In the UK, AXA XL has both a UK regulated insurance company (AXICL UK) and Lloyd’s operations, the combination of being able to issue Lloyd’s and AXICL UK paper in the UK as well as XLICSE paper in the EU ensures that AXA XL is well positioned to work with clients and brokers to offer solutions for business that could otherwise potentially be disrupted by any loss of passporting rights as a result of the UK leaving the European Union.
The key purpose of the role is to support the Head of Capital Modelling – UK in ensuring that the risk profile of UK entities are adequately modelled and communicated.In particular this includes supporting engagement with Lloyd’s on capital issues in respect of AXA XL’s syndicates such as the annual SCR assessment process.
DISCOVER your opportunity
Support fulfilment of Lloyd’s Capital Modelling requirements, in particular annual SCR assessment and reassessment process through
Ensuring governance processes are appropriately followed and data quality standards are met
Ensuring parameterisation processes are completed in time for model use and in line with specified standards
Reviewing model code and adjust where necessary
Performance of testing on model outputs to ensure appropriateness of model calibration
Reviewing model inputs and outputs and justify their appropriateness for the entity’s exposure
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 capital for AXA XL Insurance Company UK, developing and applying methodologies to extract and adjust relevant distributions from the AXA XL Divisional model
Support the engagement with users of internal model information to support understanding of underlying volatility and support risk based decisions
Respond to queries or ad hoc investigations concerning the capital or underlying risk position of the UK entities
You will report to the Capital Actuary.
SHARE your talent
We’re looking for someone who has these abilities and skills:
Required Skills And Abilities
Highly numerate and analytical with very good academic record
Desire to follow an Actuarial Career path
Curious, inquisitive, innovative and open to new ideas
Excellent attention to detail
Good written and verbal communication skills
SQL, R and Python coding skills beneficial
A self-starter with robust organizational skills
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 axaxl.com
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 can 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 axaxl.com/about-us/inclusion-and-diversity . 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
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 mobilizing 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 axaxl.com/sustainability
Flexible Work Eligible
Flexible Work Schedule
AXA XL is an Equal Opportunity Employer.
Location
GB-GB-London
Job Field
Actuarial
Schedule
Full-time
Job Type
Standard
Seniority level
Not Applicable
Employment type
Full-time
Job function
Finance and Sales
Industries
Insurance
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