Stage - Ingénieur Hydraulique - (F/H) - Janvier 2022

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Job description

Référence de l'offre

21000AZU

Type de contrat

Stage

Niveau d'expérience

Etudiants

Société du groupeGIE AXA
Famille métierFinance et stratégie
Localisation

PUTEAUX, Hauts-de-Seine
Votre rôle et vos missions

The AXA Group, world leader in Financial Protection, supports and advises its individual and corporate customers at every life stage, providing them with the products and services that meet their insurance, personal protection, savings and wealth management needs.

Our areas of expertise are reflected in a range of products and services adapted to the needs of each client in three major business lines: property-casualty insurance, life & savings, and asset management.
In 2021, present in 54 countries, the 153,000 employees and distributors of AXA were committed to serving 105 million clients.

AXA Corporate Center's main missions are to:

Steer the entities in order to ensure the coherence of the strategies, the consistency of the commercial approaches as well as the optimization of the risks and results.
Defining and coordinating Group policies, different transversal projects and standards, identifying and sharing best practices.
Supporting the entities in order to help them to grow, to develop their offer, their management and steering standards as well as their risk management.

The head office of AXA Group (GIE AXA), based in La Défense, gathers the Group's corporate activities. It coordinates the various entities according to the Group's strategy and is responsible for managing international projects. The headquarters is composed with over 1000 employees and is distinguished by its strong international culture (45 nationalities).

Context:

AXA Group Risk Management Property & Casualty (GRM P&C) deals with the most sophisticated P&C technical and actuarial challenges of a leading international insurance company, among which the management of natural catastrophe risks (CAT). Natural variability of climate and seismic activity have demonstrated their devastating potential, climate change bringing additional uncertainty for the future. AXA's rapid expansion over the last years notably with the acquisition of XL Catlin - both in terms of geographical footprint and P&C insurance offer - widely exposes AXA to natural perils, being in charge of the financial protection of its clients. In this context, AXA must maintain state-of-the-art CAT risk management techniques through permanent innovations.

AXA GRM brings together high level and multidisciplinary staff with engineers, PhDs, actuaries, data scientists and financials split between Paris, Hong Kong, Zürich and Madrid. Its main missions are focused on the following key areas:

Analyse, model and aggregate the Group's risks (economic capital);
Define and implement the process enabling to secure the undertaken risks (risk appetite, assets accumulation, longevity, natural catastrophe...);
Optimize the Group protections (reinsurance, securitization, hedging, etc.) to meet the desired strategy.

Team presentation:

Position belongs to the GRM P&C CAT & Reinsurance Risk department (19 FTEs) which is organized in four excellence centers (CAT Data & Analytics, R&D Modeling, Accumulation Management and Reinsurance), the Hydraulics engineer intern will work closely with the CAT Data & Analytics and the R&D Modeling teams

Because of its worldwide exposure, the CAT Data & Analytics team is developing the Live Cat project, which automatically quantifies the impact of a recent disaster on AXA's exposure. The Live Cat takes into account a wide catalog of natural disasters around the world (earthquake, windstorm, hurricane, typhon, flood). The Live Cat process consists of six steps:

Event alert generation;
Determination of the spatial footprint of the event;
Intersection with AXA's exposure;
Vulnerability module to estimate gross losses;
Financial module to estimate AXA's global loss amount;
Reporting.

The intern will work more specifically on the generation of a footprint and the determination of return periods.

Primary missions for this position:

We are recruiting a Hydraulics intern with a scientific background in Hydraulics to join us in our developments of the scientific understanding of those risks and its operational valuation across AXA entities.
He/she will work on the European flood of July 2021, named Bernd.

Part 1. Description of the event

Identification of the flooded areas.
Establishment of a database composed of local observation (rain gauge, hydrometric station, etc.) and model output (ERA5 spatialized data).

Part 2. Reconstruction of the flood footprint

Modeling the streamflow with the hydrological model GR4J (Perrin et al., 2003).
Recovery/construction of rating curves.
Modeling the footprint with one or several hydraulic model.
Estimate entity and market insured losses from the footprint with the internal model NOTUS.

Part 3. Associate return periods to a flood event.

Identify the different return periods associated with the event (return period on precipitation, streamflow, insured losses, etc.).
Application and comparison of frequency analysis methods.
Comparison with the return periods from external sources.

At the end of the internship is expected:

An internship report;
An oral presentation of the results;
Data and codes enabling the reproducibility of results.
Votre profil

Education/Qualifications:

Engineering or master's degree in hydraulic and hydrology.

Technical & Professional Skills:

Knowledge in meteorology, hydrological and hydraulics.
Strong programming skills (matlab and R).
Analytical skills.
Experience with GIS.
MS Office (Word, Excel).

Soft Skills & Competencies:

Good oral and written communication (French and English).
Curiosity.
Organized and rigorous.
Autonomy and Team spirit.

You wish to give a new orientation to your career within an international & dynamic Group, join us. Please apply online.

Votre environnement de travail

Aimeriez-vous vous lever chaque jour motivé(e) par une mission inspirante et travailler en équipe pour permettre de protéger les personnes et leurs proches?

Chez AXA nous avons l'ambition de mener la transformation de notre métier. Nous cherchons des personnes talentueuses ayant une expérience diversifiée, qui pensent différemment, et qui veulent faire partie de cette transformation passionnante en challengeant le statu quo et faire d'AXA - marque globale leader et une des sociétés les plus innovantes dans notre secteur - une entreprise encore plus performante et responsable.

Dans un monde en perpétuelle évolution et avec une présence dans 64 pays, nos salariés et distributeurs privilégiés anticipent le changement pour offrir des services et solutions adaptés aux besoins actuels et futurs de nos 107 millions de clients.

Le siège du Groupe AXA, basé à Paris 8ème, regroupe les activités Corporate du Groupe. Il coordonne avec les différentes entités la stratégie du Groupe, et assure le pilotage des projets internationaux. La particularité du siège réside notamment en la présence d'une forte culture internationale (39 nationalités).

Pourquoi nous rejoindre ?

Nous vous offrons de nombreuses perspectives de carrière dans un environnement international. N'hésitez pas à postuler si vous êtes intéressés !

Les informations fournies par les candidat(e)s seront traitées de manière strictement confidentielle et utilisées uniquement à des fins de recrutement.