Solvency II Reporting Actuary / Actuarial Analyst

AXA UK; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading global insurance provider is seeking a Senior Reporting Actuary in London. The role involves coordinating Technical Provisions across various entities, delivering insights, and enhancing decision-making processes. Ideal candidates will have a degree, industry experience, and strong Excel and SQL skills. This position requires being in the office three days a week and offers a competitive benefits package.

Benefits

Comprehensive medical plans

Health and wellness programs

Tuition reimbursement

Paid annual leave

Qualifications

• Industry experience with advanced knowledge of the calculation of Technical Provisions ideally with an EU or Lloyds based regulatory background.
• Self-starter, proactive and prepared to operate autonomously.
• Ability to develop, recommend and implement new approaches.

Responsibilities

• Coordinate and calculate the Technical Provisions for varying legal entities.
• Assist in communicating Technical Provisions results and drivers of change.
• Work closely with capital modelling team including Technical Provisions projections.

Skills

Advanced knowledge of Technical Provisions calculation

Intermediate to advanced Excel

SQL Server capabilities

Power BI capabilities

Strong communication skills

Organizational skills

Education

Bachelor’s degree or equivalent experience

Qualified/near qualified as a Fellow of the Institute and Faculty of Actuaries

Tools

Excel

SQL Server

Power BI

Tableau

Oracle

Job description

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance.We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture.As a member of AXIS, you join a team that is among the best in the industry.

At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.

All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.

Senior Reporting Actuary

Job Family Grouping: Actuarial

Job Family: Regulatory

How does this role contribute to our collective success?

This position involves coordinating and calculating the Technical Provisions for the various regulated Insurance and Reinsurance companies of AXIS Capital. A key part of the role will also be delivering data-driven insights and developing comprehensive reports and presentations ensuring both regulatory compliance as well as enhancing decision-making processes.

What will you do in this role?

• Coordinate and calculate the Technical Provisions for the varying legal entities of AXIS Capital (including Ireland, UK and Bermuda).
• Coordinate streamlining of the calculation, providing insight and automation to the calculation model and process.
• Manage and calibrate the Technical Provisions assumption setting cycle.
• Coordinate and produce Technical Provisions inputs to the Quantitative Reporting and National Specific Templates.
• Assist in communicating Technical Provisions results and drivers of change and contribute to the creation of detailed regulatory reports and presentations.
• Work closely and provide Technical Provisions inputs to the capital modelling team including Technical Provisions projections for business planning and stress and scenario testing.
• Liaise with external auditors and consultants in their review of Technical Provisions

You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

About You:

We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experience we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.

What you need to have:

A person in this position should meet the following requirements:

• Bachelor’s degree or equivalent experience.
• Industry experience with advanced knowledge of the calculation of Technical Provisions ideally with an EU or Lloyds based regulatory background.
• Intermediate to advanced Excel, SQL Server, Power BI capabilities; additional experience with Tableau, and/or Oracle or similar applications is a plus but not essential if there is a willingness to learn.
• Qualified/near qualified as a Fellow of the Institute and Faculty of Actuaries, or equivalent.

What we prefer you to have:

• Strong communication and interpersonal skills.
• Self-starter, proactive and prepared to operate autonomously.
• Ability to develop, recommend and implement new approaches.
• Excellent organisational skills and a strong attention to detail.
• Ability to work occasional extended hours as required.

Role Factors:

In this role, you will typically be required to be in the office 3 days per week

What we offer:

You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.