Senior Capital Analyst

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 UK Support Functions look after our three customer-facing business units, providing the infrastructure and expertise to make sure we can be there for our customers.

We’re seeking a detail-oriented and proactive Capital Analyst to support the calibration and development of AXA UK’s Internal Model for Health and General Insurance lines. As a key member of the Capital Modelling team, you’ll contribute to analysing and enhancing the model’s use to support strategic business decisions and help AXA UK achieve its financial targets. Reporting to the Capital Modelling Lead, you’ll collaborate closely with actuarial, risk, and finance teams to ensure robust capital management and insightful analysis.

• Support the production of capital assessments and solvency requirements, working closely with the Capital team.
• Assist in the calibration, maintenance, development, and validation of the Internal Model across AXA UK.
• Contribute to developing insurance risk assumptions and ensure model compliance with evolving regulatory standards.
• Participate in group working parties and help develop plans for model evolution and regulatory approval.
• Support the implementation of risk management systems, focusing on capital calculations and ORSA processes.
• Help embed risk appetites for insurance and health risks, ensuring compliance with policies and profitability considerations.
• Review reinsurance arrangements to ensure risk transfer is efficient and effective.
• Deliver actuarial analysis, collaborate on latest developments, and ensure controls for IFC, IMR, and external validation are properly followed.

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 December 2026. Away from home means attending the office, visiting clients or attending industry events.

We’re also happy to consider flexible working arrangements, which you can discuss with Talent Acquisition.

• Progressing through Actuarial exams with Insurance experience.
• Strong mathematical and statistical skills to support actuarial analysis.
• Proficient modelling skills, with experience in actuarial software like ReMetrica preferred but not essential.
• Experience working within a general or health insurance environment.
• Ability to design, execute, and communicate analysis under supervision from senior specialists.
• Strong communication skills to collaborate effectively across teams.
• Demonstrates a good understanding of insurance risk and capital modelling principles.
• Self-motivated with a proactive approach to learning and technical development.

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

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.