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AXA XL is the Property & Casualty risk division of AXA, created from the acquisition of XL Catlin in 2018. We partner with mid-sized to multinational clients to take their business further, with more than 30 lines of business to offer solutions for existing and emerging risks. With 9,000+ colleagues based in approximately 30 countries we are able to serve clients in more than 200 countries. The key purpose of this role is to support the Capital Actuary - XLB (UK-based) in ensuring that the risk profile of XL Bermuda (XLB) is adequately modelled and communicated via an internal capital model that reflects the BMA standards.
DISCOVER your opportunity
What will your essential responsibilities include
.Supporting the application process to obtain a BMA-approved internal model for XLB.
.Post approval, support the ongoing development and use of the internal model for XLB.
.Production and review of model inputs and outputs including data manipulation, reconciliation tasks, running sensitivity tests and justifying their appropriateness for the entity's exposure where necessary.
.Support the engagement with the BMA on the ongoing use and development of the internal model.
.Assist in the production of such written reports and quantitative output as may be required in the communication and validation of the Capital Model.
.Respond to queries or ad-hoc investigations regarding the capital or underlying risk position of the entity.
.Ensure governance processes are appropriately followed, and data quality standards are met.
.Production and maintenance of model documentation to a sufficient standard to meet regulatory and professional demands in respect of any activity carried out.
You will report to Capital Actuary - XLB, UK.
SHARE your talent
We're looking for someone who has these abilities and skills:
Required Skills and Abilities:
.Highly numerate and analytical with good academic record(preferably IIT/IIIT),
.A self-starter with strong organizational skills
.Strong mathematical skill and ability to understand complex mathematical models
.Advance Coding skills in R, Python or any other programming languages
.Good written and verbal communication skills,
.Excellent Microsoft Excel skills - preferably with experience of VBA
Desired Skills and Abilities:
.Willingness to learn and take on tasks outside areas of prior experience.
.Knowledge of capital modelling isbeneficial, but not essential.
FIND your future
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide re/insurance, we reinvent it.
How By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Learn more at
Inclusion & Diversity
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 and a diverse workforce enable business growth and are critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and reach their highest potential.
Learn more at . AXA XL is an Equal Opportunity Employer.
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 strategy, called Roots of resilience, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
Our Pillars:
For more information, please see axaxl.com/sustainability.
Date Posted: 12/10/2024
Job ID: 95995145
Axa S.A. is a French multinational insurance company. The head office is in the 8th arrondissement of Paris, France. It also provides investment management and other financial services