Senior Capital Analyst
AXA XL is an Equal Opportunity Employer.
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 Head of Capital Modelling, Division and the Divisional Senior Capital Actuary in ensuring that the risk profile of the AXA XL Division is adequately modelled and communicated via an internal capital model that reflects AXA Group standards.
This position reports to the Senior Capital Actuary.
What you'll be doing
What will your essential responsibilities include?
* Support the development and maintenance of an internal capital model for the Division that reflects AXA Group standards.
* Maintenance and adjustment of model code, where necessary
* Support & review of parameterisation processes, ensuring they are completed in time for model use and in line with specified standards.
* Manage receipt of planning data for capital modelling and communicate with stakeholders to ensure consistency of use.
* Production and review of model inputs and outputs, including justifying their appropriateness for the Division's exposure.
* 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 Division.
* 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.
* Support the assessment of any standard formula requirements (Solvency II or BSCR) for the Division, as required.
You will report to (Head of Capital Modelling, Division).
What you'll bring
We're looking for someone who has these abilities and skills:
Required Skills and Abilities:
* Recent graduate of a numerical discipline and/or someone currently sitting actuarial exams,
* Highly numerate and analytical with very good academic record,
* Knowledge and/or experience of Solvency II,
* A self-starter with effective organisational skills,
* Good written and verbal communication skills,
* Working knowledge of capital modelling concepts with coding skills beneficial,
Excellent Microsoft Excel skills – preferably with experience of VBA.
What we offer
Inclusion
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 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, well being, lifestyle and financial security. It provides competitive compensation and personalised, inclusive benefits that evolve as you do.
We're committed to rewarding your contribution for the 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 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. We're 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. We're building a net zero strategy, developing insurance products and services, and mobilising to advance thought leadership and investment in societal-led 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. We're 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 XL's "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
Who we are
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