Risk Manager

Risk Manager – AXA XL

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The Risk Manager supports the Reinsurance Risk Management team by providing strategic oversight and technical expertise to ensure the effective operation of the risk management framework for Bermuda and North America Reinsurance entities. Reporting directly to the CRO Bermuda & North America, the position plays a key role in risk governance, reporting, and operational risk oversight, while ensuring adherence to AXA Group Standards, Policies, and regulatory requirements.

• Oversee and contribute to the preparation and review of risk reports, including Own Risk & Solvency Assessment (ORSA), stress testing and risk dashboards, ensuring accurate and comprehensive analysis of risk positions, developments and emerging threats.
• Collaborate with cross‑functional teams (e.g., actuarial, underwriting, investments, finance, and compliance) and Risk Management centers of excellence to review, refine, and implement risk frameworks.
• Lead or contribute to the annual review and refinement of risk policies, risk appetite frameworks, and internal controls, ensuring they remain aligned with evolving risk environments and strategic objectives.
• Monitor and advise on regulatory guidance, collaborating with Compliance, and supporting the integration of regulatory requirements into risk frameworks.
• Lead or support key risk initiatives, including the review and enhancement of elements of the risk management framework, providing expert insights and strategic recommendations to the CRO.
• Support the continuous improvement of risk management processes through automation, data analysis, innovative solutions, and technological advancements. Proactively identify opportunities to streamline processes and promote operational efficiencies across risk functions.
• Provide self‑supported risk assessments and second opinions on business strategies and profitability, contributing to strategic decision‑making.
• Facilitate risk governance activities, including risk committee support, reporting, and documentation.
• Mentor and support junior members of the Risk team to foster their development and enhance team capabilities.
• Support the CRO in special projects, strategic initiatives, and risk management activities, as needed.

• Bachelor and/or Master’s degree in insurance/risk management, actuarial studies, finance, economics, mathematics or business administration.
• Experience in the (re) insurance industry, preferably in risk management, underwriting, claims and/or actuarial.
• Solid understanding of risk management techniques and practices.
• Robust knowledge of ERM‑related regulatory frameworks and requirements.
• Critical thinking, analytical skills and meticulous attention to detail.
• Excellent verbal and written communication skills.
• Ability to coordinate and deliver cross‑functional projects involving multiple stakeholders across the group.
• A continuous improvement mindset.

• Proven experience managing a CISSA or ORSA submission process.
• Robust technological skills including proficiency in data analysis and visualization tools such as Power BI.

Not Applicable

Full‑time

Finance and Sales

Insurance

AXA XL 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 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.

• 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…