Senior Risk Consultant, Energy

London, England, gb

Senior Risk Consultant – Energy

London, UK

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 Risk Consultant’s key mission is to execute the risk consulting strategy for the upstream energy team, 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)


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 Risk Consultant, you will embody these values and be responsible for the delivery of outstanding risk consulting services to underwriters and clients.

DISCOVER your opportunity

What will your essential responsibilities include?

  • Your key mission is to provide Oil and Gas, drilling and exploration specific risk reviews for Underwriting through 3rd party information review, client and broker meetings as well the claims reviews.
  • Besides upstream energy, you will be part of and interact with the engineering team supporting the broad energy transition portfolio of AXAXL, including carbon capture and other new technologies
  • 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. Travel is therefore a requirement.
  • 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. For this you will be working closely with our regional and country managers.
  • You will be sharing your knowledge and expertise with colleagues who are interested in learning about oil & gas and the energy transition and collaborating with the wider energy risk engineering teams.
  • 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 UK Head of Risk Consulting.

    SHARE your talent

    We’re looking for someone who has these abilities and skills:

  • MEng in either Petroleum Engineering, Mechanical Engineering or Chemical / Process Engineering.
  • ·Have previously worked in an oil and gas exploration and production company and have significant experience in drilling, development (onshore and onshore), production operations, construction and some in offshore renewables, or have worked in an equivalent risk consulting position.

    ·Experience with projects and technologies that involve Hydrogen, Carbon Capture & Storage, geothermal energy or similar would be beneficial.

  • Interest in the energy transition and learning about new and emerging technologies.
  • ·Forward thinking, agile and with an ability to apply a problem-solving approach to risk management.

  • Comfortable working autonomously, you are curious and a highly motivated self-starter with good relationship skills and are a great team player.
  • Fluent in English - other languages are a plus.

  • FIND your future

    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.

    Inclusion & Diversity

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