Specialist Capital Actuary

AXA XL is an Equal Opportunity Employer.

Specialist Capital Actuary

Dublin, Ireland

AXA XL is the Property & Casualty risk division of AXA, created from the acquisition of XL Catlin in 2018. We partner with mid size 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.

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.

What you'll be DOING

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.
• Production of 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.
• Support engagement with the CBI and wider regulatory college on the ongoing use and development of the capital model.
• Ensure governance processes are appropriately followed and data quality standards are met.
• Respond to queries or ad hoc investigations regarding the capital or underlying risk position of the entity.

You will report to the Head of Capital Modelling, Ireland.

What you will BRING

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

Required Skills and Abilities

• Nearly or newly qualified actuary with experience working for a P&C insurance company.
• Knowledge and/or experience of Solvency II.
• Highly numerate and analytical with very good academic record.
• A self starter with compelling organisational skills.
• Good written and verbal communication skills.
• Good working knowledge of capital modelling concepts.
• Excellent Microsoft Excel skills - preferably with experience of VBA.
• Demonstrates a growth mindset by embracing continuous learning, seeking feedback, and proactively developing skills to adapt to evolving industry challenges and opportunities.
• Committed to performance excellence by setting high standards, striving for continuous improvement, and delivering high quality results consistently.

Desired Skills and Abilities

• Knowledge and/or experience of capital modelling for a P&C insurance company, R, Python & ReMetrica skills are beneficial.
• Builds resilience by maintaining focus and effectiveness under pressure, adapting to setbacks, and remaining positive and solution oriented in challenging situations.
• Exhibits robust cross functional collaboration skills, effectively partnering across teams, functions, and geographies to achieve shared objectives and foster a cohesive work environment.
• Exhibits effective leadership qualities, including influencing, negotiating, and inspiring teams to achieve strategic objectives.
• Possesses an analytical and strategic mindset, with the ability to interpret data, identify trends, and develop long term strategies aligned with organisational goals.
• Communicates effectively by conveying complex ideas clearly and persuasively to diverse audiences, including senior leadership, stakeholders, and technical teams.
• Demonstrates an effective commitment to understanding and prioritising the needs of internal and external stakeholders, ensuring that risk management strategies and communication are aligned with delivering value and fostering trust.
• Demonstrates agility by quickly adjusting priorities and strategies in response to changing business needs, industry developments, and regulatory landscapes.

What we OFFER

Inclusion

• 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.

Total Rewards

AXA XL's reward programme 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 personalised, inclusive benefits that evolve as you do, with long term reward focus.