminate best practices across operational entities and provide systematic group support via benchmarks, advice, guidance notes, tools and training

MAIN COMPETENCIES AND EXPERIENCES

Background:

• At least 5 years of experience within life, savings and investments products as an actuary, preferably including experience in more than one country

Technical skills:

• Knowledge of life, savings and investment products design, management and pricing methodologies and tools
• Understanding of life, savings and investment product valuation and solvency principles
• IFRS and financial reporting knowledge desirable

KEY RELATIONSHIPS IN AXA GROUP

• Group Underwriting Committee
• Group Risk Management departments
• Finance departments
• Local Heads of Life, Actuarial Function Holders, Chief Risk Officers and L&S technical specialists in local subsidiaries

Vous rejoignez une entreprise :

Les informations fournies par les candidat(e)s seront traitées de manière strictement confidentielle et utilisées uniquement à des fins de recrutement.

Notre raison d’être chez AXA ? Chaque jour, nous agissons ensemble pour le progrès humain en protégeant ce qui compte. Une mission qui donne le sourire et envie de se lever le matin !

Un des leaders mondiaux de l’assurance dans la protection des biens, des personnes et des actifs, AXA c’est 145 000 collaborateurs et contributeurs qui s’engagent au quotidien pour nos clients, c’est 51 pays dans lesquels nous distribuons nos produits et services et plus de 90 millions de client qui nous font confiance dans le monde. Employeur citoyen et responsable, AXA s’engage au quotidien pour des causes sociétales & environnementales. Nous menons une politique inclusive engagée pour reconnaître et valoriser les différences individuelles. Ces ambitions vous parlent ? Alors venez changer le monde avec nous !

Le siège du Groupe AXA est basé à La Défense (Tour Majunga) et regroupe les activités corporate du Groupe. Il se distingue par une forte culture internationale.