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.
DISCOVERyour opportunity
What will your essential responsibilities include?
·Book accounting entries for Premium Tax, Guarantee Fund, IFRS to STAT difference etc.
·Work on any data request from internal management/ external agencies/ auditors.
·Preparing STATE Pages and Schedule T and doing detailed analytics on the same.
·Providing data support/ input templates for quarterly and annual statutory financial Statements (Yellow Book) as per US SAP (Statutory Accounting Principles).
·Work on various ancillary filings for the yellow book like NY Supplemental, Treasury Schedule F, State-specific Schedule P, etc.
·Highly focused on automation/ simplification of the templates/ data requirement wherever possible.
·Detailed analysis of reserve data and all technical accounts.
·Participate in projects as required to ensure that financial data are handled in full accordance with statutory requirements.
You will report to the Senior Manager- Finance.
SHARE your talent
We’re looking for someone who has these abilities and skills:Required Skills and Abilities:
·CA with relevant years of experience in an organization of repute.
·Expert Accounting knowledge, with an excellent understanding of Financial Statements (P&L and BS).
·Effective command over Excel.
·Ability to work with large amounts of data.
Desired Skills and Abilities:
·Effective analytical skills and the ability to work resiliently and bring tasks to closure.
·Basic Insurance accounting knowledge preferred.
·Able to work extended hours during critical times
·Good spoken & written Communication & interpersonal skills.
·Willing to travel to US/ Bermuda for training, if required.
FIND your future
AXA XL, the P&C and speciality 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 specialty.
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 can reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.
Let our experts design a Professional CV for you.