Steven Murdoch
About Steven Murdoch
Steven Murdoch is a Risk Manager at AXIS Capital, where he has worked since 2016. He has extensive experience in risk management, having previously held positions at SOCA, Tokio Marine HCC, Thales, and Odeon & UCI Cinemas.
Work at AXIS Capital
Steven Murdoch has served as a Risk Manager at AXIS Capital since 2016. In this role, he is responsible for the development and annual review of internal model policies, which encompass validation, scope, use, change, and governance. He conducts qualitative stress and reverse stress tests as part of the parameterisation and validation of the Internal Capital Model. Additionally, he plays a key role in responding to Lloyd's requests regarding new areas of risk, ensuring that the business is represented in internal Group discussions on Emerging Risk. His position involves liaising with relevant stakeholders to prepare interim ORSA reports as part of business planning.
Previous Experience in Risk Management
Before joining AXIS Capital, Steven Murdoch worked as a Risk Analyst at Tokio Marine HCC from 2014 to 2016. He also held the position of Risk Management Advisor at SOCA for a brief period in 2008. Prior to these roles, he served as an Insurance and Risk Management Advisor at Thales from 2009 to 2014. His diverse experience in risk management has contributed to his expertise in the field.
Educational Background
Steven Murdoch has a solid educational foundation in risk management and business. He studied at Glasgow Caledonian University, where he earned a BA Honours in Risk Management from 2006 to 2009. He also attended The Chartered Insurance Institute (CII) from 2010 to 2012, achieving a Diploma in Insurance. Earlier, he studied at James Watt College, where he completed a Higher National Diploma (HND) in Business Management from 2004 to 2006 and a National Certificate (NC) in Accounting and Business Management from 2003 to 2004.
Leadership Experience
Prior to his career in risk management, Steven Murdoch worked at Odeon & UCI Cinemas as a Team Leader from 2003 to 2009. This role provided him with valuable leadership experience, which has been beneficial in his subsequent positions in risk management. His ability to lead teams and manage operations has contributed to his effectiveness in his current role.
Cyber Risk Framework Development
At AXIS Capital, Steven Murdoch developed a comprehensive Cyber risk framework for the syndicate. This framework focuses on setting and monitoring risk appetite and tolerances, demonstrating his proactive approach to managing emerging risks in the industry.