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.

**Skills**:

- 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.

**Job Details**:

- Job Location
- Cairo, Egypt
- Job Role
- Information Technology
- Career Level
- Mid Career
- Years of Experience
- Min: 3 Max: 6