Financial Actuary –Solvency II, IFRS 17

Financial Actuary –Solvency II, IFRS 17 (24000718)

Primary Location

: FRANCE-92-PUTEAUX

Organization

: GIE AXA

Contract Type

: Regular

Shift

: Day Job

Schedule

: Full-time 

Description

Whatever their stage of life, we provide over 108 million customers with the products and services they need to progress. From insurance to personal protection, and savings to wealth management, no matter the need we’re always there for them. And we’re always there for our employees. In 50 countries, we work hard to inspire pride and a sense of belonging in our people. To provide opportunities that challenge them, inspire them, and reward them. And to create a culture that’s open, supportive, and empowering. Because we know that’s the real secret to success – and the best way for us to keep building a better world for both our customers and the talented people who put them first.

Your work environment:

The headquarters of the AXA Group (GIE AXA) brings together our corporate activities. It provides guidance and support to subsidiaries around the world, to ensure the coordination and monitoring of the Group’s global strategy, the application of its standards, the consistency of commercial approaches and the sharing of best practices. The headquarters gathers approximately 1000 employees and is distinguished by its strong international culture (45 nationalities), which makes it a rich and stimulating place to work.

Within the Group, you will join the Finance department. This department is dedicated to preparing, analyzing and commenting on the financial information that is delivered to Group Management (Group CEO, Group CFO and Group Board) and to external parties (shareholders, analysts, auditors and supervisors). This department is under the control of AXA Group CFO.

Within this Department, you will be part of the The Group Financial Controlling team, called “PBRC” (Planning, Budget, Results, Central) and is based in two locations, Paris & Madrid. PBRC is the owner of many major Finance processes at Group level and responsible for the analysis and monitoring of IFRS and Solvency 2 actual accounts and forecast analyses, and for the production of the Group annual report, including the MD&A, Financial Supplement and Financial Statements. PBRC is also in charge of reassessing the relevance and content of financial indicators, setting new KPIs when necessary, and leading the “PBR” family within the Group.

Within the PBRC Department, the PBRC Actuarial Financial reporting team is notably in charge of:

• Solvency II
• Producing the Solvency II Own Funds report published on axa.com website for investors. This report is a pillar of financial communication.
• Forecasting Solvency II trajectory and produce quarterly Solvency II disclosures.
• Contributing to AXA’s ORSA report, AXA’s SFCR and AXA’s RSR
• Contributing to M&A activities and other capital management related to Solvency II Capital.
• Regulatory and lobbying activities
• Updating Solvency II methodological frameworks. The team oversees 4 methodological manuals on Solvency II valuations that are shared with local entities. In addition, the team trains new employees within the GIE and entities during training seminars.
• Solvency II revision, EIOPA financial and Climatic stress tests
• CFO, CRO forum task forces. Contribute to the ICS.
• Animation of the Financial Actuarial family
• Organization of the PBRC Actuarial forum. This forum is a place for exchanges with the entities to improve and share best practices between entities
• Leading quarterly Solvency II and IFRS17 Model & Assumptions changes meetings and presenting major ones to the Group CFO and CRO during the Solvency II committee.
• Transversal actuarial análisis

Core activities

The core activities that are under the responsibility of the holder of the position are:

• Solvency II topics
• Animation of the Financial Actuarial family

Qualifications

What you’ll need to succeed in this role:

Technical and professional skills:

• Knowledge in Solvency 2 and/or IFRS disclosures Ability to understand different reporting frameworks in insurance
• Visionary in terms of technological and operational solutions

Soft skills and competencies:

• Good communication skills to maintain good relationship with the various stakeholders and influence in decision making to reach project / team objectives
• Ability to work in a multicultural environment with stakeholders of very different backgrounds (eg. business, IT) and countries
• Analytical mindset
• Ability to accept to be challenged and to have to justify positions
• Open minded, ability to explore new solutions
• Ability to animate projects with entities
• Fluent level of operational English

Profession and educational background 

Professional experience:

• Preferably 2-5+ yrs of successful experience in Solvency 2/IFRS disclosures/reporting areas or in financial consulting with insurance topics

Academic background:

• Master degree in Actuarial, Finance, Economics or in Business Administration

About AXA Why AXA ? Every day, we work together for human progress by protecting what matters. A mission that puts a smile on your face and makes you want to get up in the morning !

One of the world’s leading insurers in the protection of property, people and assets, AXA is 145,000 employees and contributors who are committed to our customers on a daily basis, 51 countries in which we distribute our products and services and more than 90 million customers who place their trust in us worldwide. As a responsible corporate citizen, AXA is committed to social and environmental causes on a daily basis. We are committed to an inclusive policy that recognizes and values individual differences. Do these ambitions speak to you ? Then come and change the world with us !

The headquarters of the AXA Group is based in Paris – La Défense (Majunga Tower) and brings together the Group’s corporate activities. It is distinguished by its strong international culture.

What We Offer You will join:

• A responsible company, towards people, including its employees and customers, and towards the planet
• A company with strong values
• A company promoting internal mobility and the training of its employees
• A company offering many benefits (learn more here: Reward & Benefits vacanciesin.eu AXA Group)
• A flexible company, allowing hybrid work, in the office and from home.

The information provided by applicants will be treated as strictly confidential and used for recruitment purposes only.

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