Senior Underwriting Risk Manager Job In London

Job Description

Job Description

Senior Underwriting Risk Manager (

Job Number:

78002291D20220923 )

DISCOVER your opportunity

AXA XL Reinsurance is the is the dedicated Assumed Reinsurance arm of AXA Group.

The Reinsurance Risk Management team is responsible for ensuring that the Assumed Reinsurance activities of AXA XL have an adequate risk management in place, meeting AXA Group Standards and Policies, supported by adequate governance and organisation to ensure effective functioning. In addition, the team ensures that risk framework models and metrics are appropriately reflecting risks and economic performance of assumed reinsurance business. 
We are looking for an experienced actuary (or equivalent qualification) to lead AXA XL Re’s Underwriting Risk Management team, which is is responsible for monitoring the key exposures underwritten by AXA XL Reinsurance and their impact on the overall risk profile of the reinsurance segment.
Our risk management uses sophisticated modelling tools and vast amounts of data to evaluate exposure to catastrophe losses and to aggregate assessment of man-made, credit, country, terrorism and operational risks.
The Reinsurance Underwriting Risk Senior Manager will also be in charge of advising senior leaders and business stakeholders on risks and opportunities associated with underwriting strategies, managing risk governance, developing risk appetites, and assessing risk models and metrics.

DISCOVER your opportunity 
What will your essential responsibilities include?
• Support the Reinsurance CRO for all matters related to Reinsurance UW risk, ensuring risk framework models and metrics are appropriately reflecting risks and economic performance of assumed reinsurance business, including :
• Maintaining AXA XL Re’s underwriting risk framework, including by building stress and sensitivity tests to support understanding of the risk
• Coordinating the Reinsurance Underwriting Risk Committee and risk discussions with product groups
• Contributing to the reinsurance CRO second opinion on business planning, profitability analyses, reinsurance purchases
• Contributing to risk discussions at AXA Group, AXA XL Division, AXA XL Re and legal entity levels
• Together with the UW risk team he is in charge of 
• Monitoring key (re)insurance underwriting risks, including identifying risk trends, emerging risks, and risks associated with new or material changes to existing activities or products.
• Ensuring compliance with risk framework capacities and limits, quarterly monitoring of underwriting exposures, coordination of the risk budget exercise and implementation of risk metrics as needed
• Designing and maintaining the data governance framework for AXA XL Re Risk Management by introducing controls around risk processes, exposures, models, and reports
• Delivering risk reports to legal entities, AXA Group, AXA XL division, and legel entities 
The Reinsurance Underwriting Risk Senior Manager will report to the Chief Risk Officer, Reinsurance.
 

SHARE your talent
We’re looking for someone who has these abilities and skills:
• Bachelor’s Degree in Actuarial Science or quantitative field
• Actuarial qualification preferred
• Proven experience in (re)insurance pricing, underwriting, , actuarial science and / or risk management, with a strong experience in analytical and data management
• Advanced knowledge of (re)insurance underwriting risks
• Good knowledge of Excel, VBA, SQL
• A self-motivated problem solver with a strong attention to detail & highly organized
• Excellent oral, written and communication/presentation 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
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.

Our enterprise I&D mission is to become the most inspiring company to work for. We’ll achieving this through our three areas of focus:
• Drive an Inclusive Culture—create a global workplace that works for everyone, with a culture that values all individuals, backgrounds and ideas, and where every colleague feels safe, valued and respected.
• Diversify Our Workforce—increase the representation of women in leadership, achieving 50% by 2023, and focus on underrepresented populations by region, positioning AXA XL as an employer of choice for all talent.
• Support Our Marketplace & Communities—support our communities and visibly and thoughtfully champion equity around the globe.

Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

Corporate Responsibility

At AXA XL our approach to corporate responsibility (CR) is the same as our approach to business; constantly seeking to provide innovative solutions to the world’s most complex problems. From offering our expertise, products and services to help build more resilient communities, to advancing understanding and response to climate change, our strategy – Our Impact. Our Future. – aligns key issues that are pertinent to our business – climate, water and financial resilience - and contributes to AXA Group’s purpose to “Act for human progress by protecting what matters.”.
• Climate: We’re reducing our carbon footprint, protecting ecosystems and exploring how our business can help build a better world.
• Water: We’re developing water resilience where it is — and will be — needed most.
• Financial resilience: We’re helping create opportunities for the unemployed and underemployed, so they can be better prepared for unexpected changes.
• Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as our “Hearts in Action” programs. 
For more information, please see the Corporate Responsibility section on our website.
 

AXA XL is an Equal Opportunity Employer.

Location

: GB-GB-London

Other Locations

: US-CT-Stamford

Work Locations

: GB London 20 Gracechurch Street 20 Gracechurch Street London London EC3V 0BG

Job Field

Schedule

: Full-time

Job Type

: Standard

AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.