CAT Data Analyst

ABOUT AXA

Whatever their stage of life, we provide over 108 million customers with the products and services they need to progress. From insurance to personal protection, and savings to wealth management, no matter the need we’re always there for them. And we’re always there for our employees. In 50 countries, we work hard to inspire pride and a sense of belonging in our people. To provide opportunities that challenge them, inspire them, and reward them. And to create a culture that’s open, supportive, and empowering. Because we know that’s the real secret to success – and the best way for us to keep building a better world for both our customers and the talented people who put them first.

Your work environment:

The headquarters of the AXA Group (GIE AXA) brings together our corporate activities. It provides guidance and support to subsidiaries around the world, to ensure the coordination and monitoring of the Group's global strategy, the application of its standards, the consistency of commercial approaches and the sharing of best practices. The headquarters gathers approximately 1000 employees and is distinguished by its strong international culture (45 nationalities), which makes it a rich and stimulating place to work.

Within the Group, you will join the AXA Group Risk Management Property & Casualty (GRM P&C) and more specifically the Natural Events team.

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:

1. Develop and maintain models and tools in an efficient and strong IT ecosystem to industrialise deliverables.
2. Analyse, model and aggregate the Group’s risks (economic capital).
3. Define and implement the process enabling to secure the undertaken risks (risk appetite, assets accumulation, longevity, natural catastrophe).
4. Optimize the Group protections (reinsurance, securitization, hedging, etc.) to meet the desired strategy.

Within this Department, you will be part of the Natural Events team which is organized in 2 excellence centers: CAT R&D and Reinsurance Modelling team and Data, Platforms and Analytics team.

As part of AXA’s Internal Model under the Solvency II framework, the Natural Event team is primarily in charge of delivering the annual CAT modeling process, consisting of:

• Collecting CAT exposure data (geographical, physical and financial information) on a per-entity (+ 30 AXA P&C entities: AXA France, AXA Mexico, AXA Philippines…) and per-location basis (houses, factories, vehicles etc.);
• Assessing the risk on a per-entity per-peril basis (cyclones, earthquakes, floods, hailstorms...) which feeds the whole downstream chain locally (pricing, budgets, reinsurance decisions, capital modeling).
• Estimating the efficiency of the Group Reinsurance covers.
• Developing in-house models, methodologies and applications to support the CAT risk monitoring.

Your job and daily missions:

JOB PURPOSE

The CAT Data Analyst will focus on the key challenge of building and analysing global AXA’s property exposure and claims data which is one of the three basic modules of catastrophe models (exposure, hazard, vulnerability), to reinforce the R&D modelling ambitions for the development of various in-house CAT models and tools. The primary mission will be to clean and analyse the in-house data and to grow current technical capabilities/ solutions to meet this challenge. The CAT Data Analyst widely interacts with AXA entities, the Group Risk management and Group underwriting teams and benefits from internal IT expertise teams.

Position Responsibilities:

1. Extract, analyse and develop innovative tools and techniques for Natural Events risk:

• Create CAT claims collection process from AXA entities following natural hazard events.
• Design and implement a solid data scheme to gather, standardize and build a homogeneous claim database at Group level, ensuring compliance with security constraints and data privacy (GDPR).
• Design and implement internal procedures to verify and ensure appropriate data quality assessment for natural hazard damage and exposure modeling.
• Develop and exploit Data science innovative techniques to analyze AXA’s Property portfolios and Natural Events risk to which they are exposed.
• Develop and improve internal reports to assess AXA’s Property portfolios exposed to Natural Events risks and climate change.
• Participate in the Group’s response to climate risks and their evolutions, support the Live Events Analysis.

• Provide technical support to local entities around the collection of their exposure data.
• Assess CAT risks (cyclones, earthquakes, floods, hailstorms, droughts, wildfires) associated with these exposures using dedicated catastrophe modelling tools.
• Deliver an AXA view of the gross risk for AXA entities, enabling them to purchase adequate reinsurance in line with their risk appetite.

Let’s talk about you

Position Requirements:

1. Professional and technical skills:

• Master’s degree or equivalent in relevant field (Actuary, Data science, applied maths);
• Robust Data and programming skills: collection, transformation and mining (R/Python, SQL);
• Strong interest in Climate Change and Natural Hazard science;
• Interest in the business fields related to (re)insurance;
• Fluent in French and Business English (spoken and written);
• At least 4-5 years’ experience in a relevant field.

• Analytical skills / Ability to evolve in a diverse technical and operational environment.
• Teamwork / Project management abilities / Entrepreneurial spirit and ambition to drive change.
• Strong communication skills.
• Motivated by an international and dynamic environment.
• Curiosity to learn about the insurance industry and actuarial science.
• Autonomous and self-confident as point of contact on technical matters.