Risk Specialist, Actuarial Risk

This role supports the Head of Portfolio Governance in consolidating and monitoring the full range of quantitative risks across AXA XL and ensuring these are sufficiently controlled and communicated. There is also a focus on Internal Capital Model use.

What will your essential responsibilities include?

• Perform the initial calculations and analysis of Economic Combined Ratios, Target Loss Ratios and related metrics that assess business performance on a risk-adjusted basis. Support the communication of their results to underwriting teams and respond to queries as required
• Perform initial calculations and analysis on the Cost of Capital bridge, to understand annual movements
  732 & changes
• Sourcing and consolidation of risk information for Divisional ORSA and support in drafting and proofreading the relevant documentation and presentations
• Perform ongoing monitoring of the Risk Appetite Framework at AXA XL, including liaison with Group Risk Management and engagement with other departments to source exposures on an ongoing basis. This includes supporting the onward reporting to Risk Diaglls and the Board
• Support the annual update of the Risk Appetite Framework, including liaising with key stakeholders such that deliverables meet the required timeline
• Support the annual Model Use-Test assessment for the Internal Model via collation of information and evidence
• Support for the Head of Portfolio Governance and developing and maintaining such other Risk Management metrics and processes as may be required to ensure the ongoing stability of AXA XL
• Support the Head of Actuarial Risk with additional analysis and information collation on an ad-hoc basis.

You will report to the Head of Portfolio Governance.

We’re looking for someone who has these abilities and skills:

• Track record in using quantitative analysis to assess risk
• Experience of actuarial analysis within general insurance
• Experience with Remetrica (capital modelling software) is desirable
• Highly numerate and analytical with great attention to detail
• Good written and verbal communication skills
• Proven capability using Microsoft Office products including Excel, Word and Power Point
• Ability to perform initial analysis independently, before peer review
• A self starter, with a growth mindset and willingness to work on analysis outside their primary field.
• Support for IFoA (or equivelant) actuarial exams is available for this role.

Inclusion

Axaxl is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential.

It’s about helping one another — and our business — to move forward and succeed.

• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
• Robust support for Flexible Working Arrangements
• Enhanced family-friendly leave benefits
• Named to the Diversity Best Practices Index
• Signatory to the UK Women in Finance Charter

Learn more at  AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We’re committed to rewarding your contribution for the 為 long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability…