Europe Hail Modelling - (F/H) - Internship
The AXA Group
The AXA Group, a worldwide leader in Financial Protection, supports and advises its customers, individuals and businesses at every stage of their lives by meeting their needs for products and insurance, pension, savings and wealth transmission.
The headquarters of 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 peculiarity of the seat lies particularly in the presence of a strong international culture (37 nationalities).
Aware of the challenges, AXA is a responsible and innovative Group that is constantly redefining standards to better serve its customers and employees.
The internship will be based at the AXA Group Risk Management (GRM) department.
AXA GRM brings together multidisciplinary high-level teams composed of actuaries, engineers, PhDs and financial analysts, based in Paris (65 people), Zurich (15 people) and Madrid (20 people).
The Natural Hazards Team of AXA GRM is looking for an intern for 6 months. The intern will join a dynamic 12-members team dedicated to the modeling and monitoring of the CAT risks borne by the company.
Role and Responsibilities :
Usually occurring in summer, hail is a phenomenon linked to thunderstorms and has a major impact on European entities of the Group. The objective of the internship is twofold:
Better understand this phenomenon and investigate weather conditions that are prone to the development of hailstorms – severe thunderstorms.
develop a model able to take into account the vulnerability of a portfolio to derive a loss for the European portfolios of AXA.
Review the literature on the subject and get familiar with the data that will be used for the project
Analyze historical hail events and the surrounding weather conditions
Define and implement a methodology that generates stochastic hail events
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).