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 every quarter. 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 US State regulators including Yellow Books. This requires an in-depth understanding of US Statutory reporting requirements and the application of the same into the reports/schedules prepared for US State Regulators.

DISCOVER your opportunity
What 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.

\xc2\xb7 Ability to analyze impact of Currency translation and Revaluation,

\xc2\xb7 Preparing current IFRS and STAT financials and doing detailed variance commentary YoY.

\xc2\xb7 Good understanding of Insurance technical reserves and other Insurance industry-related terminologies.

You will report to (Senior Manager - Finance).

Qualifications

SHARE your talent
We\xe2\x80\x99re looking for someone who has these abilities and skills:

Required Skills and Abilities:

\xc2\xb7 CA with relevant experience in an organization of repute.

\xc2\xb7 Expert accounting knowledge, with an excellent understanding of Financial Statements (P&L and BS)

\xc2\xb7 Robust command over MS Excel.

\xc2\xb7 Ability to work with large amounts of data

\xc2\xb7 Robust analytical skills and the ability to work self-directly and bring tasks to closure.

Desired Skills and Abilities:

\xc2\xb7 Robbust Insurance accounting knowledge preferred. Go to the city below.

\xc2\xb7 Able to work extended hours during critical times.

\xc2\xb7 Good spoken & written Communication & interpersonal skills.

\xc2\xb7 Capable of working under smart working conditions, managing working from home & and office simultaneously.

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\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 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\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.

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 \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