Manager, Financial Reporting & Accounting

The reinsurance Finance function in India primarily supports the quarterly closing and reporting process of the Reinsurance Business. There are different sub-processes performed by the Reinsurance Financial Reporting team in India which include but are not limited to the quarter-end Close Process, Reporting Process, Reconciliation Process, Business Analysis Process, etc. This position will be supporting the Statutory Reporting activities for XL Reinsurance America business.

DISCOVER your opportunity

What will your essential responsibilities include?

• Responsible for Reinsurance Financial Reporting activities which will include Statutory Reporting activities for the Reinsurance business.
• Responsible for the preparation of various reconciliations which include GAAP vs IFRS17 and IFRS 17 vs. IFRS17 Local STAT Adj.
• Responsible for the in-depth analysis of OPEX based on Legal Entity on a quarterly basis.
• Preparation of STAT IS and BS commentary on a quarterly basis.
• Support the management team on a regular basis for any ad-hoc request.
• Preparation of Schedule T, Schedule P and Schedule F (including CDCA) on a quarterly and annual basis.
• Preparation and posting of various GAAP to Stat Adjustments journals.
• Detailed analysis of numbers, analyzing trends and reporting the same to management.
• Maintain effective communication with onshore (both written and verbal) and manage expectations.
• Develops and maintains process documentation.

You will report to the Senior Manager, Reinsurance Financial Reporting.

SHARE your talent

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

Required Skills and Abilities:

• Statutory Reporting or Regulatory Reporting skills: CA with relevant years of experience in Statutory Reporting or Regulatory Reporting for NAIC.
• Excellent Accounting knowledge.
• Good Analytical and reconciliation skills.
• Good exposure to working on Excel and Presentations. Knowledge of VBA is an added advantage.
• Communication skills: effective communication and interpersonal skills.

Desired Skills and Abilities:

• MS Office skills: Should have excellent MS Excel skills.
• Able to work and communicate effectively as part of a cross-geographic and cross-cultural team.
• Good team player and ability to work resiliently.
• Excellent customer-focus and results-oriented.
• Innovative and process improvement mindset

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 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 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.