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Actuarial Officer job in Makati City

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Makati City AXA Group

Job Ref:  2400005S
Employer:  AXA Group
Sector:  Health Insurance
Investment
Life Insurance
P&C/General Insurance/Non-Life
Qualifications:  Unclassified
Job Type:  Full Time
Salary and Benefits:  Competitive
Remote:  No

Location

Country:  Philippines
City:  Makati City
Post Code:  Not specified
Map: 

Description

  • Measurement of Insurance Provisions
    • Prepare data input, valuation results, summary insurance provisions for recording in financial statements, in timely, accurate, complete and consistent manner.
    • Produce and handle accountabilities and recoverable on reinsurance ceded on the company's business.
  • Analyses of Profitability
    • Prepare profitability analyses on new as well as in-force business.
    • Apply the following framework:
      • AIFRS, for analysis of profits
      • AIFRS, for dividend and other crediting rate study
      • EEV, for value of new, in-force and total business
    • Manage relevant work streams with AXA Group Operations Malaysia team
  • Modeling
    • Adequately capture elements of total company modeling both inside or outside of CAMP (centralized actuarial modeling platform) to produce company financial projections.
  • Financial business analysis
    • Analyze the performance of the company versus competitors' performance and collect appropriate and relevant data to update existing strategies or propose new plans based on sound information to help the company improve performance and achieve set targets


  • Graduate of BS Mathematics, BS Accountancy, BS Statistics, or other related courses
  • At least two (2) years' experience in life insurance finance or similar experience
  • Detail-oriented
  • Delivers outputs on schedule
  • Highly developed analytical and problem solving skills
  • Able to collaborate effectively with customers and/or colleagues outside own team structure


A global leader in insurance and investments, AXA takes care of 103 million lives in 64 countries worldwide. We actively invest in pioneering and personalized solutions to meet your ever-changing needs and exceed your expectations. In the Philippines, we are in partnership with Metrobank, one of the country's strongest banks.

Established in 1999, AXA Philippines is one of the largest and fastest growing life insurance companies in the country. It offers financial security to more than one million individuals through its group and individual life insurance as well as general insurance products through its subsidiary Charter Ping An.

AXA Philippines is one of the first to introduce bancassurance operations in the country, and is among the pioneers in the investment-linked insurance sector.

AXA now offers a complete range of products for all its customers' insurance and financial protection needs, including savings and investments, health plans, income protection, and health coverage; and through its general insurance subsidiary Charter Ping An Insurance Corporation: fire, motor car, marine cargo, personal accident, bonds, casualty, and engineering insurance products.

AXA Philippines closed 2017 with P26.4 billion in total premium income and P5.7 billion in gross written premiums from Charter Ping An. Today, AXA has more than 4,000 financial advisers in 36 branches, and 700 financial executives in over 900 Metrobank and PSBank branches nationwide. Charter Ping An, on the other hand, has 22 branches nationwide and 2,007 agents.

AXA Philippines is a joint venture between the AXA Group, headquartered in France, and the Metrobank Group, one of the largest financial conglomerates in the Philippines.

The Metrobank Group is a conglomerate of industry-leading businesses that includes First Metro Investment Corporation, Metrobank Credit Cards, Federal Land, Toyota, and Manila Doctors Hospital. It was hailed Best Bank in the Philippines in 2010, 2011, and 2012 by Euromoney and recognized as the strongest bank in the Philippines by The Asian Banker in 2013. It is owned by the Ty Family whose major business interests include financial services, real estate development, power, and manufacturing.
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