Risk Manager
Risk Manager
Amsterdam, Netherlands
Effective risk management involves a holistic view of various types of risks (e.g. insurance risk, operational risk, financial risk, etc.) and their interactions with each other. Enterprise Risk Management (ERM) enables informed strategic thinking, better decision making, and enhances the ability of the business to respond quickly in a dynamic and challenging environment.
You will be working in the Risk function, based in the Amsterdam office with a proportion of remote working possible, and be involved in a range of Risk activities for the XLICSE Benelux and Nordics branches, as the main focus, and for the wider risk function of XLICSE. The key role of the Risk Manager is the identification, management and monitoring of operational risks in the XLICSE Benelux and Nordics branches
You will report to the Deputy CRO XLICSE with a second reporting line to the local branch country manager.
What you’ll be doing
What will your essential responsibilities include?
- Working effectively with the XLICSE Benelux and Nordics branches in the identification, management and monitoring of operational risks. This will include coordinating the submission of operational incidents, production of the annual Operational Risk Assessment, presentation at local governance forums and tracking of these risks.
- Member of the Benelux and Nordics branch Leadership team representing the risk function which includes participation in Leadership team meetings, local governance forums and attendance at Northern Europe Leadership Team seminars.
- Provide risk training as relevant at leadership team level and across the branch as required.
- Production of the quarterly Benelux and Nordics branch risk dashboards and presentation at local branch governance forums and XLICSE Audit, Risk and Compliance Committee.
- Contribute to 2nd opinion on business plan for XLICSE with identification of key local strategic risks for XLICSE Benelux and Nordics branches.
- Support roll out of policies and procedures across the branch, including enhancement of risk culture.
- Support roll out of internal control framework across the Benelux and Nordics branches, including testing as applicable for local controls.
- While based in Amsterdam, you will travel to the Nordics branch (Stockholm) on a quarterly basis.
- Working closely with the XLICSE Risk team based in Dublin in supporting XLICSE wide risk activities, e.g. project risk assessments, and collaborating with the other European Branch risk managers on emerging risks and issues.
- Collaborating with the AXA XL Centres of Excellence, as required, for example information risk management.
- Support any ad hoc regulatory request, locally or from the Central Bank of Ireland.
- Engage with internal audit, as required.
- As part of the ERM team, identify any shortfall in expected compliance with the emerging regulatory requirements and aid in developing plans to address any shortfall.
What you’ll bring
We’re looking for someone who has these abilities and skills:
Required Skills and Abilities:
- Proven experience of working in a Risk, Compliance or Internal Audit function for an insurance company is essential.
- Enterprise Risk Management Framework experience, in particular the assessment of operational risk in a similar role.
- Experience in assimilating significant amounts of information for problem solving.
- Outstanding analysis skills (both quantitative and qualitative).
- Clear communication, written and presentation, will be important for presenting results and solutions.
- Thorough data interpretation skills and attention to detail are a must to ensure producing high quality, reliable analysis.
Desired Skills and Abilities:
- You will be working in a dynamic, geographically dispersed team so you will need to be highly adaptable and comfortable both working on your own initiative and as a keen team player.
- Graduate degree and/or studying towards an insurance or Risk Management qualification (e.g. FRM, CFA).
Who we are
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.
How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Learn more at axaxl.com
What we offer
Inclusion
AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.
- Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
- Robust support for Flexible Working Arrangements
- Enhanced family-friendly leave benefits
- Named to the Diversity Best Practices Index
- Signatory to the UK Women in Finance Charter
Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.
Total Rewards
AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.
We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.
Sustainability
At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
Our Pillars:
- Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
- Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
- Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
- AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.
For more information, please see axaxl.com/sustainability.
