Specialist Actuary, Reserving Afr

AXA; Croydon; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A global insurance leader is looking for a new or nearly qualified actuary to join their actuarial reserving function. This role involves performing actuarial analytics, supporting reserve recommendations, and collaborating with cross-functional teams. The ideal candidate will have strong analytical skills, experience with actuarial reserving software, and excellent communication abilities. This position offers flexible working arrangements and numerous family-friendly benefits, ensuring a supportive work environment.

Benefits

Flexible working arrangements

Enhanced family-friendly leave benefits

Diversity and inclusion programs

Health and wellbeing programs

Qualifications

• New or nearly qualified actuary with a relevant professional body.
• Working knowledge of actuarial reserving software and programming languages.
• Ability to multi-task and work effectively in a fast-paced environment.
• Excellent written and verbal communication skills.

Responsibilities

• Perform actuarial analytics to provide insights and reserve recommendations.
• Evaluate ongoing profitability for business reviews.
• Support analysis and prepare reserve forecasts.
• Collaborate with cross-functional teams for insights and recommendations.

Skills

Actuarial analytics

SQL

PowerBI

Analytical skills

Communication skills

Project management

Excel

PowerPoint

Attention to detail

Team player

Education

Qualified actuary with Institute of Actuaries UK or equivalent

Tools

ResQ

Job description

The successful candidate will be a key member of the actuarial reserving function at AXA XL, reporting directly to the Head of Management Reporting Corporate Actuarial.

Responsibilities

• Perform actuarial analytics at the insurance segment and AXA XL division level to provide insights into emerging trends and assist with reserve recommendations.
• Evaluate ongoing profitability of key businesses for regular business reviews, supporting portfolio management and strategy.
• Support analysis and preparation of reserve forecasts for the division to provide early indication of expected reported numbers.
• Consolidate reserve analysis and results performed by the reserving teams across the division.
• Review and challenge the rationalization for material reserve movements and impacts in the quarter.
• Assist with reporting of analysis and results to the AXA XL Reserve Committees, Board of Directors, AXA Group and other internal/external parties.
• Collaborate with cross‑functional teams to provide actuarial insights and recommendations.
• Contribute to the development of the AXA XL business plan each year, including reporting to AXA XL Division and AXA Group management.
• Research and learn about new reserve, reserve‑risk, and claim analytics methodologies, developing new and creative solutions to actuarial issues.
• Analyse project requirements to own and deliver projects/initiatives with very high quality.

Qualifications

• New or nearly qualified actuary with the Institute of Actuaries UK, or a recognised equivalent professional body (e.g. CAS).
• Working knowledge of actuarial reserving software such as ResQ and/or other programming languages (e.g. SQL) and visualisation tools (e.g. PowerBI).
• Excellent analytical and problem‑solving skills with the ability to interpret and present complex data.
• Ability to multi‑task and work effectively in a fast‑paced team environment.
• Excellent written and verbal communication skills, including presentation skills.
• Effective project management and leadership capabilities.
• Outstanding computer application skills, specifically Excel and PowerPoint.
• Keen attention to detail.
• Adaptable and keen to learn.
• Team player.

Benefits and Opportunities

• Robust support for flexible working arrangements.
• Enhanced family‑friendly leave benefits.
• Participation in five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability, and inclusion, with 20 chapters worldwide.
• Recognition as a Diversity Best Practices Index nominee and a signatory to the UK Women in Finance Charter.
• Access to total rewards programmes covering health, wellbeing, lifestyle and financial security.

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origin, marital status, religion, disability or any other protected characteristic. AXA XL is an equal opportunity employer.