Job Description

Flexible Work Eligible: None
DISCOVER your opportunity

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 opportunity




What will your essential responsibilities include?


Preparation for quarterly and yearly regulatory reporting for UK Legal entity.

•

Responsible for supporting statutory audit requirements and related queries.
•

Preparation of Source system to GL and technical balance sheet reconciliations such as Receivable/Payable, Losses, Unearned premium, and Deferred acquisition cost.
•

Compile data and perform financial analysis to ensure data completeness and accuracy in P&L and Balance Sheet between underwriting and financial accounting system.
•

Booking of manual adjustment to correct ceding percentage changes, Ceded Re treaty accrual postings on a quarterly basis in General Ledger.
•
• Collaboration within/outside the team (including the BU Controllers/Business Partners) for the timely cleanup of the open reconciling items.
• Oversee expense management and good oversight of accrual, prepayment, recharge, and intercompany balances.
• Assist the Controllership team with quarter-end close activities, manage and work on ad-hoc requests Prepare other regulatory and ad-hoc reports and disclosures for management as identified.


You will report to the Senior Manager.

SHARE your talent SHARE your talent



We're looking for someone who has these abilities and skills:


Required Skills and Abilities:


• CA/CPA with relevant years of experience.
• Experience in Financial Reporting is required.
• Effective accounting knowledge.
• Knowledge of IFRS/USGAAP is required.
• Insurance/reinsurance experience in Lloyd's reporting is preferable.
• Knowledge of PeopleSoft or similar large general ledger systems.
• Good MS Excel and Access skills.


Desired Skills and Abilities:



• Good verbal and written communication skills.


• Very good analytical skills and attention to detail.


• Proactive, with the ability to work under limited supervision.


• Good interpersonal skills and willingness to work within a team.


• Willing to work flexible hours as necessary.


FIND your future



AXA 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't 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 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 at axaxl.com


Inclusion & Diversity



AXA 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's 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 reach their highest potential. •It's about helping one another -- and our business -- 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 axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.


Sustainability



At 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 "Roots of resilience", 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 - are essential to our future. We're committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - 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're 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's "Hearts in Action" programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving.


For more information, please see axaxl.com/sustainability.




AXA XL is an Equal Opportunity Employer.
Location : IN-HR-Silokhera Gurgaon

Work Locations : IN Gurugram 14th Floor - Block B2 Silokhera 12th, 14th & 15th (Block B3) DLF IT/ITES SEZSilokhera Silokhera Gurgaon 122001
Job Field : Finance
Schedule : Full-time
Job Type : Standard