Job Description
AXA XL is an
Employer
Specialist Capital Actuary Dublin, Ireland 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
XLICSE is the main insurance company platform to operate under the AXA XL brand from branches within Europe and Asia Pacific
The key purpose of this role is to support the Head of Capital Modelling, Ireland in ensuring that the risk profile of XLICSE is adequately modelled and communicated via an internal capital model that reflects AXA Group standards
What you’ll be DOING What will your essential
include
Support the ongoing development and use of approved Solvency II internal model for XLICSE including: Maintenance and adjustment of model code
Management and review of parameterisation processes, ensuring they are completed in time for model use and in line with specified standards
Performance testing on model outputs to ensure appropriateness of model calibration
Production and review of model inputs and outputs including justifying their appropriateness for the entity’s exposure
Production of such written reports and quantitative output as may be required in the communication and validation of the capital model
Support the XLICSE Risk and Actuarial functions in production of internal model-based risk metrics e.g., stress testing for ORSA, ceded reinsurance assessment
Support the engagement with the CBI and wider regulatory college on the ongoing use and development of the capital model
Ensure governance processes are appropriately followed and data quality standards are met
Respond to queries or ad-hoc investigations regarding the capital or underlying risk position of the entity
You will report to the Head of Capital Modelling, Ireland
BRING We’re looking for someone who has these abilities and skills: Required Skills and Abilities: Nearly or newly qualified actuary with experience working for a P&C insurance company, Knowledge and/or experience of Solvency II, Highly numerate and analytical with very good academic record, A self-starter with compelling organizational skills Good written and verbal communication skills, Good working knowledge of capital modelling concepts, Excellent Microsoft Excel skills – preferably with experience of VBA
Demonstrates a growth mindset by embracing continuous learning, seeking feedback, and proactively developing skills to adapt to evolving industry challenges and opportunities
Committed to performance excellence by setting high standards, striving for continuous improvement, and delivering high-quality results consistently
Desired Skills and Abilities: Knowledge and/or experience of capital modelling for a P&C insurance company, R, Python & ReMetrica skills are beneficial
Builds resilience by maintaining focus and effectiveness under pressure, adapting to setbacks, and remaining positive and solution-oriented in challenging situations
Exhibits robust cross-functional collaboration skills, effectively partnering across teams, functions, and geographies to achieve shared objectives and foster a cohesive work environment
Exhibits effective leadership qualities, including influencing, negotiating, and inspiring teams to achieve strategic objectives
Possesses an analytical and strategic mindset, with the ability to interpret data, identify trends, and develop long-term strategies aligned with organizational goals
Communicates effectively by conveying complex ideas clearly and persuasively to diverse audiences, including senior leadership, stakeholders, and technical teams
Demonstrates an effective commitment to understanding and prioritizing the needs of internal and external stakeholders, ensuring that risk management strategies and communication are aligned with delivering value and fostering trust
Demonstrates agility by quickly adjusting priorities and strategies in response to changing business needs, industry developments, and regulatory landscapes
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
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
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
and personalized, inclusive
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.
