Financial Actuary – Embedded Value & Solvency II - (F/H)

Job description

PBRC Actuarial team is part of PBRC Actuarial and Accounting Norms, a center of expertise on Reporting Standards extending from GAAP (IFRS) to industry standards (Embedded Value) and regulatory standards (Solvency II).

PBRC Actuarial is in particular in charge of the reporting process of economic KPIs which are mainly part of Embedded Value and Solvency II frameworks.

As a Senior Financial Actuary, your main missions will be the following:

· Production of the “Embedded Value and AFR report ”, annual report published on axa.com website for investors. This report, which is a pillar of financial communication, contains elements relating to (i) AXA Group Solvency II Own funds, (ii) Free Cash Flows – cash generation, and (iii) the value of new business and its economic return (NBV & IRR). In addition, these indicators were widely used for "Ambition AXA".

· Monitor AXA Group Solvency II Own funds , On quarterly basis, prepare the instructions, provide technical support, control and consolidate figures and produce the deliverables for the top management and other departments.

· Contribute to the animation of the Financial actuarial family notably via the PBRC Actuarial forum. This forum is a place for exchanges with the entities to improve and share best practices between entities.

· Update the methodological frameworks . The team oversees 4 methodological manuals on EEV and Solvency II valuations that are shared with local entities. In addition, the team trains new employees within the GIE and entities during training seminars.

· Responsible of financial actuarial data and the production of analyzes for other GIE departments. The main departments are DCFG for capital management, GRM for risk management, and Investor Relations for financial communication.

Desired profile

Qualifications :

Technical skills:
·  General knowledge in actuarial (valuation, ALM), finance (financial assets, financial modeling & valuation), statistics;
·  Knowledge in life & non-life insurance business;
·  Knowledge in reporting standards in insurance: statutory, IFRS, EV, Solvency 2;
·  Good capacity of analysis and synthesis.
·  Good general knowledge in products
Soft skills:
·  Writing, presentation and communication skills;
·  Results oriented;
·  Autonomy;
·  Fluent English.
Experience:
·  First experience in a finance department of an insurance company or consultancy / audit (e.g. actuarial department, Risk Management, ALM department).