Catastrophe Risk Manager (9 Months FTC)

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 12-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.

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 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.

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.

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.

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.