Within AXA Health Solutions Actuarial Function, we ensure the technical commitments and results in accordance with various standards: Social, IFRS 17, and the Solvency II balance sheet. The Statutory Actuarial Reporting team is responsible for providing elements on three areas: Social view reporting, assumptions setting for IFRS 17 and SII, and reserving.
The team covers commitments related to Death, Disability and Health benefits of AXA Health Insurance and AXA Health Re. It consolidates various business groups for the executives and the investors to provide the extra piece of what happens once the reserve is calculated.
The department brings together multidisciplinary teams composed of actuaries, financial specialists, and insurance technicians.
Key Responsibilities
Core responsibilities:
- Contribute to regular statutory accounting reports, and forecasts/budget/plan
- Review results for reasonableness and coordinate with business line managers to prepare for top management questions
- Prepare assumptions for IFRS 17 and SII
- Prepare results and technical assumptions presentations for different committees, ensure the Profit and Loss is understood and well explained to all internal clients
- Contribute to the actuarial report
Other responsibilities:
- Participate in improving the reporting processes, tools, and estimation methods (tool architecture, defining inputs and outputs)
All these responsibilities will also give you the opportunity to interact regularly with various internal stakeholders (Business Teams, Management Control, Internal Control, Internal Audit, Risk Management, IT), Group functions (Management Control / Actuarial Function).
This function interacts with:
- IFRS 17/S2/NBV team who produces the reports in these different norms
- Reinsurance Operations who process reinsurance payments
- General accounting team who puts together all the pieces to deliver final financial statements
- Financial controlling team who leads forecasts and plan/budget processes
