Senior Actuary

• Calle Emilio Vargas 6, MADRID, ES, 28043
• ACTUARIAL AND PRICING
• 14121
• GUADALUPE RAVIELE
• 03/02/2026
• 13/01/2026

Primary mission and key accountabilities:

The IMa L&H Actuarial team and IFRS17 is part of the IMa Financial Controlling and Performance Management team, and has the following missions:

• Support the IMa and its entities in setting, monitoring, and delivering ambitious financial performance to be achieved through sustainable levers and adequate actuarial practices.
• Fullfill the regulatory role of the Actuarial Function, i.e., to provide an opinion on reserving, underwriting and reinsurance.

The senior L&H Actuary contributes to those missions and participates in building a transversal view on actuarial topics of life and health while facilitating the relationship/exchanges with entities and the other Group/ IMa teams.

Actuarial function holder is a key finance partner that helps the organisation meet its finance objectives by bringing added value analysis and proposals to Top Management, follow up performance of local entities and acts as central finance point of contact for entities, for IMa Top Management and all key stakeholders incl. Group. It is also a key point of contact with IMa Business Lines and IMa Risk Management.

We are looking for a highly motivated and experienced Senior Actuary specializing in Life and Health insurance to support our IFRS 17 initiatives for International Markets. This role will involve monitoring compliance with group reporting standards, analysing actuarial data, and assisting in the standardization of actuarial practices across the IMa while reporting to the Actuarial Function Holder.

Key Accountabilities:

Performance:

• Work with the Controlling team on the forecasting financial processes (budget/ strategic plan/ MBR) to (i) set/track the ambitions, (ii) understand the underlying business growth and profitability (ECR/pricing adequacy monitoring) /cash in IFRS17/Solvency 2 (e.g., new business CSM and payback period, Earnings, Return on Equity), and (iii) define the required actions/steer the business (e.g., repricing, business mix change, credited rate management, reinsurance).
• Provide support to Life & Health entities on AXA Actuarial reporting methodology and processes and improve coordination and follow up on actuarial reporting process with Group PBR team, INM PBR L&S and INM RM L&S
• Perform specific deep dive analysis for the top management (e.g., analysis of product profitability or distribution network performance, definition/evolution of technical performance indicators, capital consumption of new business or specific line of business).

Regulatory role:

• Provide an opinion (i) on the overall underwriting policy, (ii) on the adequacy of reinsurance arrangement, and (iii) coordinate the calculation of the technical provisions, ensure the appropriateness of underlying models and methodologies, assess sufficiency and quality of data, compare Best Estimates against experience. To do so , the IMa L&H Actuarial team
• Coordinates the process gathering the local entities' 1st and 2nd opinions on reserves.
• Contributes to the "In-Depth Reviews", based on mandate from the top management, to review the most material/sensitive Best Estimate Assumptions in both S2 and IFRS17 of 2 to 3 local entities per year. More precisely, the team (i) organize on-site missions with local stakeholders (e.g., actuarial, finance, risk), (ii) provide an independent opinion, recommendations, key perspectives and insights to the top management.
• Provides its opinion to IMa management through (i) the annual IMa Actuarial Report, (ii) 2 opinions on reserves/assumptions.
• Contributes to the continuous improvement of the Best Estimate Assumptions setting framework (e.g., monitoring of A/Es and identification of deviations, process and methodologies for BEA change, anticipation of S2 and IFRS17 impacts).
• Review the actuarial assumptions / model changes proposition.
• Support IMa AFH to organize and produce the International Markets Technical Committee

Transversal view on Life and Health bussiness for IMa perimeter:

• Provide a transversal view on actuarial topics while facilitating the relationship/exchanges with entities, and with the other IMa/Group teams.
• Support AFH in reviewing the impacts in case of M&A operations

Actuarial Community:

• Participate actively to the community of Chief Actuaries.
• Contribute to the organization and content of the IMa Chief actuary meetings.
• Assist AFH IMa to ensure the compliance with group actuarial practices across entities, identifying areas for improvement and ensuring adherence to defined responsibilities
• Boost collaborative model across Actuarial and Financial families.

IFRS17 support:

• Provide technical support on IFRS17 topics
• Assist the entities in the implementation and leverage on the group solutions
• Identification of risks, impacts, problems, and active contribution of solutions to WS leaders and the WS team
• Active leadership of the local project teams ensuring compliance with the planning
• Organize the IFRS17 meeting with the main stakeholders
• Contribute to effectively set up an appropriate change management plan required by IFRS 17

Profile:

• Strong technical skills in life, savings, and health products (actuarial modeling, coding, data) with business acumen, and ability to work in a collaborative/project mode to deliver a concrete business output.
• Strong understanding of profitability analysis and MCEV reporting and IFRS17
• Ability to effectively convey complex issues into clear and easy-to-understand oral or written presentations in English.
• Ability to communicate effectively to a diverse range of stakeholders.
• Reactiveness, smooth and strong exchanges with entities.
• Capacity to deal with a wide diversity of situations, to build meaningful overviews as well as performing deep dives on technical matters.
• Background Actuary, Financial Engineer, Data Scientist, PhD – with 8-12 years' experience minimum.

International Markets (IMa) brings together AXA markets in Latin America, Africa, Türkiye, Middle East. Southeast Asia and Korea with the determined and exciting ambition to create strong sustainable and profitable growth.

Driven by our culture, International Markets strengthens, energizes and develops innovative solutions and capabilities tailored to the diverse needs of our customers, whilst protecting our reputation, our brand and our balance sheet.

To support this emerging market-oriented business model, AXA IMa offers a multicultural and diverse environment (languages, countries, nationalities) and multiple international career development opportunities.

At AXA, we actively promote Diversity and Inclusion by offering equal opportunities. Possession of a disability certificate will be positively valued.