Pricing Models %26 Platform Manager - Work location: Madrid

Job description

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Whatever their stage of life, we provide over 108 million customers with the products and services they need to progress. From insurance to personal protection, and savings to wealth management, no matter the need we’re always there for them. And we’re always there for our employees. In 50 countries, we work hard to inspire pride and a sense of belonging in our people. To provide opportunities that challenge them, inspire them, and reward them. And to create a culture that’s open, supportive, and empowering. Because we know that’s the real secret to success – and the best way for us to keep building a better world for both our customers and the talented people who put them first.

Your work environment

The headquarters of the AXA Group (GIE AXA) brings together our corporate activities. It provides guidance and support to subsidiaries around the world, to ensure the coordination and monitoring of the Group's global strategy, the application of its standards, the consistency of commercial approaches and the sharing of best practices. The headquarters gathers approximately 1000 employees and is distinguished by its strong international culture (45 nationalities), which makes it a rich and stimulating place to work.

Within the Group, you will join the Group Chief Underwriting Office as Pricing Models & Platform Manager.

Context & Major Challenges

The newly created Global Chief Underwriting Office will be accountable for establishing, enabling, and driving profit and growth through Product Underwriting Strategy, Portfolio Design and Technical Underwriting Excellence in partnership with the AXA Entities, for both Commercial and Retail, through:

• <-- [if supportLists]-->Portfolio Design Steering
• Underwriting Product Strategy and Profitability Measurement
• Technical Underwriting Guidance
• Pricing Models, Platforms and Analytics
• Risk Appetite deployment
• Ceded Reinsurance strategy design and purchasing

As part of the CUO Office you will be an integral part of the Group Pricing Team partnering directly with underwriting, the entities and Pricing management as we look to develop and deliver our strategic objectives.

Key Accountabilities

• <-- [if supportLists]-->As part of Technical Excellence Plan, be an integral contributor, executing on an enterprise pricing model strategy that enables a strong link to data (input and output), analytics and technology.
• Contribute to the development of the pricing platform, developing Pricing models with scalable languages and build towards globally consistent and flexible models to allow for real time updates to reflect dynamic and changing conditions.
• Facilitate global pricing tool usage through sharing best practices, developing users guides and maintaining records within central model database.
• Support the TDO strategy with regard to technical pricing and support the building of pricing platforms and methodologies.
• Leverage capabilities and infrastructure developed by TDO and contribute to a clear communication with TDO and Pricing.
• Research new strategic approaches to modelling and pricing methodologies to improve model performance.
• Engage with UW/Pricing to solve complex model problems, and educate and enable Underwriters and Pricing Actuaries in model usage.
• Contribute to designing a consistent strategy of data capture, facilitate the usage of these data elements for strategic purposes (portfolio studies, refining pricing, etc.).
• Develop a strong network of relationships with internal and external stakeholders to influence technical Pricing model improvements globally and drive consistency in approach where appropriate.

Dimensions

• <-- [if supportLists]-->Global scope: full remit (across all businesses & geographies).
• Key contributor to the Pricing Models and Analytics remit for the GCUO

Stakeholders:

• Head of Pricing within the entities and within Group
• TDO

KPIs for Success:

• <-- [if supportLists]-->Measure of the partnership with the entities
• Direct influence on the strategy, pricing model and analytics development and technical performance of the entities
• Deliver on building the analytic and technology culture of the entire organization
• Enabler of the strategic plan

Desired profile

Qualifications :

Main competencies and experience

Competencies

·  Change Leader builds strong partnerships and effectively influence stakeholders; clearly communicates and drives alignments on shared outcomes; extreme ownership on outcomes with strategic and operational rigor.
·  Proven experience within insurance pricing and with core actuarial and data science concepts.
·  Strong technical aptitude with experience programming in Python/R, SQL, and Excel/VBA.
·  Strong ability to work in a team. Strong communication skills and the ability to interface with teams having varying backgrounds/skillsets (TDO, Actuarial, UW).
·  Committed, self-organized, with a strong attention to detail.

Behaviors

·  Self aware
·  Collaborative
·  Builds trust
·  Good listening skills to build consensus
·  Comfortable with ambiguity
·  Flexible & willing to say ‘I don’t know, let me find the answer’
·  Humble enough to listen to others who have the expertise and build relationships
·  Strong Relationship builder
·  Change agent
·  Culturally sensitive to difference
·  Patience & the ability to take time to learn

Experience

·  Fully Certified Actuary.
·  Extensive experience in building pricing & analytical models within an AXA entity or other company.
·  Ability to directly support the data, technology, pricing model and analytics strategies.
·  Proven experience interacting with Pricing and TDO leaders and evolving in matrixed environments.
·  Experience in driving change and building relationships.
·  Proven experience in leading multicultural and multifaced geographically spread teams.

Language

·  Fluent English