AXA XL is an Equal Prospect Employer.
Specialist Capital Actuary
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. XLICSE is the main insurance company platform to operate under the AXA XL brand from branches within Europe and Asia Pacific.
The key purpose of this role is to support the Head of Capital Modelling, Ireland in ensuring that the risk profile of XLICSE is adequately modelled and communicated via an internal capital model that reflects AXA Group standards.
What you’ll be DOING
What will your essential responsibilities include?
Support the ongoing development and use of approved Solvency II internal model for XLICSE including:
Maintenance and adjustment of model code.




Management and review of parameterisation processes, ensuring they are completed in time for model use and in line with specified standards.
Performance testing on model outputs to ensure appropriateness of model calibration.
Production and review of model inputs and outputs including justifying their appropriateness for the entity’s exposure.
Production of such written reports and quantitative output as may be required in the communication and validation of the capital model.
Support the XLICSE Risk and Actuarial functions in production of internal model-based risk metrics e.g., stress testing for ORSA, ceded reinsurance assessment.
Support the engagement with the CBI and wider regulatory college on the ongoing use and development of the capital model.
Ensure governance processes are appropriately followed and data quality standards are met.
Respond to queries or ad-hoc investigations regarding the capital or underlying risk p

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