Management Trainee, Financial Reporting & Accounting

Year    Gurgaon, Haryana, India

Job Description


The external reporting finance team is involved in producing the financial statements based on the statutory rules and as per the local GAAP/ IFRS requirements on a quarterly basis. The team is also involved in the preparation of the various reports and forms as prescribed by the Insurance regulatory authorities of various countries where AXA XL writes its insurance business on a quarterly and annual basis. The team produces various reports for the regulator to show we maintain a sufficient level of solvency and liquidity as prescribed by the regulator. The team prepares various reports as prescribed by the corporate close calendar. The team performs data clean-ups and prepares various source systems & other reconciliations to support various stakeholders and auditors.DISCOVER your opportunityWhat will your essential responsibilities include?\xc2\xb7 Book accounting entries for Premium Tax, Guarantee Fund, IFRS to STAT difference etc.\xc2\xb7 Work on any data request from internal management/ external agencies/ auditors.\xc2\xb7 Preparing STATE Pages and Schedule T and doing detailed analytics on the same.\xc2\xb7 Providing data support/ input templates for quarterly and annual statutory financial Statements (Yellow Book) as per US SAP (Statutory Accounting Principles).\xc2\xb7 Work on various ancillary filings for the Yellow book like NY Supplemental, Treasury Schedule F, State-specific Schedule P, etc.\xc2\xb7 Highly focused on automation/ simplification of the templates/ data requirement wherever possible.\xc2\xb7 Detailed analysis of reserve data and all technical accounts.\xc2\xb7 Participate in projects as required to ensure that financial data are handled in full accordance with statutory requirements.You will report to the Manager of finance.QualificationsSHARE your talentWe\xe2\x80\x99re looking for someone who has these abilities and skills:Required Skills and Abilities:\xc2\xb7 CA inter with relevant years of experience or CA with relevant years of experience in an organization of repute.\xc2\xb7 Good accounting knowledge, with an excellent understanding of Financial Statements (P&L and BS).\xc2\xb7 Effective command over Excel.\xc2\xb7 Ability to work with large amounts of data.\xc2\xb7 Effective analytical skills and the ability to work resiliently and bring tasks to closure.Desired Skills and Abilities:\xc2\xb7 Basic Insurance accounting knowledge preferred.\xc2\xb7 Able to work extended hours during critical times.\xc2\xb7 Good spoken & written Communication & interpersonal skills.\xc2\xb7 Willing to travel to US/ Bermuda for training, if required.FIND your futureAXA 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\xe2\x80\x99t 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 \xe2\x88\x92 property, casualty, professional, financial lines and speciality.With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.Learn more atInclusion & DiversityAXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That\xe2\x80\x99s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It\xe2\x80\x99s about helping one another \xe2\x80\x94 and our business \xe2\x80\x94 to move forward and succeed.

  • Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe
  • Robust support for Flexible Working Arrangements
  • Enhanced family-friendly leave benefits
  • Named to the Diversity Best Practices Index
  • Signatory to the UK Women in Finance Charter
Learn more at . AXA XL is an Equal Opportunity Employer.SustainabilityAt AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called \xe2\x80\x9cRoots of resilience\xe2\x80\x9d, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.Our Pillars:
  • Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society \xe2\x80\x93 are essential to our future. We\xe2\x80\x99re committed to protecting and restoring nature \xe2\x80\x93 from mangrove forests to the bees in our backyard \xe2\x80\x93 by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
  • Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We\'re building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
  • Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We\xe2\x80\x99re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
  • AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL\xe2\x80\x99s \xe2\x80\x9cHearts in Action\xe2\x80\x9d programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day \xe2\x80\x93 the Global Day of Giving.
For more information, please see axaxl.com/sustainability

AXA XL

Beware of fraud agents! do not pay money to get a job

MNCJobsIndia.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Related Jobs

Job Detail

  • Job Id
    JD3458147
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Gurgaon, Haryana, India
  • Education
    Not mentioned
  • Experience
    Year