Structuring and Analytics Lead

The Ceded Re Structure and Analytics team is core in developing the Ceded Re Program Strategy and providing analysis within the Ceded Re function and a broader set of interested Stakeholders across AXA XL.In this role, you will be primarily responsible for the AXA XL reinsurance strategy definition and the design of the AXA XL ceded Property programs, which is one of AXA XL’s subject risks.

DISCOVER your opportunity

What will your essential responsibilities include?

• Work with all AXA XL stakeholders and AXA Global Re (the AXA Group global center of competence for reinsurance) to define the placement strategy and assure the effective execution of the placement of the treaty program.
  
• Contribute to the ceded guidelines for the placement by the business of Facultative (both elective and non-elective) reinsurance.
• Lead the process to design the Ceded Re treaty program for AXA XL working with the Business, Risk Management and Finance to optimally meet the Division’s business needs and risk limits.
• Represent Ceded Re function in the Business Unit’s Reinsurance Committees and in the Boards of the Legal Entities to share the options for the renewed reinsurance structure.
• Capture their feedback and refine the final reinsurance structure proposition.
• Submit the final reinsurance structure proposition to the AXA XL Reinsurance Committee for validation.
• Define & recommend to Global CUOs options for the RI budget allocation.
  

• Remain current on coverage and legal trends to ensure contracts protect the company from adverse or unexpected loss.
  
• Work with AXA XL Risk Management to design ad hoc reinsurance structures (e.g., ADC, LPT, etc.) to manage the overall risk profile of AXA XL.
  
• Support Treasury to design intra-group reinsurance structures to manage the risk profile and capital requirements of individual Division legal entities.
  
• Perform scenario modelling and actuarial studies on the existing AXA XL reinsurance structure to assess their relevance with the new reinsurance strategy.
  
• Conduct on-going performance analysis of the current reinsurance structure and reporting outcomes.
  
• Contribute to the elaboration of the “presentation packs” shared with the brokers & reinsurers with AXA XL & AGRe Placement officers.
  
• Develop and enhance processes and metrics to support the analysis of ceded reinsurance transactions.
  
• Contribute to internal thought leadership relating to evolving approaches towards capital allocation and optimization from perspective of cedant (AXA Group, AXA XL).
  
• Engage in ongoing research and analysis to derive proprietary insights and conclusions relating to peer group performance and identification of relative value opportunities in market.
  
• Guarantee adequate collaboration with AXA XL underwriters, actuaries, operations, claims and finance team members for data gathering, processing, pricing and risk analysis.
• Liaise & collaborate on an on-going basis with other Ceded Re teams (placement, operations) and AXA XL/AXA Group stakeholders.
  
• Ensure an adequate understanding of the Ceded program by key stakeholders, notably: AXA Group, AXA XL Board, Regulators, AXA XL management, underwriting community.
  
• At the request of the Ceded Re/AGRe placement officers, interact with reinsurers & brokers to address any specific request.
  
• Provide opinions on the reinsurance contract’s terms and conditions.

You will report to Head of Structuring and Analytics – Ceded Re.

SHARE your talent

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

Required Skills and Abilities:

• Advanced university degree in Insurance, Actuarial, Finance, Legal, Mathematics, Economics, Sciences or Engineering preferred.
  
• Proven Reinsurance knowledge and experience in insurance or reinsurance.
  
• Proven experience in evaluating, structuring, pricing portfolio finance / stop loss facilities.
  
• Very good understanding of insurance and reinsurance techniques, products and markets, Actuarial/Risk Assessment/Financial Techniques.
  
• Outstanding knowledge / expertise in a subject risk.
  
• Able to demonstrate effective data and analytical skills and the ability to manage large submission data sets, an above-average level of quantitative skills using complex data and information.
  
• Experience with one or more relevant data analysis tools, e.g. SQL Server, Matlab, R, etc.
  
• Expertise with different insurance models and RMS and AIR vendor models for Property CAT, ideally including multi-model calibration and implementation in a traditional reinsurer and/or ILS fund context.
  
• Some progress towards the completion of an actuarial or CFA qualification.
  
• Advanced proficiency in MS Office: Access, Word, Excel, and Power Point.
• Fluent English.
• Analytical skills.
• Rigor and ability to identify and summarize the main issues in a clear and simple language.
  
• Ability to communicate and forge constructive relations across the various entities of the Group as well as senior internal stakeholders.

Desired Skills and Abilities: