Trainee Actuary (Risk) - 6 Months FTC

AXA

Nov 9

Applications are closed

Internship
Full-time
Off-cycle Internship
Data
Banking & Finance
Dublin

Requirements

Actively studying for the actuarial exams with a relevant degree with curriculum in the following areas: Actuarial, Analytics, Mathematics, Statistics, Economics.
Previous exposure to actuarial related work would be preferred.
Use of R, Python, SQL or SAS for data manipulation and processing.
Strong work ethic with the ability to balance work demands & study for actuarial exams.
Good written and oral communication skills with the ability to communicate clearly and concisely to both a technical and non-technical audience.
Able to apply analytical problem solving, make recommendations, and implement improvements continuously in a dynamic environment.
Strong interpersonal skills and ability to work with multi-disciplinary teams.
Team worker with responsibility & accountability for their own work.
Ability to manage multiple tasks simultaneously to meet tight reporting deadlines.
As a precondition of employment for this role, you must be eligible and authorized to work in Ireland and/or the United Kingdom.

Responsibilities

Assist with the running of the capital calculation processes for the Internal Model of AXA Insurance dac. The principal tool used is ReMetrica.
Involved in regular data and reporting work as well as project work.
Assist in the independent reserve reviews to provide a second opinion / challenge on reserve level recommendations proposed by Head of Actuarial Function for accounting and Solvency II technical provisions, considering business trends, external market considerations, regulatory and accounting standards, and internal risk appetite.
Assist with the co-ordination, organisation and maintenance of business processes requiring capital / 2nd line reserving input not limited to but including Strategic Planning, Accounting team and Regulatory reporting, Reinsurance, ORSA, Economic performance target setting, and stress & scenario testing.

FAQs

What is the duration of the Trainee Actuary position?

The position is a 6-month fixed-term contract.

Where will the Trainee Actuary be working?

The Trainee Actuary will work as part of the AXA Ireland Risk Team, with at least 40% of their week away from home, attending office locations, visiting clients, or attending industry events.

What qualifications are required for this role?

Candidates should have a relevant degree with curriculum in Actuarial, Analytics, Mathematics, Statistics, or Economics and should be actively studying for the actuarial exams.

Is previous experience in actuarial work necessary?

Previous exposure to actuarial-related work is preferred but not strictly required.

What tools and skills are necessary for the position?

Applicants should have experience with R, Python, SQL, or SAS for data manipulation and processing.

What are the key responsibilities of the Trainee Actuary?

Key responsibilities include assisting with capital calculation processes, data and reporting work, independent reserve reviews, and co-ordinating business processes related to capital and reserving.

What kind of work environment can a candidate expect at AXA?

AXA promotes a flexible working environment where employees can balance work and home life, and they encourage teamwork and collaboration within multi-disciplinary teams.

What benefits are offered to employees at AXA?

AXA offers a competitive salary, performance-based bonuses, a contributory pension scheme, life assurance, generous annual leave, employee discounts, and educational support among other benefits.

Does AXA Ireland support flexible working arrangements?

Yes, AXA Ireland is open to discussing flexible working arrangements to meet individual work and home life responsibilities.

Is AXA an equal opportunity employer?

Yes, AXA is committed to being an equal opportunities employer and welcomes applications from all backgrounds.

AXA

Finance

Industry

10,001+

Employees

1816

Founded Year

Mission & Purpose

We always start with our customers. As one of the largest global insurers, our purpose is to act for human progress by protecting what matters. Protection has always been at the core of our business, helping individuals, businesses and societies to thrive. And AXA has always been a leader, an innovator, an entrepreneurial company, fostering progress in all its dimensions. Our purpose also links back to the Group's roots. From the outset, AXA has been committed to acting as a force for collective good. From solidarity-based actions with AXA Hearts In Action to work on prevention issues with the AXA Research Fund and the fight against climate change, AXA has always been attentive to its social environment and embraced its responsibility as an insurer: responsibility for taking action upstream in order to better understand risks, with one goal in mind: to ensure better protection.