AXA XL – Assistant Manager – Financial Reporting & Accounting

About the job
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 the US State regulator 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?
Book accounting entries like General admin and operating expenses, deferral/amortization of expenses, Intercompany Gross ups, etc,
Consolidated reporting of all the operating entities of AXA XL Division,
Ability to analyze the impact of Currency translation and Revaluation,
Preparing current IFRS and STAT financials and doing detailed variance commentary YoY.
Work on various applicable quarterly BMA filings like Sch IV-A/ IV-D, IV, III, etc
Basic understanding of Insurance technical reserves and other Insurance industry-related terminologies.
Work on any data request from internal management/ external agencies/ auditors.
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 with a couple of years of experience in an organization of repute.
Expert accounting knowledge, with an excellent understanding of Financial Statements (P&L and BS).
Robust command over MS Excel.
Ability to work with large amounts of data.
Desired Skills And Abilities
Robust analytical skills and the ability to work self-directly and bring tasks to closure.
Basic Insurance accounting knowledge preferred.
Able to work extended hours during critical times.
Good spoken & written Communication & interpersonal skills.
Capable of working under smart working conditions, managing to work from home & 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’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.
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.

Flexible Work Eligible

None

AXA XL is an Equal Opportunity Employer.

Location

IN-HR-Silokhera Gurgaon

Job Field

Finance

Schedule

Full-time

Job Type

Standard

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