Axel Vaeth
About Axel Vaeth
Axel Vaeth is a Senior Risk Manager at ELEMENT Insurance AG in Berlin, with over 18 years of experience in the insurance sector, including significant roles in risk management and investment controlling.
Current Role at ELEMENT Insurance AG
Axel Vaeth serves as a Senior Risk Manager at ELEMENT Insurance AG, a position he has held since 2020. In this role, he is responsible for overseeing risk management strategies and ensuring compliance with regulatory requirements. His expertise contributes to the company's ability to navigate complex risk landscapes in the insurance sector. Vaeth's focus on strategic projects enhances the company's operational efficiency and risk assessment capabilities.
Previous Experience in Risk Management
Prior to his current role, Axel Vaeth worked at IDEAL Lebensversicherung a.G. for a decade, from 2010 to 2020, where he held the position of Risikomanager. His responsibilities included managing risk assessments and implementing risk mitigation strategies. Additionally, he served as Kapitalanlagencontroller at the same company from 2003 to 2016, accumulating extensive experience in investment controlling within the insurance industry.
Early Career in Banking
Axel Vaeth began his career in the banking sector, working at WGZ-Bank Westdeutsche Genossenschaft-Zentralbank as Sachbearbeiter Marktfolge-Handel from 1999 to 2001. He also completed a trainee program in investment banking at NORD/LB for five months in 2001. These roles provided him with foundational knowledge in financial markets and investment strategies.
Education and Qualifications
Axel Vaeth studied at Fachhochschule Magdeburg-Stendal, where he earned a Diplom-Betriebswirt (FH) in Finanzierung und Controlling from 1995 to 1999. He furthered his education at Universität Leipzig, obtaining an MBA in Versicherungswesen from 2005 to 2007. His academic background supports his professional expertise in risk management and investment controlling within the insurance sector.
Experience in Insurance Sector
With 18 years of experience in the insurance sector, Axel Vaeth has developed a strong foundation in risk management and investment controlling. He possesses 11 years of specialized experience in insurance risk management, including four years in a key risk management function. His extensive background positions him as a knowledgeable professional in navigating the complexities of the insurance industry.