THE COMPANY :

Website : www.axa.com

About the AXA Group :

With - Financial Protection- as its core strength, the AXA Group is one of the world's largest financial services organizations and offers a wide range of financial and investment services to its customers. The main areas of business for AXA are:

- Life Insurance

- Property/Casualty Insurance

- Health Care Insurance

- International Insurance

- Asset Management & Other Financial Services.

Encompassing more than 60 countries and employing over 2,80,000 people, AXA is ranked #1 Global Life Insurer and #4 Global P&C insurer. AXA has over

86 Billion Euros in revenue and over 800 Billion Euros of assets under management.

About AXA Business Services, India :

AXA Business Services, a part of the AXA Group, was established in 1997 in Bangalore and is a wholly owned subsidiary of the AXA Group, to provide comprehensive range of outsourced back office transactions processing and high value add (such as Analytics and Actuarial) for the AXA Group Companies.

- AXA Business Services currently employs over 2,500 people to provide support to the AXA companies in Europe, North America, Australia, New Zealand & Japan.

- With over 2,500 highly skilled specialized associates across Bangalore & Pune it offers unrelenting focus on process excellence and rigor to deliver year-over-year productivity improvements and business impact through high end services for maximum impact to the bottom line.

- By improving customer satisfaction scores, optimizing capital use and reducing operational expenditure, AXA Business Services offers far-reaching and positive impact on AXA's shareholder value.

AXA Business Services wide basket of services caters to requirements across various segments in :

Insurance (Life, P & C, Health) :

- Policy Servicing / Closure

- Claims Management

- Recoveries & Payments

- Inbound Customer Service

- Outbound Telemarketing

Finance & Accounting :

- Credit Control

- Banking & Reconciliation

- Accounting & Reporting

- Installments

- Accounts Payable

Asset Management :

- Investor Client Account Administration

- Fund Account Maintenance

- Compliance Coding

- Custodial Recons.

Research, Analytics and Actuarial :

- Business Research

- Statistical Modeling

- Investment Research, Reporting and Analysis

- MIS / Reporting

- Actuarial Services

THE POSITION :

Position Summary :

Process Brief :

- Actuarial Services team in AXA Business Services (AXA BS) was established in 2005 to provide value added actuarial support to different AXA entities globally

- This team is a part of the Analytics Centre of Excellence at AXA BS

- Over the years-the team has evolved firmly establishing itself as an integral part of different AXA group entities

- The team today is involved in serving the AXA operating companies across Health Insurance, Life insurance and Property & Casualty insurance

- The team has now embarked on the next growth phase entailing new opportunities identification and converting proof of concepts into new engagement support services for AXA BS

THE Person :

Position Summary :

- The resource would be a key member of the Actuarial Services team and would work in close collaboration with teams in AXA entities

- Play a critical role in setting up Health Actuarial support platform servicing various AXA Group entities by adapting to new tools & technologies such as Emblem, use of GLMs, etc., in the Health space and assisting in market research for new business opportunities

- Fortify existing AXA BS Actuarial practice supporting globally where AXA has a presence across Health domains

Key Accountabilities :

- Interacting with clients on regular basis, understanding their requirements and transforming them into a solution framework

- Work and deliver on modeling support for pricing, reserving, data analytics, trend analytics, etc.

- Work on different health insurance engagements as per client's requirements

- Independently analyze project requirements to own and deliver pilot projects / initiatives with very high quality to establish support credibility with AXA Group entities

- Become a trusted partner for AXA Group entities - engage for capability showcase including visiting entities for opportunity assessment, discussions and piloting solutions

- Resolving client queries effectively and troubleshoot data issues immediately

- Understanding business problems and translate the business information into dynamic and effective reports or dashboards to generate meaningful business insights

Position Related Experience :

- Student Member of Actuarial Society (India/UK/SOA)

- 5-6 years of work experience in Health Insurance in Actuarial domain, specific to pricing, valuation, etc.

- Should be in a position to provide technical guidance to the health insurance team and be able to resolve any issues that arise so that deliverables are met

- Knowledge of healthcare domain, health data & claims, is required

Technical Experience :

- Excellent understanding of Actuarial & Statistical techniques and pricing methodologies / tools, e.g., GLM

- Working knowledge of database / statistical analysis language such as SAS / SQL

- Working knowledge and experience with developing MS Excel, VBA, and Access based tools for data reporting and analytics

- Knowledge of trend analytics and projection techniques

- Knowledge of product development and valuation will be an added advantage

- Awareness of recent industry developments in Health Actuarial domain

- Well-developed analytical and problem solving skills

- Ability to work on multiple projects at a time

- Ability to work in an international environment

Soft Skills Required :

- Excellent communication & customer management skills

- Ability to manage multiple stakeholders across different geographies

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