Specialist, AFR (Gurugram)

Specialist, AFR (Gurugram)

21 Aug
|
AXA XL
|
Gurugram

21 Aug

AXA XL

Gurugram

Gurugram, Haryana, India

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Currently at AXA XL, we perform in-depth reserving analysis twice a year, for the Half-Year and Full-Year booking exercises. The reserving analysis is done at the Reserve Class level.

The actuarial reserving is done for each reserve class in total for the AXA XL division. However, this may need to be further split into various granularities for management, additional financial, legal and regulatory reporting purposes.

As part of our drive for continuous improvement in processes, Actuarial Finance Reporting (AFR) have developed a sophisticated solution to allocate IBNR from Reserve Class to any reporting grain. This is in addition to the existing allocation solution and will enable enhanced management information, facilitate better and faster business decisions and easier complement some financial,



legal and regulatory reporting.

The successful candidate will be expected to lead the allocations actuarial work, at any level (branch, marketing segment, geography, etc.), ultimately at the policy level and to develop actionable insights from analyzing the policy level data.

In total, there will be a team of eight people (based out of India) working directly on allocations. The team will work closely with several stakeholder groups. A Steering Committee will oversee the work of the allocations team.

Within the Actuarial Financial Reporting department, this role will be reported to AVP, Reserving Allocations.

What You’ll Be DOING

What will your essential responsibilities include?

Understand the requirements from the key stakeholders and properly document them.
Analyze policy-level data in depth to identify trends across various policy dimensions and levels of detail.
Comment on profitabil

📌 Specialist, AFR (Gurugram)
🏢 AXA XL
📍 Gurugram

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