Benedikt Schmid

Reinsurance Chief Information Officer @ Axis Capital

About Benedikt Schmid

Benedikt Schmid serves as the Reinsurance Chief Information Officer at Axis Capital, overseeing IT services for approximately 250 users across global locations. He has an extensive background in business administration and management, with previous roles in various companies including Swiss Re and Arthur Andersen.

Current Role at Axis Capital

Benedikt Schmid serves as the Reinsurance Chief Information Officer at Axis Capital, a position he has held since 2015. In this role, he oversees IT services for a user base of approximately 250 individuals across major global locations, including Bermuda, London, New York, Singapore, and Zurich. He leads the execution of IT strategy for a business valued at over $3 billion, managing a portfolio of 25 applications that support the entire value chain of AXIS Re, including underwriting, technical accounting, claims, finance, actuarial modeling, and reserving.

Previous Experience at Axis Capital

Before becoming the Reinsurance Chief Information Officer, Benedikt Schmid held multiple roles at Axis Capital. He worked as the Head of Reinsurance Platform Management Group from 2013 to 2015 and served as the Reinsurance Program Manager from 2006 to 2013. His tenure at Axis Capital spans a total of seven years in the Reinsurance Program Manager role and two years in the Platform Management Group, both based in Pembroke, Massachusetts.

Educational Background

Benedikt Schmid has a comprehensive educational background in business administration and management. He earned a Master of Business Administration from La Salle University - School of Business Administration, studying from 2008 to 2010. Prior to that, he studied Business Administration at the University of Zurich from 1992 to 1997. His foundational education includes studying Mathematics at Kantonsschule Zug from 1984 to 1992.

Career History Prior to Axis Capital

Before joining Axis Capital, Benedikt Schmid gained valuable experience in the consulting and insurance sectors. He worked as a Consultant at Arthur Andersen Business Consulting in Finland from 1997 to 1998. Following that, he served as a Senior Application Engineer at Swiss Re from 1999 to 2006 in Zurich, Switzerland. His roles in these organizations contributed to his expertise in IT and application management within the reinsurance industry.

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