Actuarial Analyst

Actuarial Life Division – Financial Services at AXA Group

The Actuarial Life Division is tasked with the assessment of actuarial reserves according to various standards, including social, IFRS17, and Solvency 2. This division also oversees the modeling within the life actuarial projection tool, which is essential for accurate best estimate calculations under S2 and IFRS17. The life projection model plays a crucial role in evaluating the risks and profitability of our operations, serving as a foundation for all regulatory reporting. It must continuously evolve to meet regulatory updates, accommodate new product launches, or integrate new asset classes, as well as align with new management strategies. Additionally, it is vital to ensure that the model's computation times align with strict production timelines. Regular audits by the ACPR, external auditors, and Group teams may necessitate action plans for remediation.

As a member of the Sunrise Model and Valuation team, you will engage in cross-functional projects supporting all Collective or Individual Life production teams:

• Implement cross-sectional enhancements to the projection model or related tools: updates to ensure compliance with current regulations, optimize STEC or IFRS17 outcomes, or rectify identified discrepancies.
• Suggest advancements in modeling within the Sunrise model (C++) or associated tools (Databricks, Power BI): focusing on automation and code enhancements.
• Facilitate the dissemination of technical expertise within modeling teams through user support and training initiatives.
• Participate in the migration project to the Cloud as a business expert, ensuring that deployment aligns with production processes and monitoring the successful rollout of new tool functionalities.
• Contribute to the management of the internal platform for production teams: optimizing resource allocation and overseeing the resolution of tool-related issues.

Collaboration with other departments such as Investments, Information Systems, and external risk or business teams is essential.

Your Profile

Required Experience and Education

With a specialization in Actuarial Science or a Master's degree in Statistics/Mathematics/Insurance, you possess a minimum of 2 to 3 years of proven experience in insurance model development, ALM, or asset management.

Technical Skills

Proficient in actuarial methodologies and financial modeling.

Expertise in various programming languages utilized in actuarial tools, preferably C++ and Python, with a strong enthusiasm for development.

Interpersonal Skills

The role requires frequent interaction with team users, necessitating a high level of autonomy, initiative, and self-assurance. You should be capable of presenting technical solutions in committee settings and managing the integration of various developments throughout the year.

About AXA
AXA's mission? Every day, we collaborate for human advancement by safeguarding what is important. This purpose inspires and motivates us. As one of the leading global insurance providers in property, personal, and asset protection, AXA employs 160,000 individuals dedicated to serving our clients across 51 countries, reaching over 90 million customers worldwide. As a responsible employer, AXA actively engages in societal and environmental initiatives. We uphold an inclusive policy that recognizes and values individual differences. Do these values resonate with you? Join us in making a difference.

What We Offer
We believe that to effectively support our clients, we must first take care of our employees. The extensive benefits we provide include:

• A comprehensive compensation package that encompasses a fixed salary, variable compensation, bonuses, profit-sharing, stock options, and favorable savings solutions;
• A flexible work environment allowing for up to 3 days of remote work per week (depending on the role), meal vouchers for remote workdays, or contributions towards ergonomic office equipment;
• A policy focused on balancing personal and professional life offering 28 days of paid leave, between 14 and 16 RTT days depending on the year, part-time work options, and paid days off for personal commitments;
• The opportunity to engage in causes that matter to you through our initiatives such as AXA Atout Cœur, AXA Compétences Solidaires, or AXA Prévention;
• And much more including significant skill development and career opportunities, employee benefits, concierge services, exclusive offers, and support for personal challenges.