Senior Capital Actuary

AXA Group; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading global insurance firm in London seeks a Capital Modelling Support expert to help model and communicate the division's risk profile. The ideal candidate will manage a team and have a background in capital modeling or simulation roles. Excellent communication and analytical skills are essential. This role involves optimizing model outputs and engaging with senior management on strategic analyses.

Benefits

Agile and inclusive workspace

Opportunities for professional development

Qualifications

• Qualified actuary or equivalent experience required.
• Proven track record in capital modelling or similar roles.
• Strong organizational skills expected.

Responsibilities

• Support development and maintenance of an internal capital model.
• Produce and present BSCR analysis to senior management.
• Develop capital modelling outputs for actuarial analyses.

Skills

Qualified actuary or equivalent experience

Proven track record in capital modelling

Experience in managing people

Excellent attention to detail

Strong analytical skills

Good communication skills

SQL and R coding skills

Job description

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AXA XL is the Property & Casualty risk division of AXA. We partner with mid-sized to multinational clients to take their business further, with more than 30 lines of business offering solutions for existing and emerging risks. With 9,000+ colleagues based in approximately 30 countries, we serve clients in more than 200 countries.

The key purpose of this 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, such as the annual SCR assessment process.

What you’ll be DOING

Responsibilities include:

1. Supporting the development and maintenance of an internal capital model that reflects AXA Group standards, including review and validation of model outputs and documentation.
2. Coordinating and running governance processes for the internal model.
3. Producing and presenting the XLB Standard formula (BSCR) analysis to senior management to support business strategy and planning.
4. Providing expertise on reinsurance implementation within the capital model, analyzing ceded reinsurance structures and their impact on capital.
5. Managing the Reinsurance Credit risk module, liaising across teams to set and review parameters.
6. Communicating methodology and outputs to stakeholders across AXA XL, including non-technical audiences.
7. Optimizing model outputs for key stakeholders, ensuring they meet business needs.
8. Responding to queries and conducting ad hoc analyses on the capital and risk position.
9. Developing capital modelling outputs for actuarial analyses and risk assessments.
10. Supporting other AXA XL entities using the model outputs.
11. Managing and developing a team of three junior staff members.

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

What you will BRING

Skills and abilities required:

• Qualified actuary or equivalent experience.
• Proven track record in capital modelling or similar simulation-based roles.
• Experience in managing people.
• Curious, innovative, and open to new ideas.
• Excellent attention to detail.
• Highly numerate and analytical, with a strong academic background.
• Good communication skills, both written and verbal.
• SQL and R coding skills are beneficial.
• Self-motivated with strong organizational skills.

Who WE are

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. We provide re/insurance solutions for mid-sized companies, multinationals, and individuals, combining a comprehensive capital platform, data-driven insights, leading technology, and top talent in an agile, inclusive workspace. Our approach is innovative and flexible, partnering with those who move the world forward.