Underwriting Risk Officer

POSITION SUMMARY
On an international scope comprising 12 insurance entities, the Underwriting Risks Management Department is in charge of developing and promoting within the IPA SA and AXA Assistance Groups all the methods in underwriting and actuarial works contributing, as a second line of defense, the establishment of a risk management system that identifies, measures, controls and mitigates the underwriting risks to which IPA SA and AXA Assistance are exposed.

KEY RESPONSABILITIES
Missions of the Department:

• Participate in all Group projects incorporating an underwriting dimension.
• Review the deals that enter into its scope regarding the existing criteria (materiality, derogations).
• Ensure and follow up that all deals that should be escalated in UW central governance are indeed.
• Prepare for the Deal Referral Committees, including the minutes and follow up of decisions.
• Participate in reviewing UW Guidelines and policies.
• Support the management/monitoring of the profitability of the deals.
• Establish and disseminate consistent pricing methods and tools to all entities.

Job main missions:

• Build the Risk Management Opinions on all technical and underwriting topics (pricing, underwriting, performance reporting, governance, and product approval processes).
• Follow up actively and contribute to an efficient monitoring of the performance of our portfolio, in close links with central underwriting (including participation in reviewing UW guidelines, assisting CRO for the Deal Referral Committee).
• Improve pricing methodologies (promoting GLM, segmentation approach) and drive back testing analysis on assumptions used for pricing (frequency, average costs, internal costs).
• Actively participate in all Group projects presenting an underwriting part.
• Coordinate between AXA Group, AXA Partners, and AXA Assistance central UW functions, as well as all underwriters and sales direction from local and regional organizations.

SKILLS AND EXPERIENCE
Higher education in economic/mathematics (Being a qualified actuary is a plus).
At least 2 years’ experience in a similar position.

Technical/Hard skills:

• Knowledge of Pricing Methods and P&C environment (Assistance would be a plus).
• Understanding of the professional environment of its field of activity (content of products and guarantees, subscription process).
• English essential (read, written, spoken); Knowledge of French is a plus.
• Proficiency in office tools, particularly Excel and Access.
• Knowledge of R language/software or Python is a plus.

Social/Soft skills:

• Ability to work in a team.
• Proactively and reactively advise both IPA SA and AXA Assistance on UW issues that may arise.
• Communicate and argue technical information effectively.
• Anticipate technical issues and propose solutions.
• Demonstrate a curious and independent spirit.
• Adaptability.
• Open-mindedness and comfort in a multicultural environment.
• Ability to work in 'remote mode': Although the team is based in Brussels, the candidate may be geographically located elsewhere; however, they will need to plan 4 to 6 trips to Brussels in the year to work directly with team members.