Catastrophe Management Lead

Job Description

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 Insurance UK, formed by uniting our Commercial and Retail teams under a single leadership, strengthens our core capabilities and our commitment to exceptional customer service.

Job overview:

This high-impact role, reporting directly to the UK Exposure Management Director, is pivotal in shaping AXA’s catastrophe and climate risk strategy. You'll lead the development and execution of sophisticated exposure management frameworks, integrating advanced catastrophe modelling, natural and non-natural hazard analysis, and insightful risk assessments to safeguard our business. As a strategic lead, you'll define and refine exposure and catastrophe management data and models across all lines of business, fostering a unified understanding of current and emerging risks across AXA Insurance. Your expertise will drive innovation by expanding our capability to incorporate dynamic, non-modelled and non-static solutions, ensuring our portfolio optimisation is grounded in the most accurate, forward-looking insights.

Key responsibilities:

• Supporting the Exposure Management Director to build and lead the cross-division Exposure Management team and processes, setting strategies and priorities that reflect the business environment and ensure that AXA UK has best in class exposure and catastrophe management capability.
• Establish and embed a dedicated internal team for Cat modelling, climate science, long-term scenario modelling and data management.
• Own Business relationship with the model vendor to ensure AXA Insurance continue to stay at the forefront of model development and innovation.
• Responsible for proactively seeking market insights on emerging risks to aid development of exposure insights to inform portfolio direction and actions.
• Leads research and development of new models for non-static and non-modelled exposure management solutions to build out the overall Exposure Management function.
• Collaborate with both the Pricing teams to ensure that their respective models contain up to date insights and assumptions.
• Support and collaborate with the wider Climate Change and ESG teams.
• Work with the Exposure Management Director to promote and reinforce a culture of Exposure Management and Catastrophe Risk awareness throughout the organisation.
• Proactively develop relationships within and outside AXA UK, including attending appropriate conferences and training, to improve our understanding of Catastrophe risk.
• Build effective working relationships with AXA Group, AXA XL and Reinsurance Brokers.

Work arrangements:

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%) from January 2027. Away from home means attending the office, visiting clients or attending industry events.

Your skills & experience:

• Result-oriented individual with a strong analytical and/or statistical background.
• Extensive experience of working in a senior role within an Exposure Management or Cat Modelling team.
• Good technical understanding of the various modules and components that sits within catastrophe models.
• Experience of working with and critiquing inputs and outputs from catastrophe models including model validation.
• Ability to develop and maintain an exposure community across divisions, reinsurance and second line to ensure effective relationships and direction of travel are aligned.
• Knowledge of the technical underwriting process, including technical pricing, risk assessment, commercial considerations, and any capital implications.
• Understanding of business operations, particularly regarding navigating a large corporation or identifying key stakeholders and their needs.
• In-depth understanding of current and emerging risks, exposure management, underwriting and pricing practices.
• Ability to seek and synthesise market insight and emerging risk information into exposure models.

As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.

How to apply:

To apply, click on the ‘apply now’ button, you’ll then need to log in or create a profile to submit your CV. 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. For our support, please send an email to saraya.cussons@axa-uk.co.uk.

We encourage you to apply for this opportunity as soon as possible, as we may close this advert earlier than the listed closing date.

Salary

Dependent on experience