What we’re looking for: Qualified Actuary, or an Actuarial/General Insurance professional qualification or equivalent General Insurance knowledge. Significant General Insurance experience including technical risks such as reserving, pricing, underwriting, claims and insurance risk. Ability to manage key relationships and act independently. Excellent written and verbal communication skills – able to interact with Executives, Senior Management and regulators. Substantial General Insurance product and industry knowledge with understanding of regulatory framework. Experience of leading a team. Self-motivation with proven ability to work under time pressure. Ability to plan, prioritise and manage a large number of tasks. Analytical problem-solving skills. As a pre-condition of employment for this role, you must be eligible and authorised to work in the United Kingdom. As Head of Insurance Risk, you’ll support the Chief Actuary in coordinating a second line of defence on Insurance Risk management activities, covering technical risks such as pricing and underwriting. You’ll lead the Insurance Risk team in developing the standards to identify, assess, monitor and manage risks across AXA UK business units. This is a certificated role that supports the AXA UK, AXA Health and AXA Insurance CROs and AXA UK Chief Actuary in discharging responsibilities regarding Insurance Risk. You’ll play a key leadership role, participating in the organisation of the Actuarial department and wider Risk and Compliance team. 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 40% of your week away from home, with this time spent at our London office. What you’ll be doing\: Provide second line of defence on Insurance Risk considerations for strategic plan developments, for the CROs and Chief Actuary to present to the Risk Management Committee/ Board. Ensure an appropriate Risk Management Framework is in place for reserving, claims indemnity, catastrophe, underwriting, pricing, profitability and non-investment credit risks within the UK risk taxonomy. Provide input for reporting at Management Committees, CRO reports, Actuarial Function reports and ORSA report. Contribute to discussions within Board Risk Committees and provide challenge. Monitor and report adherence to risk appetites including breach management, assisting development of recovery plans where this has been breached. Develop, manage and monitor the Product Approval Process (PAP) and Deals Approval Process (DAP) for new products and material product developments for AXA. Work collaboratively with the Actuarial Function to ensure that the Insurance risk profile is adequately reflected within the internal capital model, reserve review and reinsurance recommendations. Oversee the annual stress and scenario testing (SST) process, creating the Insurance risk related scenarios and working with other teams to get input on scenarios as part of the ORSA. Co-ordination of validation activities and support the annual SMF attestations by the CRO on the internal model. Due to the number of applications we expect to receive for this role, we reserve the right to close this advert earlier than the listed closing date to ensure we’re able to effectively manage interest. Therefore, if you’re interested in joining us at AXA, please don’t hesitate to apply. At AXA UK, we’re appreciative of the people who work for us and our rewards package is reviewed regularly to reflect that. You can expect to receive: Competitive annual salary Annual company & performance-based bonus Contributory pension scheme (up to 12% employer contributions) Life Assurance (up to 10 x annual salary) 28 days annual leave plus Bank Holidays Opportunity to buy up to 5 extra days leave or sell up to 5 days leave AXA employee discounts Gym benefits To apply, click on the ‘apply for this job’ button, you’ll then need to log in or create a profile to submit your CV. 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 health condition or disability and require reasonable adjustments during the application or interview process, we’re proud to offer access to the AXA Accessibility Concierge. For our support, please send an email to rianna.cairaaxa-uk.co.uk. LI-Hybrid AXA UK Support Functions power AXA’s three customer-facing business units, providing the infrastructure, support and expertise to ensure our customers can always count on us. Whether you’ve got heaps of experience and qualifications behind you, or you’re just starting out, we’ll give you the support and opportunities to help you grow and develop with confidence. With a presence in over 60 countries, and 165,000 employees serving the needs of 107 million customers, AXA is big. But never too big to care for every single person who works here. So when you join us, we promise to put our collective might behind you and your career. You’ll work in an open and supportive environment where you’ll be developed, challenged and encouraged to move around to achieve even bigger and better things – nationally and internationally. You’ll learn directly from senior leaders, from the best in our business. And you’ll enjoy real responsibility, really early on. Every large company today talks about supporting diversity and inclusion. But at AXA UK, these values form an integral part of everything we do. For us, it’s about bringing together the best talent, helping people to realise their full potential by being 100% themselves at work and delivering outstanding service to everyone – regardless of difference.