Senior Capital Analyst, Insurance Modelling & Risk

AXA Group; Greater London; Hybrid; GBP 60,000 - 90,000; Full time

Job summary

AXA is seeking a detail-oriented Capital Analyst to support calibration and development of AXA UK's Internal Model for Health and General Insurance. You will collaborate with actuarial, risk and finance teams to drive robust capital management and insightful analysis.

Reporting to the Capital Modelling Lead, you will assist calibration, validation, and development of the Internal Model, develop insurance risk assumptions, review reinsurance, and support ORSA processes while enabling flexible

Qualifications

• Progressing through Actuarial exams with Insurance experience.
• Strong mathematical and statistical skills to support actuarial analysis.
• Modelling skills, with experience in actuarial software like ReMetrica preferred but not essential.
• Experience working within a general or health insurance environment.
• Ability to design, execute, and communicate analysis under supervision from senior specialists.
• Strong communication skills to collaborate effectively across teams.
• Demonstrates a good understanding of insurance risk and capital modelling principles.
• Self-motivated with a proactive approach to learning and technical development.

Responsibilities

• Support the production of capital assessments and solvency requirements, working closely with the Capital team.
• Assist in the calibration, maintenance, development, and validation of the Internal Model across AXA UK.
• Contribute to developing insurance risk assumptions and ensure model compliance with evolving regulatory standards.
• Participate in group working parties and help develop plans for model evolution and regulatory approval.
• Support the implementation of risk management systems, focusing on capital calculations and ORSA processes.
• Help embed risk appetites for insurance and health risks, ensuring compliance with policies and profitability considerations.
• Review reinsurance arrangements to ensure risk transfer is efficient and effective.
• Deliver actuarial analysis, collaborate on latest developments, and ensure controls for IFC, IMR, and external validation are properly followed.

Skills

Actuarial exams

Mathematical skills

Statistical skills

Modelling skills

ReMetrica

Insurance experience

Communication skills

Capital modelling principles

Tools

ReMetrica

Job description

AXA is seeking a detail-oriented Capital Analyst to support calibration and development of AXA UK's Internal Model for Health and General Insurance. You will collaborate with actuarial, risk and finance teams to drive robust capital management and insightful analysis.

Reporting to the Capital Modelling Lead, you will assist calibration, validation, and development of the Internal Model, develop insurance risk assumptions, review reinsurance, and support ORSA processes while enabling flexible