Senior Capital Actuary
Senior Capital Actuary
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Job Description
SHARE your talent
Were looking for someone who has these abilities and skills:
- Demonstrable track record in capital modelling or other simulationbased modelling role
- Curious inquisitive innovative and open to new ideas
- Excellent attention to detail
- Competent ReMetrica user
- Highly numerate and analytical with very good academic record
- Good written and verbal communication skills
- SQL and R coding skills beneficial
- A selfstarter with strong organizational skills
FIND your future
AXA XL the P&C and specialty risk division of AXA is known for solving complex risks. For midsized companies multinationals and even some inspirational individuals we dont just provide re/insurance we reinvent it.
How By combining a comprehensive and efficient capital platform datadriven 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
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. Thats 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 can reach their highest potential. Its 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.
Sustainability
At AXA XL Sustainability is integral to our business strategy. In an everchanging 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 202326 Sustainability strategy called Roots of resilience focuses on protecting natural ecosystems addressing climate change and embedding sustainable practices across our operations.
Our Pillars:
- Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems the foundation of a sustainable planet and society are essential to our future. Were committed to protecting and restoring nature from mangrove forests to the bees in our backyard by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
- Addressing climate change: The effects of a changing climate are far reaching and significant. Unpredictable weather increasing temperatures and rising sea levels cause both social inequalities and environmental disruption. Were building a net zero strategy developing insurance products and services and mobilizing to advance thought leadership and investment in societalled solutions.
- Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. Were training our colleagues engaging our external partners and evolving our sustainability governance and reporting.
- AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them known as AXA XLs Hearts in Action programs. These include our Matching Gifts program Volunteering Leave and our annual volunteering day the Global Day of Giving.
For more information please see Capital Actuary
London
AXA XL is the Property & Casualty risk division of AXA created from the acquisition of XL Catlin in 2018. We partner with midsized to multinational clients to take their business further with more than 30 lines of business to offer solutions for existing and emerging risks. With 9000 colleagues based in approximately 30 countries we are able to serve clients in more than 200 countries*.
The key purpose of the role is to support the Head of Capital Modelling Division in ensuring that the risk profile of the AXA XL Division is adequately modelled and communicated. This includes supporting engagement with AXA Group and the ACPR on capital issues in respect of the AXA XL Division such as the annual SCR assessment process.
DISCOVER your opportunity
What will your essential responsibilities include
- Support the Head of Capital Modelling Division in the development and maintenance of an internal capital model for the Division that reflects AXA Group standards. This includes support review and challenge of parameterisation processes validation of model output maintenance and optimisation of model code and model documentation
- Support the Head of Capital Modelling Division in coordinating and running appropriate committee and governance processes for the internal model
- Responsible for the production and presentation to senior management of the XLB Standard formula (BSCR) and such other analysis on this basis as may be required to support business strategy and planning
- Subject matter expert on the outwards reinsurance implementation in the capital model including input gathering/processing and indepth understanding of the impact of the various ceded structures on AXA XLs capital position. Maintain robust analyses of the ceded reinsurance programme and provide such information as may be required to support both the first and second opinions on the Ceded Reinsurance programme
- Subject matter expert on the Reinsurance Credit risk module including the responsibility for liaising with teams across the AXA XL Division and AXA Group to set review and challenge the parameters and modelling outputs.
- Communicate the output and methodology with other parts of AXA XL including those with a nontechnical background
- Develop and optimise the model output shared with key model stakeholders and ensure these are fit for purpose meet the requirements of the business and used appropriately
- Respond to queries or ad hoc investigations regarding the capital or underlying risk position of the Division
- Provision and development of capital modelling output to support actuarial analyses and risk second opinions
- Support for other entities within AXA XL using output from the Divisional model
- Direct management and development of three junior staff members
You will report to Head of Capital Modelling Division.
Required Experience:
Senior IC
Employment Type
Full-Time
