Gurgaon, Haryana, IndiaAXA 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 Natural Catastrophe Data Analyst will be a part of the AXA XL team, fully dedicated to supporting AXA Group Risk Management in the effective assessment and management of natural catastrophe risks. This role involves collaborating with various stakeholders to enhance our understanding of natural hazards and their impact on AXA’s portfolio. You will play a key role in supporting the continuous improvement of the CAT modeling process, leveraging data analysis and programming skills to contribute to the development of methodologies that assess natural catastrophe exposure. Your work will directly support decision-making processes related to risk management and Group Reinsurance strategies, ensuring that AXA remains resilient in the face of evolving risks.
What You’ll Be DOING
What will your essential responsibilities include?
- Acquire a comprehensive understanding of AXA's natural catastrophe risk landscape across all entities, including exposure data, geographical, and financial information.
- Assist in the continuous improvement of the CAT modeling process, including evaluating and gaining insights into CAT modeling software and their releases (e.g., RMS, Verisk, ICM) while contributing to the development of methodologies for risk assessment.
- Participate in the review of ICM codes developed by the GRM team and perform sensitivity analyses to evaluate and quantify model uncertainties.
- Support the development of sophisticated natural hazard perils (floods, hailstorms, wildfires, windstorms, tropical cyclones, earthquakes, landslides…) from hazard to vulnerability modules.
- Collaborate with all entities involved in natural catastrophe risk to gather relevant underwriting data and effectively communicate modeling developments and outcomes.
- Contribute to the creation of data products that support exposure management, including building exposure databases and implementing disaggregation methodologies, as well as engaging in ‘Live CAT’ (live assessment of CAT events) activities.
- Participate in the development of internal IT applications for exposure management (Clymene), CAT modeling (NOTUS), aggregation (RHEA), and GIS visualization (GAIA), ensuring seamless integration and functionality across platforms.
- Contribute to the optimization of Group Reinsurance strategies to ensure adequate coverage of natural catastrophe risks.
- Assist in conducting technical analyses and portfolios to support risk management initiatives related to natural catastrophes.
- Contribute to technical documentation and adopt best knowledge management practices to comply with regulatory environments (Solvency II, GDPR).
You will report to Vice President, Insurance Operations.
What You Will BRING
We’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.
- Robust Data and programming skills: collection, transformation and mining (R/Python, SQL).
- Excellent interest in Climate Change, Natural Hazard science and business fields related to (re)insurance.
- Expertise in natural catastrophe modeling, statistics, and risk theory.
- Business English - fluent (spoken and written).
Desired Skills And Abilities
- Ability to work collaboratively in a team environment with effective interpersonal skills.
- Analytical skills / Ability to evolve in a diverse technical and operational environment.
- Effective organizational skills and attention to detail.
- Flexibility and adaptability to changing circumstances.
- Demonstrated rigor, motivation, autonomy, and proactivity.
- Curiosity and open-mindedness to explore new ideas and approaches.
Who WE are
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
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.
