Assistant Manager, Financial Reporting and Accounting

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?

• Providing support in quarterly and yearly regulatory reporting for UK entities (UK GAAP/IFRS ledger-based reporting).

• Preparation of Source system (the frame) to GL reconciliation for Balance sheet accounts such as Receivable/Payable, Losses, Unearned premiums and Deferred acquisition cost.

• Perform FX analysis and Investment analysis on a quarterly basis.

• Responsible for supporting audit requirements and related queries.

• Finalizing annual financial statements including Notes to Accounts for the legal entity.

• Preparing reconciliation between HFM and EFRL.

• Highly focused on automation/ simplification of the templates/ data requirement wherever possible.

• Participate in projects as required to ensure that financial data are handled in full accordance with statutory requirements.

You will report to Manager-Finance.

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 OR MBA Finance/Postgraduate/CA Inter with relevant years of experience in a reputed organization.

• Working Accounting knowledge, with an excellent understanding of Financial Statements (P&L and BS).

• Good working knowledge command over MS Excel, and MS PowerPoint.

• Knowledge of Power BI, Power Query, VBA, Macros etc. will be an added advantage.

• Knowledge of systems like the frame, Destiny, Oracle EFR, Oracle EBS, and HFM is preferred.

Desired Skills and Abilities:

• Knowledge of IFRS/USGAAP is required.

• Effective analytical skills and the ability to work resiliently and bring tasks to closure.

• Insurance/Reinsurance knowledge preferred.

• Able to work extended hours during critical times.

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.
AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.