Risk Manager

The Risk Manager supports the Reinsurance Risk Management team by providing strategic oversight and technical expertise to ensure the effective operation of the risk management framework for Bermuda and North America Reinsurance entities. Reporting directly to the CRO Bermuda & North America, the position plays a key role in risk governance, reporting, and operational risk oversight - while ensuring adherence to AXA Group Standards, Policies, and regulatory requirements.

The role involves collaborating across teams to refine risk frameworks, offering expert insights, and driving continuous improvement.

What will your essential responsibilities include?

• Oversee and contribute to the preparation and review of risk reports, including Own Risk & Solvency Assessment (ORSA), stress testing and risk dashboards, ensuring accurate and comprehensive analysis of risk positions, developments and emerging threats.
• Collaborate with cross-functional teams (e.g., actuarial, underwriting, investments, finance, and compliance) and Risk Management centers of excellence to review, refine, and implement risk frameworks.
• Lead or contribute to the annual review and refinement of risk policies, risk appetite frameworks, and internal controls, ensuring they remain aligned with evolving risk environments and strategic objectives.
• Monitor and advise on regulatory guidance, collaborating with Compliance, and supporting the integration of regulatory requirements into risk frameworks.
• Lead or support key risk initiatives, including the review and enhancement of elements of the risk management framework, providing expert insights and strategic recommendations to the CRO.
• Support the continuous improvement of risk management processes through automation, data analysis, innovative solutions, and technological advancements. Proactively identify opportunities to streamline processes and promote operational efficiencies across risk functions.
• Provide self-supported risk assessments and second opinions on business strategies and profitability, contributing to strategic decision-making.
• Facilitate risk governance activities, including risk committee support, reporting, and documentation.
• Mentor and support junior members of the Risk team to foster their development and enhance team capabilities.
• Support the CRO in special projects, strategic initiatives, and risk management activities, as needed.
• You will report to CRO Bermuda & North America, Reinsurance.

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

Required

Skills and Abilities:

• Bachelor and/or Master’s degree in insurance/risk management, actuarial studies, finance, economics, mathematics or business administration
• Experience in the (re) insurance industry, preferably in risk management, underwriting, claims and/or actuarial
• Solid understanding of risk management techniques and practices
• Robust knowledge of ERM-related regulatory frameworks and requirements
• Critical thinking, analytical skills and meticulous attention to detail
• Excellent verbal and written communication skills
• Ability to coordinate and deliver cross functional projects involving multiple stakeholders across the group
• A continuous improvement mindset

Desired

Skills and Abilities:

• Proven experience managing a CISSA or ORSA submission process
• Robust technological skills including proficiency in data analysis and visualization tools such as Power BI

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.

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

Inclusion

AXA XL is committed to equal employment opportunity and will consider…