Senior Capital Actuary

XL CATLIN; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

A forward-thinking company is seeking a Senior Capital Actuary to enhance their capital modeling processes. In this pivotal role, you will support the Head of Capital Modelling, ensuring the risk profile is accurately modeled and communicated. You will engage with various stakeholders, manage governance processes, and provide critical analyses that drive decision-making. This innovative firm values diversity and inclusion, offering a collaborative environment where your insights will significantly impact their operations. If you are curious, detail-oriented, and have a strong background in capital modeling, this is the perfect opportunity for you.

Qualifications

• Proven experience in capital modeling or similar simulation roles.
• Excellent attention to detail and effective communication skills.

Responsibilities

• Support the development and maintenance of an internal capital model.
• Produce and present the XLB Standard formula and related analyses.
• Manage and develop three junior staff members.

Skills

Capital Modeling

SQL

R Coding

Attention to Detail

Effective Communication

Education

Strong Academic Background

Job description

Job Description - Senior Capital Actuary (78103444D20250410)

Job Number:

78103444D20250410

DISCOVER your opportunity

Senior Capital Actuary

Location: London

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 serve clients in over 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 modeled and communicated. This includes engagement with AXA Group and the ACPR on capital issues, such as the annual SCR assessment process.

Key Responsibilities:

1. Support the development and maintenance of an internal capital model reflecting AXA Group standards, including parameterization, validation, and documentation.
2. Coordinate and run governance processes for the internal model.
3. Produce and present the XLB Standard formula (BSCR) and related analyses to senior management.
4. Be a subject matter expert on outwards reinsurance implementation in the capital model, including analysis of ceded structures.
5. Subject matter expert on the Reinsurance Credit risk module, liaising with teams across divisions.
6. Communicate methodologies and outputs to non-technical stakeholders.
7. Develop and optimize model outputs for key stakeholders.
8. Respond to queries regarding the capital or risk position of the division.
9. Provide capital modeling outputs for actuarial analyses and risk opinions.
10. Support other entities within AXA XL using model outputs.
11. Manage and develop three junior staff members.

You will report to the Head of Capital Modelling - Division.

Desired Skills and Abilities:

• Proven experience in capital modeling or similar simulation roles.
• Curious, innovative, and open to new ideas.
• Excellent attention to detail.
• Highly numerate with a strong academic background.
• Effective written and verbal communication skills.
• SQL and R coding skills are beneficial.
• Self-starter with good organizational skills.

Discover your future

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. We provide re/insurance solutions for a diverse range of clients, leveraging a comprehensive capital platform, data insights, leading technology, and talented professionals in an inclusive environment.

We are committed to diversity, inclusion, and sustainability, with initiatives and strategies aligned to our values and business goals.

Location Details

London, 20 Gracechurch Street, EC3V 0BG

Additional Information

Full-time, Standard role. AXA XL is an Equal Opportunity Employer, embracing diversity and inclusion in our workforce.