Life Risk Officer

3 weeks ago


Makati City, National Capital Region, Philippines AXA Group Full time
Job Purpose:
  • To help develop and maintain a best-practice risk management capability embedded across the business.
  • To help develop and drive a sound, open, and proactive risk culture, working closely and collectively with functional units to support management in ensuring their key risks are identified, assessed, reported, and managed.
Critical Accountabilities

1. Risk management framework:
  • Help ensure an effective risk management framework is established and implemented to comply with AXA Group's regional and relevant international and statutory risk management standards.
  • Assist management in identifying and assessing the risks they face including emerging risks. Understand the operating environment, and assist and guide each function to develop risk control measures and mitigation strategies.
2. Formal Risk Opinion:
  • Provide proactive, formal second opinions on key financial or other business decisions, including but not limited to investments, ALM, product development & pricing, capital management, and distribution compensation.
  • Actively contribute to certain management committees, such as the Product Management, In-vestment & ALM, and Audit & Compliance committees.
3. Risk Culture:
  • Participate in the company's Risk committee to ensure that senior management regularly reviews the risk profile of the business and associated mitigation plans.
  • Work closely and collectively with functional units to support management in ensuring their key risks are identified, assessed, reported, and managed.
  • An affiliate of a recognized actuarial institute, CERA, or member of other risk institutes is preferred.
  • Graduate degree (post-graduate, preferred) in Mathematics, Actuarial Science, Statistics, Economics, or other course relevant to Risk.
  • Minimum 4 years of experience in financial services, including a minimum 1 year in life insurance actuarial or related work.
  • Experience in asset-liability management, product pricing and development, investment, capital management, financial analysis, projection, valuation, or similar work.
  • Effective at analyzing problems, synthesizing relevant information, identifying key issues, and recommending appropriate solutions.
  • Able to collaborate effectively with multiple customers and/or colleagues outside the team.
  • Good verbal and written English communication skills are required.
  • Good negotiation and influencing skills
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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