Capital Analyst

Job Description - Capital Analyst (12010025D20240508)

Job Description

Capital Analyst (

Job Number:

12010025D20240508 )

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Capital Analyst

Location: Dublin, Ireland or Paris, France (in Hybrid Working Mode)

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.

This position reports to the Head of Capital Modelling, Ireland.

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What will your essential responsibilities 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.

· Support the engagement with the CBI and wider regulatory college on the ongoing use and development of the internal model.

· Assist in the 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.

· Respond to queries or ad-hoc investigations regarding the capital or underlying risk position of the entity.

· Ensure governance processes are appropriately followed and data quality standards are met.

· Production and maintenance of model documentation to a sufficient standard to meet regulatory and professional demands in respect of any activity carried out.

We’re looking for someone who has these abilities and skills:

Required Skills and Abilities:

· Nearly or newly qualified actuary with experience working for an insurance company,

· Knowledge and/or experience of Solvency II,

· Highly numerate and analytical with very good academic record,

· A self-starter with strong organizational skills

· Good written and verbal communication skills,

· Good working knowledge of capital modelling concepts, R coding & ReMetrica skills beneficial,

· Excellent Microsoft Excel skills – preferably with experience of VBA.

FIND your future

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.

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 a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can 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

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.

• 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.

AXA XL is an Equal Opportunity Employer.

Location

Location

: IE-IE-Dublin

Work Locations

: IE Dublin Wolfe Tone House Wolfe Tone Street Dublin D02 VK30

Job Field

Job Field

: Actuarial

Schedule

Schedule

: Full-time

Job Type

Job Type

: Standard

AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.