Life and Health Actuary

beBeeActuary; Madrid; Presencial; EUR 65.000 - 85.000; Jornada completa

Descripción de la vacante

A multinational insurance firm in Madrid is seeking a Senior Insurance Professional to join their team. This role focuses on actuarial analysis and compliance with IFRS 17 standards, specifically in Life and Health insurance. Candidates should be motivated and experienced in financial forecasting and regulatory compliance. Opportunities for impactful analysis and support to various entities are available.

Formación

• Highly motivated and experienced in Life and Health insurance.
• Familiarity with IFRS 17 standards.
• Ability to perform deep dive analysis for top management.

Responsabilidades

• Work with Controlling team on forecasting financial processes.
• Provide support to Life & Health entities on reporting methodology.
• Perform specific analysis for product profitability.

Conocimientos

Actuarial analysis

Financial forecasting

Regulatory compliance

Educación

Relevant degree in actuarial science

Descripción del empleo

Senior Insurance Professional

• This is an opportunity to join a multinational and dynamic team with high skilled members driving the performance of AXA International Markets as one of the growth engines of the AXA Group.
• We are looking for a highly motivated and experienced Senior Actuary specializing in Life and Health insurance to support our IFRS 17 initiatives for International Markets.
• The role will involve monitoring compliance with group reporting standards, analysing actuarial data, and assisting in the standardization of actuarial practices across the IMa while reporting to the Actuarial Function Holder.

Key Responsibilities

• Work with the Controlling team on the forecasting financial processes (budget / strategic plan / MBR) to (i) set / track the ambitions, (ii) understand the underlying business growth and profitability (ECR / pricing adequacy monitoring) / cash in IFRS17 / Solvency 2 (e.g., new business CSM and payback period, Earnings, Return on Equity), and (iii) define the required actions / steer the business (e.g., repricing, business mix change, credited rate management, reinsurance).
• Provide support to Life & Health entities on AXA Actuarial reporting methodology and processes and improve coordination and follow up on actuarial reporting process with Group PBR team, INM PBR L&S and INM RM L&S
• Perform specific deep dive analysis for the top management (e.g., analysis of product profitability or distribution network performance, definition / evolution of technical performance indicators, capital consumption of new business or specific line of business).

Regulatory Role

• Provide an opinion (i) on the overall underwriting policy, (ii) on the adequacy of reinsurance arrangement, and (iii) coordinate the calculation of the technical provisions, ensure the appropriateness of underlying models and methodologies, assess sufficiency and quality of data, compare Best Estimates against experience.
• Coordinates the process gathering the local entities' 1st and 2nd opinions on reserves.
• Contributes to the