Risk Management Analyst
Participate in building and promoting a Risk Culture in AXA Egypt.
Perform data quality checks on data used in different processes.
Document, review and regularly update risk management procedures and company policies.
Contribute in the preparation of structured risk management update reports to the ExCom/ARCC/Audit Committee.
Contribute to the implementation of the Maturity Models.
Produce a risk management opinion on large accounts, partnerships, bancassurance deals and annual strategic plans.
Participate in work required to set up the risk appetite framework in line with the local requirements and AXA group standards.
Conduct quantitative studies of risk and profitability as well as review pricing tools in the context of Product Approval Process.
Conduct reserving calculations to ensure the appropriateness of reserves.
Contribute to the review of reinsurance programs to confirm retention and cover appropriateness through stress tests.
Contribute to the process of measuring accumulation of exposure and monitoring it on a regular basis.
Contribute to the development of 2nd opinion on Asset Liability Management (ALM), Strategic Asset Allocation (SAA) and Investment Approval Process (IAP) studies.
Facilitate the identification, categorization, assessment, prioritization, creation of action plans and regular update of potential and emerging local risks in line with the regulatory requirements and AXA group standards.
Coordinate the regular reporting of Loss Data Collection (LDC)
Support in the establishment and monitoring of Key Risk Indicators.
Coordinate with IT regarding implementation of information security, business continuity and disaster recovery plans.
Produce a risk management opinion on critical IT projects.
Conduct qualitative assessment of operational risks in the context of Product Approval Process.
Conduct Internal Control Processes review.
Assist other areas of the business with tasks/projects as required.
Perform all other duties assigned by manager
Business Knowledge/Technical Skills:
Bachelor Degree in Mathematics, Statistics, Actuarial Science (preferable) or Engineering.
Actuarial exam passes are a plus
0-3 years in Risk Management, Actuarial or another technical functions in an insurance, reinsurance or consulting company
Highly numerate, analytical and attentive to detail.
Basic technical skills with the ability/willingness to learn different aspects of risk management.
Excellent English and Arabic language skills (Verbal and Written)
Basic knowledge of Enterprise Risk Management( (ERM) concepts and insurance industry risk management requirements.
Basic knowledge of financial analysis
Basic understanding of all AXA Egypt’s products and policy conditions
Basic knowledge of MS Office (especially Excel)
Knowledge of Access, VBA, SAS and R is a plus
Basic Awareness of emerging risks arising out of business practices or from the country
Basic judgment on regulatory changes that has any direct impact on the company's risk management initiatives
Basic understanding of Life and P&C actuarial concepts, analysis and modeling
Basic knowledge of risk assessment and quantification methodologies followed to manage enterprise risks
To Apply: https://www.linkedin.com/jobs/view/3942447338
