Job Description:
Energy Transition Risk Consultant
Madrid, Spain
At AXA XL we offer more than 30 lines of business across Property, Casualty and Specialty risk, insuring companies with most complex risks across different territories. As we look to the future, our desire is to continue growing to ensure we are meeting the needs of all our clients, of all business types and size.
The Energy Transition Risk Consultant’s key mission is to execute the risk consulting strategy for energy transition, aiming at optimizing:
-
Value added support to the risk carrier (risk knowledge, risk selection, loss reduction) for the profitability of insured business
-
Risk consulting services to client as part of the payer to partner strategy (risk consulting value proposition & offers, development of a stream of earnings from risk consulting services to clients)
With investment from AXA Group, this exciting growth plan means that we have an opportunity for an experienced Risk Engineer to join us and work closely with the Risk Consulting Energy Transition Leader and the Global Head of Energy Transition to delivery AXA XL’s global Energy strategy. This strategy will ensure that AXA XL is positioned to offer clients and brokers product and services across key elements of the energy unit, including renewables, new technologies and processes associated with carbon offsetting and global emissions reduction.
AXA XL’s culture of profitable growth is at the core of our underwriting ethos, and the primary driver of both strategic and day-to-day decisions. As an extensive global business, we take pride in teamwork, underwriting excellence, discipline, and the implementation of consistent underwriting and risk consulting standards and practices. We aim to consistently outperform the competition and attract the best talent by being the employer of choice in the markets we operate in.
As an Energy Transition Risk Consultant, you will embody these values and be responsible for the delivery of outstanding risk consulting services to underwriters and clients. This role is considered both a technical and market/customer-facing position supporting the Global Energy Leader to build a solid market and client profile.
What you’ll be DOING
What will your essential responsibilities include?
-
Your key mission is to advise Underwriters on industry specific risks for energy transition technologies.
-
Besides Energy Transition you will also interact with the energy and construction engineering teams supporting the broad energy portfolio of AXAXL
-
You will meet with underwriters, brokers and clients of the Energy Industry to discuss specific risk consulting solutions helping clients to improve their risks while working towards a reduction of their carbon emissions.
-
You may be required to visit client sites to evaluate location and industry specific risks and report your findings in a structured way back to underwriting and the client.
- You will be working very closely with AXA XL’s Energy Engineers and Underwriters across the globe, providing them with insights into industry trends, emerging issues and technical information pertinent to transitioning to a decarbonized economy.
-
You will help the underwriting team to enhance their risk knowledge, select profitable clients and reduce losses.
-
You will be working in compliance with our technical rules and guidelines.
-
You will be sharing your knowledge and expertise with colleagues who are interested in learning about energy transition.
-
You will be working with our local claims team helping them to better understand the losses we pay. Your in-depth industry knowledge is key for this support.
You will be reporting to the Risk Consulting Energy Transition leader with a dotted line to the Risk Consulting Manager Spain.
What you will BRING
We’re looking for someone who has these abilities and skills:
-
You have a degree in an engineering field such as industrial engineering, mechanical engineering or chemical engineering.
- You have worked in the Energy Industry or have worked in a similar risk consulting position for an insurer.
- You have experience in renewable technologies such as wind, solar and BESS.
-
Other relevant experience in thermal power generation or oil & gas is also useful but not essential.
- You are interested in the energy transition and learning about new and emerging technologies
-
You are used to working autonomously, you are curious and a highly motivated self-starter, you have good relationship skills and are a great team player.
-
You are available for travels when required
- You are fluent in English and Spanish - other languages are a plus.
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.
