GIE AXA - Generic template

Location 75-PARIS, France
Experience level Experienced Hire
Job details sector Risk Management
Apply before Date not available
Primary purpose of this position:
Members of the Group Operational Risk Management (4 to 5 people) main duties are: 
  • Animate and coordinate operational risk network, ensure harmonization of practices and implementation of Group guidelines, promote best practices exchange.
  • Ensure the qualitative and quantitative assessment of the major operational risk amongst the AXA entities and compute the Group Operational risk STEC quantification
  • Optimize the capital charge within the AXA Group and monitor the implementation of actions plans against the main operational risks.
  • Ensure and promote the operational risk losses and incident data collection

In this context, the objectives of the Group Operational Risk Managers are the following:


Principles and methodologies:

  • Define and spread the Group’s quantitative and qualitative principles and requirements.
  • Support and challenge the operational risk scenarios identified and assessed by the AXA Entities on both quantitative and qualitative aspects.
  • Ensure follow-up and effectiveness of the Group losses and incidents database.
  • Challenge, share and follow-up the action plans on major risks.


  • Ensure entities are in line with internal operational risk modelling approach and contribute to the related justification vis à vis regulators

Capital Charge validation/Production:

  • Participate to annual production of the Group Operational risk capital charge
  • Apply validation policy requirements at Group level and ensure entities are in line with local requirements.
  • Participate to the evolution and maintenance of Group operational risks software.
  • Prepare reports on the Group entities’ operational risk profile to the Group Executive Management, the regulator and rating agencies.

Local Coordination :

  • Be a privileged contact point with the Regional Operational Risks Managers (from 7 to 10 countries/areas).
  • Define methodological principles with regards to identification, measurement and reduction of operational risk
  • Ensure the roll out of these methodologies within the Operational risk community
  • Monitor the losses and incidents’ data collection.
  • Follow-up on action plans.
  • Ensure that local specificities are well reflected in the local operational risk profile.
  • Ensure consistency of local practices with Group requirements.

Technical and professional skills (technical expertise)
  • Experience in control function (audit, operational risk…) in insurance or financial environment.
  • Knowledge of internal and external requirements (regulators, rating agencies) with regards to the risk management and assessment within the frame of Solvency II.
  • General knowledge of insurance industry.
  • Actuarial Background

Relational skills

  • Ability to manage local and international correspondent’s network with enthusiasm and commitment.
  • Strong communications skills to liaise with a wide range of correspondents at various level of management.
  • Rigor and reliability especially in the production and validation of Group Operational risk capital charge.
  • Ability to produce synthetic reporting to Executive Management.
  • Fluent in English.


5 years ideally in risk management in insurance or bank industry

Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life? Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things.

In a fast-evolving world and with a presence in 64 countries, our 165,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 107 million customers.


The headquarters of the AXA Group, based in Paris 8th, brings together the Group's corporate activities. It coordinates the various entities with the Group's strategy, and is responsible for managing international projects. The headquarters has approximately 800 employees and is distinguished by its strong international culture (39 nationalities).

We provide you regular career opportunities in international teams. If you want to join us, don’t hesitate to apply !


Information provided by applicants will be processed in strict confidentiality and may be used exclusively for recruitment processes.