Senior Specialist, AFR

Specialist 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. As a Specialist Actuary, you will play a key role in multiple analytics projects within Property & Casualty insurance and reinsurance, focusing on Reserve Risk and related actuarial initiatives. You will collaborate closely with reserving and capital modelling actuaries to estimate the variability in booked reserves, apply Solvency II insights, and develop innovative methodologies. Your work will contribute directly to strategic decision-making across Reserving, Capital Modelling, and Group Risk Management. As a part of a small team globally looking at reserve risk and you will have the chance to directly contribute to the decision-making process.

What you'll be DOING

What will your essential responsibilities include?

• Deliver multiple projects for P&C insurance and reinsurance, focusing on Reserve Risk and other actuarial initiatives.
• Apply Solvency II directives and translate their implications for Technical Provisions and Reserve Risk across AXA XL and its entities.
• Assess reserve variability across divisions and entities; identify key uncertainty drivers and report findings to stakeholders.
• Develop and refine approaches to estimate reserve variability, and implement and validate stochastic methodologies.
• Liaise closely with stakeholders across Reserving, Capital Modelling, and Group Risk Management to align priorities and deliverables.
• Support Risk Analytics through the development of analytical tools, risk analyses, and predictive modelling capabilities.
• Drive research and development initiatives in Reserve/Reserve Risk and claims analytics; deliver innovative actuarial solutions.
• Maintain method and calibration documentation, model parameter libraries, and contribute to management information packs, expert judgments, and variance analyses.
• Apply technical information to practical situations, identifying opportunities for process improvement and innovation.
• Ensure high-quality outputs that establish credibility with stakeholders and senior management.
• Actively train and hold knowledge sharing sessions with new/ junior team members.

You will report to Actuary (AVP).

What you will BRING

We're looking for someone who has these abilities and skills:

Required Skills and Abilities:

• Education: Undergraduate degree required.
• Actuarial credentials: Qualified/ nearly qualified Actuary from the Institute of Actuaries of India or the Institute and Faculty of Actuaries (UK). Progress toward additional exams is highly desirable.
• Domain experience: Relevant years of experience in the actuarial field, preferably in reserving and/or capital modeling with in-depth understanding of insurance reserving concepts and actuarial control cycles.
• Technical skills: Robust Excel, Word andpresentational skills and familiarity with other analytical tools (e.g., VBA, SQL, Python/R) is a plus.
• Mindset and approach: Willingness to confront the status quo and continuously improve existing frameworks and attention to detail with a keen eye for accuracy and quality in all work.
• Communication: Robust oral, presentation, and written communication skills.
• Analytical capability: Good analytical and problem-solving ability. Proven modeling, analytical, and research/problem-solving abilities.
• Work management: Ability to handle multiple priorities and tight deadlines; comfortable taking ownership of priorities and deadlines for oneself and, as needed, for others.
• Collaboration: Ability to develop and leverage collaborative relationships to achieve work goals.
• Team building: Mentorship and training skills with the ability to transfer knowledge across teams.

Desired Skills and Abilities:

• Additional actuarial credentials or advanced degree.
• Experience in stochastic modelling, risk analytics, predictive modelling, or analytical dashboard development.
• Experience in statistical analysis or predictive modelling.
• High level of autonomy and problem-solving ability.
• Outstanding team collaboration and resilience under pressure.
• Quality review, accuracy, and innovation orientation.
• Technical proficiency in SQL, SAS, R, or VBA.

Who WE are

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.

How? By 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.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at

What we OFFER

Inclusion

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 enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a 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   AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL's Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We're committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our Sustainability strategy, called "Roots of resilience", focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We're committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• 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. We're 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.

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