Risk Management Analyst

• Support in building and promoting a Risk Culture in AXA Egypt.
• Perform/Check data quality checks on data used in different processes.
• Document, review and regularly update risk management procedures and company policies.
• Contribute heavily in the preparation of structured risk management update reports to the ExCom/ARCC/Audit Committee.
• Contribute heavily to the implementation of the Maturity Models.
• Produce/check a risk management opinion on large accounts, partnerships, bancassurance deals and annual strategic plans.
• Participate heavily 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 heavily to the review of reinsurance programs to confirm retention and cover appropriateness through stress tests.
• Contribute heavily to the process of measuring accumulation of exposure and monitoring it on a regular basis.
• Review and challenge profitability reports and key metrics of the in force business.
• Develop second opinion on Asset Liability Management (ALM), Strategic Asset Allocation (SAA) and Investment Approval Process (IAP) studies.
• Review the capital allocation and solvency requirements in line with AXA Group and local requirements through stress tests.
• 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 heavily the regular reporting of Loss Data Collection (LDC)
• Work on 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.
• Coordinate with the communication department on management of reputation risk.
• Conduct/check 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.

• Bachelor Degree in Mathematics, Statistics, Actuarial Science (preferable) or Engineering.
• 3-6 years in Risk Management, Actuarial or another technical functions in an insurance, reinsurance or consulting company
• 3-5 Actuarial exam passes
• Highly numerate, analytical and attentive to detail.
• Intermediate technical skills with the ability/willingness to learn different aspects of risk management.
• Excellent English and Arabic language skills (Verbal and Written)
• Intermediate knowledge of Enterprise Risk Management( (ERM) concepts and insurance industry risk management requirements.
• Basic knowledge of insurance industry dynamics and operational intricacies.
• Basic knowledge of Egypt risk management regulations.
• Basic understanding of the current and developing regulatory capital framework (e.g. Solvency II)
• Intermediate knowledge of financial analysis
• Intermediate understanding of all AXA Egypt’s products and policy conditions
• Basic knowledge of systems and business operations.
• Intermediate knowledge of MS Office (especially Excel)
• Knowledge of Access, VBA, SAS and R is a plus
• Intermediate Awareness of emerging risks arising out of business practices or from the country
• Intermediate judgment on regulatory changes that has any direct impact on the company's risk management initiatives
• Intermediate understanding of Life and P&C actuarial concepts, analysis and modeling
• Intermediate knowledge of risk assessment and quantification methodologies followed to manage enterprise risks

Soft Skills :

• Customer focus.
• Team work with proactive attitude
• Strong Communication & Professionalism (Verbal and Written)
• Solution oriented and self-organized
• Highly motivated and able to work on various projects, in a highly demanding environment with various stakeholders
• Basic ability to challenge various teams and express valid arguments to support findings, opinions and recommendations
• High agility to learn quickly, become productive in new environment and capitalize on past experiences
• Ownership of assigned work and  high level of commitment
• Time management skills
• Relationship management skills to deal with the different stakeholders locally and across the Group.