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French insurer AXA is seeking buyers for some U.S. life insurance assets that could be worth some $500 million, Bloomberg News reported, citing three unnamed sources.
AXA has hired investment bank Morgan Stanley to find a buyer for the assets, which include the remants of the Mony Group Inc, a business that AXA acquired in 2004, the news service said.
An AXA spokesman declined comment.
Following the $1.5 billion takeover, Mony's network of financial advisers was folded into AXA's own and the unit has mostly stopped selling life insurance.
In November, AXA cut its profit outlook in a sign of how low interest rates have squeezed life insurers which are committed to minimum payouts to customers |
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| Actuarial Consultant - Pensions | ||
| Midlands / hybrid after initial training programme with 3 days p/w office-based - Negotiable | ||
| Project Actuary - Life | ||
| Midlands / hybrid with 2 days p/w office-based - Negotiable | ||
| Project Actuary - Lifetime Mortgages | ||
| Midlands / hybrid with 2 days p/w office-based - Negotiable | ||
| Lead Project Review Actuary | ||
| Midlands / hybrid with 2 days p/w office-based - Negotiable | ||
| Technical Pensions Actuary | ||
| Remote / hybrid / flexible - Negotiable | ||
| CONTRACT: Head of Capital and Insuran... | ||
| South East - Negotiable | ||
| Pension Fund Accountant | ||
| Midlands / hybrid with 3 days p/w office-based - Negotiable | ||
| Actuarial Analyst - Reserving & Capit... | ||
| London / hybrid with 2 days p/w office-based - Negotiable | ||
| DC Investment Consultant | ||
| Nationwide / Hybrid – min 1 day p/w office-based - Negotiable | ||
| GI Actuarial Analyst (Pricing) | ||
| London / hybrid with 3 days p/w office-based - Negotiable | ||
| GI Reserving Analyst | ||
| London / hybrid - Negotiable | ||
| Actuarial Analyst: Pricing & Product ... | ||
| Flexible with hybrid working - Negotiable | ||
| Non-life Consultant/Associate Consultant | ||
| London / hybrid with 2-3 days p/w office-based - Negotiable | ||
| Commercial Lines Pricing Consultant | ||
| South East / hybrid - Negotiable | ||
| Pricing Lead | ||
| Flexible / hybrid with travel to Edinburgh office and 2 days p/w office-based - Negotiable | ||
| Senior Pricing Actuary | ||
| Bermuda - Negotiable | ||
| Reserving Actuary- Bermuda | ||
| Bermuda - $250,000 Per Annum | ||
| Pricing Analyst | ||
| London - £45,000 Per Annum | ||
| Senior Pricing Actuary | ||
| London - £125,000 Per Annum | ||
| Reserving Technical Specialist | ||
| London / hybrid with 3 days per week office-based - Negotiable | ||
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