Life Risk Officer - Life Insurance Background

Job Purpose

To develop and maintain a best-practice risk management capability that is embedded across the business.To develop and drive a sound, open and pro-active risk culture, working closely and collectively with functional units to support management in ensuring their key risks are identified, assessed, reported and managed.

Key Accountabilities

Ensure that effective risk management frame-work is established and implemented to com-ply with AXA Group, regional and relevant international and statutory risk management standards.Assist management in identifying and assessing the risks which they face including emerging risks. Understand the operating environment, and assist and guide each function to develop risk control measures and mitigation strategies.Continually improve and identify new and effective risk metrics that inform management about trends in risk outlook for targeted areas of risk.Provide pro-active, formal second opinion on key financial or other business decisions, including but not limited to investments, ALM, product development & pricing, capital management, distribution compensation.Actively contribute in certain management committees, such as the Product Management, Investment & ALM, and Audit & Compliance committees.Express opinions clearly and ensure key issues are highlighted and addressed, ensuring that any proposals are compliant with Regional and/or Group standards, mitigation actions are implemented, submissions to Regional Risk committee are of high quality.Participate in the company’s Risk committee to ensure that senior management regularly reviews the risk profile of the business and associated mitigation plans.Drive a sound risk culture, promoting open discussion within the business, debate and challenge across functional units, independent peer review as norm in key decisions, pro-active management of risks & issues.Work closely and collectively with functional units to support management in ensuring their key risks are identified, assessed, reported and managed.Provide high-quality input to product development teams to contribute to good product design, pricing & governance, to investment teams during ALM or other investment proposals to ensure proper asset strategies, and the like.

Qualifications

Associate member of a recognized actuarial institute, CERA or member of other risk institutes preferred. Less than this generally qualifies for officer level only.Graduate degree (post-graduate, preferred) in Mathematics, Actuarial Science, Statistics, Economics or other course relevant to Risk.Minimum 5 years relevant experience in health, financial services, life insurance, etc.Solid experience in Health

AXA Philippines is a joint venture between the Paris-based AXA Group and Metrobank Group, one of the Philippines’ largest financial conglomerates. We are one of the largest and fastest growing insurance companies in the country, offering financial security to more than 1.5 million individuals.We offer a complete range of life insurance and general insurance products for all our customers’ insurance and protection needs. Life insurance products include solutions for savings and investments, income protection, and health coverage; general insurance products include protection for fire, car, personal accident, bonds, casualty, and engineering.We have more than 3,000 financial advisors in 32 branches, and 700 financial executives in over 900 Metrobank and PSBank branches nationwide.Our noble purpose is to empower people to live a better life by fueling their self-belief. We leverage on our global financial expertise, strengthened by our local partnership with Metrobank, to provide the right solutions to help our customers live the life they choose.