At a Glance
- Tasks: Lead risk governance and manage the Product Approval process in a dynamic insurance environment.
- Company: Join AXA, a global leader in insurance and financial services.
- Benefits: Enjoy flexible working arrangements, competitive salary, and career development opportunities.
- Other info: Hybrid work model with a focus on work-life balance and inclusivity.
- Why this job: Make a real impact on risk management and strategic decision-making in a supportive team.
- Qualifications: Experience in risk pricing, excellent stakeholder management, and strong analytical skills.
The predicted salary is between 60000 - 75000 £ per year.
About AXA: AXA is a global leader in insurance and financial services, dedicated to helping customers protect what matters most to them. As the sixth‐largest insurance company in the world, we provide a wide range of services, including health, car, home, and business insurance. We support millions of customers worldwide, helping them navigate life's uncertainties with confidence.
AXA UK Support Functions look after our three customer‐facing business units, providing the infrastructure and expertise to make sure we can be there for our customers.
We're seeking a proactive insurance risk professional to join AXA UK's Risk team. You'll oversee the Product Approval process, provide independent risk reviews, and support strategic projects with expert opinions on pricing and claims risks. You'll also help maintain and review underwriting policies and ensure the Risk Management Framework aligns with risk appetites. Your role will lead effective risk governance and enable informed decision‐making across the business.
Key responsibilities:- Manage and monitor the Product Approval Process, providing second‐line opinions and coordinating with Risk and Compliance.
- Conduct independent risk reviews of pricing, claims, and portfolio management to support strategic challenge.
- Support senior leaders in reviewing key projects and providing formal risk opinions on pricing and claims.
- Contribute to risk considerations in strategic planning, ensuring activities align with business goals.
- Develop and maintain underwriting and reinsurance policies.
- Coordinate the implementation of the Risk Management Framework, monitor risk adherence, and assist in action plans to stay within risk appetite.
At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers. You'll work at least two days a week (40%) away from home, moving to three days a week (60%) in the future. Away from home means attending the office, visiting clients or attending industry events. We're also happy to consider flexible working arrangements, which you can discuss with Talent Acquisition.
Your skills & experience:- Expertise as a Risk Pricing Specialist, ideally within the UK Health insurance market.
- Excellent stakeholder management skills to manage key relationships and influence decisions.
- Brilliant interaction skills with Executives, Senior Management and regulators.
- Substantial product and industry knowledge and understanding of regulatory framework.
- Business acumen and self‐motivation.
- Proven ability to work under time pressure.
- Analytical problem‐solving skills.
As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom. We're proud to be an Equal Opportunities Employer and don't discriminate against employees or potential employees based on protected characteristics. If you have a long‐term condition or disability and require adjustments during the application or interview process, we're proud to offer access to the AXA Accessibility Concierge.
Insurance Risk Lead: Pricing & Governance (Hybrid) in Royal Tunbridge Wells employer: AXA Group
AXA is an exceptional employer that prioritises employee well-being and professional growth, offering a hybrid work model that promotes flexibility and work-life balance. With a strong commitment to diversity and inclusion, AXA fosters a collaborative work culture where innovative ideas are valued, and employees are empowered to make impactful decisions. Joining AXA means being part of a global leader in insurance, with ample opportunities for career advancement and the chance to contribute to meaningful projects that protect what matters most to our customers.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Risk Lead: Pricing & Governance (Hybrid) in Royal Tunbridge Wells
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those at AXA. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by researching AXA's values and recent projects. Show us how your skills align with their goals, especially in risk management and pricing. Tailor your examples to highlight your expertise!
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience as a Risk Pricing Specialist makes you the perfect fit for the role. Keep it concise but impactful—first impressions matter!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Insurance Risk Lead: Pricing & Governance (Hybrid) in Royal Tunbridge Wells
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Insurance Risk Lead role. Highlight your experience in risk pricing and governance, and don’t forget to showcase your stakeholder management skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role at AXA and how your background aligns with our needs. Keep it concise but impactful – we love a good story!
Showcase Relevant Experience:When filling out your application, be sure to highlight any relevant experience in the UK health insurance market. We’re looking for someone who understands the industry and can hit the ground running, so make that clear!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Let’s get started on this journey together!
How to prepare for a job interview at AXA Group
✨Know Your Risk Stuff
Make sure you brush up on your knowledge of risk pricing, especially within the UK health insurance market. Be ready to discuss specific examples from your past experience that demonstrate your expertise and how it aligns with AXA's needs.
✨Stakeholder Management is Key
Prepare to showcase your stakeholder management skills. Think of instances where you've successfully influenced decisions or managed relationships with senior management or regulators. This will highlight your ability to navigate the complexities of the role.
✨Show Off Your Analytical Skills
Since the role involves a lot of analytical problem-solving, be prepared to tackle some scenario-based questions. Practice articulating your thought process clearly, as this will demonstrate your ability to think critically under pressure.
✨Understand the Company Culture
Familiarise yourself with AXA's values and work culture, especially their approach to flexible working arrangements. Being able to discuss how you can contribute to their goals while fitting into their culture will set you apart from other candidates.
