Job
Description
Gurgaon, Haryana, India AXA XL is the Property & Casualty risk division of AXA, created from the acquisition of XL Catlin in 2018. We partner with mid-sized 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 the role is to support the Capital Modelling team in its coding, data transformation and modelling needs . What You’ll Be DOING What will your essential responsibilities include? Develop and maintain the components of Capital Modelling in insurance domain. Develop and maintain loss forecasting risk models for catastrophe risk including terrorism risk. Working in advance R/Python to visualize and understand risk distributions and its impact on of business. Proficiency in development of risk models in R/Python for terrorism/man made catastrophe. Manage using SQL data transformation requirements for catastrophe risk modelling across multiple capital models for our different legal entities. Proficiency in data management in SQL database of outputs from the capital model and enhance reporting capabilities. Contribute to the development of multiple capital models for our different legal entities in our ReMetrica modelling platform using Python. Manage the processing of detailed financial accounting data into a suitable format for entry into our various capital models. General support for division Capital Modelling Team on day to day model development tasks with a particular focus on making current processes more efficient. Other ad-hoc tasks requiring coding expertise. You will report to Senior Delivery Lead- Capital Modelling. What You Will BRING We’re looking for someone who has these abilities and skills: Required Skills And Abilities Highly numerate and analytical with good academic record(preferably IIT/IIIT), Advanced Python, R and SQL coding and algorithms skills Excellent mathematics skills with a good understanding of probability distributions. Basic understanding of copulas would be a plus. Understanding of modeling techniques such as regression, classification and basic frequency severity loss forecasting techniques. Excellent data management and transformation skills. Desired Skills And Abilities Some basic accounting concepts for GAAP/IFRS would be a plus. Curious, inquisitive, innovative and open to new ideas. Excellent attention to detail. Good verbal communication skills. A self-starter with effective organizational skills. 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. 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 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 and 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. 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. 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. We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence. 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. Show more Show less
