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 are able to serve clients in more than 200 countries. The Cyber Accumulation Modeling Actuary will be a part of the AXA XL team, fully dedicated to supporting AXA Group Risk Management. This role requires active collaboration with GRM teams to facilitate the effective management of Cyber risks across the AXA Group. In this capacity, you will play a key role in assisting the Group P&C Risk Management teams in the development and execution of key initiatives. Your contributions will be essential in enhancing the management of Cyber exposures and ensuring alignment with overall Group objectives while promoting best practices in Cyber risk modeling and assessment.
What you’ll be doingWhat will your essential responsibilities include?
- Acquire a comprehensive understanding of AXA's Cyber Business across all entities, including covers granted, typologies of portfolios, etc.
- Analyze the evolution of entities Cyber exposure from one year to another,
- Assist in the continuous improvement of the Cyber risk model, including manipulating and gaining detailed insights into the model (written in R) to produce the various outputs needed (model runs, sensitivities, documentation, reporting templates, controls…), while contributing to the development of methodologies for assessing Cyber risk exposure.
- Collaborate with all entities involved in Cyber risk to gather underwriting data and effectively communicate model developments and results.
- Participate to the development of the platform collecting entities underwriting data, working closely with IT teams (development roadmap, test developments, documentation update etc.)
- Contribute to the optimization of Group Reinsurance strategies to ensure adequate coverage of Cyber accumulation risk.
- Assist in conducting technical analyses as required to support risk management initiatives.
You will report to Vice President, Group Services.What you’ll bringWe’re looking for someone who has these abilities and skills:
Required Skills And Abilities
- Bachelor’s degree or equivalent in a relevant field (e.g., Actuary, Data Science, Applied Mathematics).
- Relevant years of working experience, preferably in risk management or related fields.
- Expertise in actuarial science, statistics, and risk theory.
- Excellent analytical skills with a proven ability to communicate findings clearly and concisely.
- Proficiency in R programming language for model manipulation and development.
- Business English - fluent (spoken and written).
Desired Skills And Abilities
- Ability to work collaboratively in a team environment with effective interpersonal skills.
- Flexibility and adaptability to changing circumstances and new challenges.
- Demonstrated rigor, motivation, autonomy, and proactivity.
- Curiosity and open-mindedness to explore new ideas and approaches.
What we offer
Inclusion
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 enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and 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.
Total Rewards
AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.
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.
Who we areAXA 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
