At a Glance
- Tasks: Lead Cat risk management and reporting for a global team at AXA XL.
- Company: Join AXA XL, a leader in innovative risk solutions and inclusive culture.
- Benefits: Enjoy competitive pay, flexible working, and family-friendly leave benefits.
- Other info: Be part of a diverse team committed to sustainability and community support.
- Why this job: Make a real impact on how we manage Cat risk globally.
- Qualifications: Strong analytical skills and understanding of Cat risk required.
The predicted salary is between 60750 - 74250 £ per year.
The Catastrophe Risk Centre of Excellence (COE) focuses on the identification, quantification and control of risks from natural and non-natural sources. The COE provides central risk oversight, defines aggregation limits for the division and cascades them to the appropriate business units.
Our team responsibilities include:
- Risk capacity budgeting and allocations.
- Interpretation of risk modelling and risk evaluation.
- Delivering portfolio, segment and divisional risk aggregations and risk reporting.
- Facilitating reviews of portfolio PMLs, risk drivers and concentrations.
You will work as part of a global team responsible for Cat risk management across AXA XL, supporting legal entity reporting, senior stakeholder insight, internal modelling standards and regulatory deliverables. This 9-month role offers the opportunity to influence how AXA XL understands, manages and reports Cat risk across a global portfolio, supporting senior decision-making, regulatory confidence and portfolio steering.
What you’ll be doing
What will your essential responsibilities include?
- Lead the development and enhancement of the DFA model used to evaluate Cat risk across AXA XL.
- Drive the development and ongoing maintenance of AXA XL’s Cat risk appetite framework, ensuring robust reporting, clear governance and active monitoring against agreed risk appetites.
- Own the delivery of quarterly Cat risk reporting for AXA XL and its legal entities, providing clear, value-added insight into the evolving portfolio and key risk drivers.
- Lead the annual risk budget process for future-year Cat exposure, supporting informed portfolio planning and strategic decision-making.
- Partner with the Ceded Reinsurance team to analyse and optimise the natural catastrophe ceded programme against the planned risk profile.
- Play a key role in Cat event response activities, developing timely loss estimates and insight against AXA XL’s underwriting portfolio.
- Deliver Cat risk regulatory requirements, including model analysis and exposure reporting for established regulatory returns as well as ad hoc requests.
- Work closely with AXA Group to ensure relevant Group requirements are understood, embedded and delivered effectively.
- Prepare and present clear, actionable Cat risk insight to senior management and key stakeholders.
- Build effective relationships across AXA XL, AXA Group and the wider market to enhance understanding of Cat risk and emerging risk trends.
- Champion Cat risk awareness across the organisation, helping embed risk-informed thinking into business planning and decision-making.
You will report to the Head of Reporting and Casualty and Cyber Risk Management.
What you’ll bring
We’re looking for someone with robust analytical judgement, understanding of Cat risk and the ability to turn complex information into clear insight for decision-makers.
Required Skills and Abilities
- Outstanding analytical skills, with the ability to interpret complex data and provide practical insight.
- Good understanding of Cat risk, exposure management, risk modelling or a related insurance risk discipline.
- Comfortable working with statistics, probability and uncertainty in risk analysis.
- Knowledge of commercial lines insurance and the wider insurance or reinsurance industry.
- Influential communication skills, with the ability to explain technical topics clearly to senior stakeholders.
- Highly organised, detail-focused and able to manage priorities under time pressure.
Desired Skills and Abilities
- Experience using DFA tools, capital models, risk aggregation or pricing models.
- Experience using catastrophe vendor models, such as Moody’s RMS, Verisk, CoreLogic or similar.
- Experience with Cat risk regulatory returns, risk appetite reporting or risk budgeting.
- Understanding of reinsurance structuring and its impact on net Cat risk.
- Experience in event response, portfolio monitoring or presenting risk insight to senior audiences.
- Some managerial, coaching or project leadership experience would be beneficial.
Catastrophe Risk Manager (9 Months FTC) employer: AXA Group
AXA is an exceptional employer, offering a supportive and dynamic work environment in Tunbridge Wells for nurses looking to make a meaningful impact. With a strong focus on employee growth, we provide comprehensive training, flexible working arrangements, and the opportunity to work from home, ensuring a healthy work-life balance. Join our dedicated health support team and enjoy the benefits of being part of a global leader in insurance, where your contributions truly matter.
StudySmarter Expert Advice🤫
We think this is how you could land Catastrophe Risk Manager (9 Months FTC)
✨Tap into Local Agencies
For temporary roles like the one at AXA Group, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
✨Seasonal Opportunities Are Gold
Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!
✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so AXA Group knows you can adapt quickly to their needs!
We think you need these skills to ace Catastrophe Risk Manager (9 Months FTC)
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch AXA Group's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at AXA Group
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at AXA Group. This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.
