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.
