Reserving Second Opinion Actuary

**Job Description**:
**Reserving Second Opinion Actuary**

Paris or Dublin

This position is part of the AXA XL Risk Management team which is organized in several Centers of Excellence (Actuarial Risk, Underwriting Risk, Risk Governance and Control, Financial and Market Risk and Catastrophe Risk). This role is part of the Reserving team of the Actuarial Risk Center of Excellence, and based in APAC Europe.

The Risk Management team is a strategic department within AXA XL dealing with the most difficult P&C challenges and influencing strategic decisions in operations of a leading international Commercial Lines and Reinsurance company.

The actuarial analysis and valuations carried out by the Reserving Risk Management team cover all technical provisions, for the full range of AXA XL’s lines of business, on a worldwide basis.

**What you’ll be DOING**

What will your essential responsibilities include?
- Conduct regular technical and reserve valuation analyses across relevant lines of business. Develop and select reserving assumptions and methodologies. Review, challenge and ensure their appropriateness including through the development and identification of appropriate validation measures. Identify any areas of uncertainty and estimate their potential impacts. Produce reserve estimates.
- Provide AXA XL and Group Senior Management with an independent opinion on AXA XL’s Technical Reserves and profitability. In particular, two annual reserve assessments are performed (for the half-year and full year closings). Conclusions are presented to the AXA XL “Division” and “Regional Entities” (e.g. APAC Europe) Senior Management, as well as to the AXA Group.
- Act as a Subject Matter Expert on reserving issues relating to AXA XL’s APAC Europe Insurance and Reinsurance lines of business
- Contribute to transversal profitability reviews and the performance, from time to time, of deep dive analysis on specific Lines of Business, together with the Underwriting team. Contribute to Risk Management’s opinion on the Business Plan loss ratios.
- Present, explain and justify results, as required, to Actuarial Reserving and Pricing Teams
- Actively contribute to improving team processes and working practices by developing tools to meet new needs, and enhancing existing tools to improve efficiency, reliability, and functionality.
- Contribute to any regulatory requirements, be involved in internal projects (e.g. IFRS 17) as far as claims and reserving are concerned.
- Ensure that reserving policies, processes and procedures locally meet standard requirements.
- Develop close relationships with the first line Reserving team (AFR), Claims, Underwriting and Reinsurance departments to follow-up regularly on trends, claims evolutions, emerging risks, profitability and reserving evolutions.

You will report to AXA XL Head of Reserve 2nd Opinion.

**What you will BRING**

We’re looking for someone who has these abilities and skills:
**Required Skills and Abilities**:
**Technical and professional skills**

- Qualified actuary with 2+ years’ post qualification experience or equivalent
- Technical P&C actuarial expertise in reserving and modelling. Specific expertise in P&C commercial and corporate insurance long-tail insurance reserve risks.
- Good understanding of Underwriting, Claims and Reserves assessment connections.

**Soft Skills**

- Excellent interpersonal and organisational skills.
- Capacity to solve problems and put things into perspective.
- Good written and verbal communication skills.
- Ability to work independently using own initiative and be a good team player. Ability to manage multiple tasks simultaneously within the team to tight deadlines.
- Capacity to adapt to new situations and a keen ability to enhance/organize team working practices.

**Experience**

- Significant experience in P&C actuarial fields, with a strong reserving background.
- Demonstrated development and/or enhancement of actuarial tool and modelling capabilities.
- Experience in the P&C commercial and corporate insurance market and specialty risks. Experience in the the assumed reinsurance business market is a strong asset.

**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.

**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