Cyber Risk Modeller

**Job Description**:
**YOUR WORK ENVIRONMENT**:
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

**YOUR ROLE AND RESPONSABILITIES**:
Within the Group, you will join the Group Risk Management P&C.

Within this Department, **you will be part of the Actuarial & Cat Man-made team.**

**Your job and daily missions**:
The Cyber Risk Modeller will work into a team of 8 people dedicated to actuarial activities (Cyber modelling, Liability modelling, and Reserving).

Cyber insurance is a fast-growing and evolving Business, on which AXA has the ambition to keep growing as part of its Strategic Plan. Starting in 2017, AXA has been developing a Cyber model, aimed at assessing what could be the most extreme losses at a bicentenary horizon.

Compared to more traditional P&C risks, Cyber comes with two main difficulties:

- There is a lack of historical claims data, mainly due to the fact that this Line of Business is relatively new. Unlike Property, the major events are yet to be seen, which makes the estimation of an extreme event uncertain.
- Cyber is a man-made risk, partly created by malicious actors. For this reason, the risk is evolving fast and new threats can occur. Hence, there is a need to review frequently the way it is modelled to ensure that new threats are captured.

These difficulties are core reasons why AXA is investing on Cyber R&D activities so that the model is kept up-to-date at all times.

The Cyber Risk Modeller will be expected to:

- Learn about the characteristics of AXA Cyber Business in all its Entities (covers granted, typologies of portfolios, etc.)
- Dive into the Model, including: manipulating the model (written in R), getting a detailed understanding of it, developing the methods of stochastic modelling of catastrophes, contributing to a R&D roadmap.
- Interact with every entity concerned by Cyber risk regarding their underwriting data and communicate them the model developments and results.
- Manage the development of the platform collecting entities underwriting data, working along the IT teams.
- Take part to the optimization of the Group Reinsurance to make sure Cyber risk is appropriately covered.
- Contribute to any technical analysis that may be required.

To carry out these missions, the Cyber Risk Modeller will be supported with:

- Exposure reporting tool, called Clymene. This reporting tool integrates very granular data on AXA policies and covers, for most of the countries in which it operates, and are the cornerstone of Cyber Modelling.
- Existing Cyber scenarios, that can be refined or used as inspirations to build the new scenarios.
- Strong and diversified expertise on P&C, either on Underwriting, Claims management, or Actuarial science within the Group.

**YOUR PROFILE**:
**Let’s talk about you**:
**Academic background**- Engineer, Quant, Actuary, Master’s in Mathematics or Statistics

**Experience**- Between 0 and 4 years of experience

**Hard skills**- Expert in probability, statistics, risk theory, actuarial science
- Very strong analytical/quantitative skills
- Cyber risk knowledge is a plus but is not mandatory
- Ability to communicate in a clear and concise way

**Soft skills**- Ability to work in a team, good interpersonal skills, flexibility/adaptability
- Rigor, motivation, autonomy, proactivity
- Curiosity and open-mindedness

**Languages**- Professional level in English

This position is a great opportunity to gain a solid understanding of both Cyber insurance business and modelling in a regulatory and strategic context within a leading international Group.

**WHY JOIN US**:
You will join:

- A responsible company, towards people, including its employees and customers, and towards the planet
- A company with strong values
- A company promoting internal mobility and the training of its employees
- A company offering many benefits (learn more here: Reward & Benefits | AXA Group)
- A flexible company, allowing hybrid work, in the office and from home.

In line with our commitments, we celebrate each new hire by taking action for global reforestation: we plant a tree for every recruitment. So, are you ready to apply?