Catastrophe Risk Manager

Catastrophe Risk Manager – Cyber

London, New York, Stamford, Paris and Bangalore

The Catastrophe Risk Centre of Excellence (COE) focus on the identification, quantification and control of risks from natural and man-made sources. Furthermore, the COE works to provide central risk oversight and define aggregation limits for the division and cascade them down 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 PML’s, risk drivers & concentrations.

You will be working in a global team responsible for the risk management across the AXA XL division supporting Legal entity reporting, various stakeholders across the wider organisation, management of the internal modelling best practices, as well as assisting in regulatory requests.

DISCOVER your opportunity

The primary purpose of the role is to lead and develop our assessment and modelling of Cyber Catastrophe risk and how that risk could materialise within our underwriting portfolio. This role’s key responsibilities will be:

Manage the assessment of Cyber Catastrophe Risk from all lines of business, with a focus on the direct Cyber lines. This will require leveraging internal and external data and assist in creating best practices and tools for data capture, risk selection, scenario testing and portfolio modelling.
Create internal best practices related to Cyber Catastrophe modelling, including development and quantification of Realistic Disaster Scenarios, and modelling of Cyber Catastrophe risk by leveraging internal and external models.
Develop the Cyber data collection framework across the organisation to better understand the full picture of cyber exposure across all business lines.
Enhance reporting of Cyber risk management, further embedding modelling and exposure reporting into the wider risk management framework.
Lead the delivery of regulatory requirements for Cyber risk management across all AXA XL entities worldwide. This will include RDS analysis and exposure reporting for established regulatory returns as well as ad-hoc requests.
Lead the Risk Appetite processes across insurance and reinsurance segments supporting underwriting strategy and capacity allocation decisions.
Contribute to the AXA Cyber Ambition by playing a key influencing role in the development of the go-forward strategy for managing Cyber risk across AXA Group.
Work both autonomously and as part of a wider geographically disperse team, to find solutions to modelling and data challenges.
Present to senior management and key stakeholders.
Develop relationships within and outside the Group to improve our understanding of Cyber risk.
Participate in event response activities, by helping to break down a real event into a simple model to run against our insured portfolio.
Help to reinforce a culture of Cyber risk awareness throughout the organisation.

You will report to Head of Reporting, Casualty and Cyber Risk Management.

SHARE your talent

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

Experience using Cyber vendor models
Understanding and experience completing Cyber regulatory returns
Comfortable with statistics and probability theory
Knowledge of commercial lines insurance products and the insurance industry, including regulatory framework
Understanding of business operations, particularly regarding navigating a large corporation or identifying key stakeholders and their needs
An ability to extract insight out of data – but also through discussions with experts
You must be driven and able to work on your own when needed
Ability to collaborate with audiences with a wide range of technical knowledge and at different levels on an organisational hierarchy
A self-motivated problem solver with a robust attention to detail and ability to work independently
A highly organized individual with a proven track of working under time pressure
Team player with a proven ability to partner with business partners and manage key relationships
Excellent written and verbal communication skills to communicate with and present to senior leaders

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.

Learn more at axaxl.com

Inclusion & Diversity

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

Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

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

The U.S. base salary range for this position is $121,000 to $171,000 USD.

AXA XL is a global Company. The salary range noted above is applicable only for US applicants. Actual pay will be determined based upon the individual’s skills, experience and location. We strive for market alignment and internal equity with our colleagues’ pay.

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