Creditor and Warranty Actuarial Manager
- Location:
- Ipswich jobs
,
Suffolk jobs
- Salary:
- Competitive
- Company:
- AXA
- Job type:
- Permanent jobs
- Date posted:
- 21/11/2009 12:05
- Job id:
- 45883693
- Contact:
- unspecified
- Ref:
- Totaljobs/AXAUK2514
Creditor and Warranty Actuarial Manager - Reporting to the Head of Personal Lines Actuarial, your role will be to manage the Creditor and Warranty Actuarial function to provide technical expertise on pricing, reserving and performance monitoring.
The role
- You will use actuarial judgement to derive adequate level of technical reserves and assess the current year loss ratios for Creditor and Warranty business.
- You will estimate current and future years' loss ratio taking into account developments across AXA Insurance and the UK insurance sector.
- You will advise SBUs on premium rate structures which meet AXA's strategic and financial objectives for Creditor and Warranty business.
- You will assess product profitability and the performance of Creditor and Warranty business.
- You will challenge Underwriting, Distribution and Reinsurance decision-making and identify business opportunities.
- In conjunction with the relevant Finance Business Partner, you will support and challenge the strategy in respect of Creditor and Warranty business to add value and ensure decisions are soundly based.
- Overall, you will help to develop the strategy of the Creditor and Warranty business lines and drive strategic direction and decision making.
Skills, knowledge and behaviourKey
- Typically, you will be a qualified actuary.
- Alternatively you will have a financial/actuarial/general insurance professional qualification or be able to demonstrate equivalent technical expertise and insurance knowledge to fulfil key accountabilities for the role.
- You will have experience of managing functional objectives and an ability to work cross-functionally.
- You will demonstrate effective communications, influencing and strong relationship building skills ? both within and outside Finance and Actuarial
Other
- You will have the ability to grasp the significance and meaning of a range of technical and complex issues
You will have:
- Strong business acumen
- Experience of managing medium sized projects
- Substantial product and industry knowledge and understanding of regulatory framework
- Advanced level knowledge of Word, Excel, Visual Basic, SAS and other actuarial tools
- Ability to work under pressure and to strict deadlines whilst maintaining reliability and accuracy.
What will you get from this role?As well as the exciting opportunity to join a rapidly growing and stable team, you will be entitled to the following:
- Competitive base salary.
- Discretionary annual performance bonus - on target 11%, max 27.25%.
- Private Medical Insurance (PPP Healthcare)
- Pension scheme
- 28 days holiday, plus the opportunity to trade/buy an extra 3 days.
- Childcare vouchers
- Give as you earn to charity.
- Life Insurance 4 x base salary.
- Discount of up to 25% on all AXA insurance products.