Context

AXA Group Risk Management Property & Casualty (GRM P&C) deals with the most sophisticated P&C technical and actuarial challenges of a leading international insurance company, among which the management of natural catastrophe risks (CAT). Natural variability of climate and seismic activity have demonstrated their devastating potential, climate change bringing additional uncertainty for the future. AXA’s rapid expansion over the last years – both in terms of geographical footprint and P&C insurance offer – widely exposes AXA to natural perils, being in charge of the financial protection of its clients. In this context, AXA must maintain state-of-the-art CAT risk management techniques through permanent innovations.

Group Risk Management

AXA GRM brings together high level and multidisciplinary staff with engineers, PhDs, actuaries, data scientists and financials split between Paris, Hong Kong, Zürich and Madrid. Its main missions are focused on the following key areas

Job background

Position belongs to the Group P&C Risk Management Natural Catastrophe and Reinsurance team (21 FTE) which is organized several excellence centers NAT CAT R&D Modeling, Data Analytics, Accumulation Management and Reinsurance. As part of AXA’s Internal Model under the Solvency II framework, the NAT CAT and Reinsurance team are primarily in charge of delivering the annual NAT CAT modeling process, consisting of

The NAT CAT modelling process has strong strategic and operational impacts since it feeds AXA Economic Capital internal model, the Economic Combined Ratio and NAT CAT budget and strategic plan calculations which drives the earnings and the solvency position of AXA Group. It and determines adequate levels of reinsurance needs, which may boost or hinder profitability. It is also a technical challenge with the data collection of 25+ millions of complex and worldwide policies covering 50+ millions risks, the parallel use of multiple modeling solutions including both physics and machine learning techniques, and finally the assessment of 190 country x peril levels of risk.

Mission

The NAT CAT DATA & Analytics team widely interacts with R&D Modelling team (in charge of developing internal CAT models), Reinsurance teams (in charge of ceded reinsurance modelling), Underwriting team (in charge of developing actuarial frameworks for technical pricings) and benefits from the IT expertise of two additional FTEs. The Internal Data Engineer/Analyst will have to develop and integrate innovative data products to enhance the NAT CAT risk assessment, be proactive and innovative in the continuous development of new functionalities.

The intern will actively contribute to this effort by:

Your Profile

Education

Technical & Professional Skills

Interpersonal skills

About AXA

Why AXA ? Every day, we work together for human progress by protecting what matters. A mission that puts a smile on your face and makes you want to get up in the morning !

One of the world's leading insurers in the protection of property, people and assets, AXA is 145,000 employees and contributors who are committed to our customers on a daily basis, 51 countries in which we distribute our products and services and more than 90 million customers who place their trust in us worldwide. As a responsible corporate citizen, AXA is committed to social and environmental causes on a daily basis. We are committed to an inclusive policy that recognizes and values individual differences. Do these ambitions speak to you ? Then come and change the world with us !

About the Entity

The headquarters of the AXA Group is based in Paris - La Défense (Majunga Tower) and brings together the Group's corporate activities. It is distinguished by its strong international culture.

What We Offer

You will join:

The information provided by applicants will be treated as strictly confidential and used for recruitment purposes only.