What will your essential responsibilities include
- Underwriting Unit Reserves Actuary in the Actuarial Financial Reporting team in India, with the responsibility of one of the largest US Casualty line of business within AXA XL division.
- Valuation: Managing reserves across multiple portfolios to ensure accuracy and adequacy of reserve estimates. This includes assessment and review of methodologies and assumptions across the portfolio and drive changes where appropriate. The candidate will have the responsibility to rationalize, document and present their results to companys business and management teams.
- Regular discussions on the portfolios with Head of Reserving and Regional Chief Actuary on the valuation results and claims experience, methods and assumptions used.
- Financial Reporting : Ensure all deliverables are met by the team on a timely basis, to allow for consultation with the business and meet all financial reporting requirements.
- Lead the consulation with underwriters and management regarding experience,
implications for financial reporting and recommendation for areas of consideration through valuation analysis.
- Assess, review and challenge all reserving decisions made in respect of these businesses along with presentation and provision of management information to the management, both internal and external to the reserving team.
- Business Planning and Profitability analsysis : Actively participate in projecting budget loss ratios for the various segments within the line of business. This will be used to assess and forecast the future profitability, providing critical insights to support strategic planning and decision making. The results will be communicated to the companys business and management teams, highlighting implications for profitability at both the business group and segment level.
- Regular evaluation of ongoing profitability of the business feeding into Business Planning considerations, but also to support po
📌 Reserving Actuary (Bengaluru)
🏢 AXA Global Business Services
📍 Bengaluru
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