Job Description

AXA XL Ceded Reinsurance is the centralized department for handling reinsurance requirements of the Insurance segment. The primary functions include the placement, administration, and reporting (internal and Statutory) of reinsurance. This department is on the ceded side of the insurance company. The FP&A team is responsible for providing reports to various stakeholders - the Insurance Leadership Team (for reports like Business Performance Metrics, the impact of treaty placements on Combined Ratio of Insurance Segment), Ceded Re-Placement team (for Budgeting, placement support, etc.) Finance (for accruals, bad debts provision on reinsurance recoverable, CDCA, etc.), Assisting in planning and re-forecasting exercise, providing data analytics support for treaty reinsurance purchase decision (as and when required). Financial reports to a wide range of teams - Insurance Leadership team, various teams in Finance, and Operations. It also provides reporting support to other areas within Ceded Re as and when required. Analysis of Ceded Performance against the plan, the impact of treaty placements on Combined Ratio (Insurance Segment) Exposure analysis concerning recoverable from major counterparts. Support for regulatory reporting requirements. DISCOVER your opportunity What will your essential responsibilities include Work and assist the Ceded Re FP&A Manager in preparing and providing various financial analytics and reporting with a focus on quality review, timely delivery of reports, and collaboration with other teams and onshore. Prepare quarterly reports ceded financial dashboards. (Ceded Premium, Commission, Expenses, credit, and capital exposure, etc.) Treaty Placement analysis which results in the changes expected in written & earned premiums. Exposure analysis concerning recoverable from major counterparts. Support in regulatory reporting requirements. Development and maintenance of existing Excel reports to improve existing/new reports would be one of the core responsibilities. Support in Yearly Budgeting, Ceded Margin Analysis, Plan Allocation & other exhibits. Maintaining robust communication with onshore (both written and verbal) and managing expectations. Keeping the flexibility in reports to incorporate any high-level adjustments or structural changes. Support and involve in various Ceded Re projects. Provide backup to the core FP&A team and extended reporting team, in time of need. Ad hoc reports or projects. Will support Reinsurance Segment Reporting & Analysis. Will also assist in additional work on Legal Entity Reporting. You will report to Manager - Finance, Planning, and Analysis SHARE your talent We\'re looking for someone who has these abilities and skills: Required Skills and Abilities: CA/ICWA with 2-3 years of experience post qualification or MBA Finance (Full-time) from a highly reputed university with 4-5 years of experience post qualification. Robust analytical mindset, structured work approach, and high levels of attention to detail. Outstanding IT skills (MS Excel, MS Access). Excellent analytical and troubleshooting skills and ability to analyze and manipulate huge volumes of financial and operational data. Ability to manage multiple priorities and meet tight reporting deadlines Ability to work self-directly in a fast-paced multi-cultural environment. Desired Skills and Abilities: Good communication & interpersonal skills. Demonstrate a high degree of interest in technological progress. Knowledge of HFM, Qlikview, and Anaplan will be of added advantage. Person from (Re) Insurance Industry would be preferred. FIND your future AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-d 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 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. 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. 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

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