Job Description

The external reporting finance team is involved in producing financial statements based on statutory rules and local GAAP/IFRS requirements on a quarterly basis. The team also prepares various reports and forms as prescribed by insurance regulatory authorities of countries where AXA XL writes its insurance business on a quarterly and annual basis. The team produces reports for the regulator to demonstrate sufficient solvency and liquidity levels as prescribed. Additionally, the team prepares various corporate close calendar reports, performs data clean-ups, and prepares reconciliations to support stakeholders and auditors.

Essential Responsibilities:

- Book accounting entries for Premium Tax, Guarantee Fund, IFRS to STAT difference, etc.

- Handle data requests from internal management, external agencies, and auditors.

- Prepare STATE Pages and Schedule T, including detailed analytics.

- Provide data support/input templates for quarterly and annual statutory financial statements (Yellow Book) as per US SAP (Statutory Accounting Principles).

- Work on various ancillary filings for the Yellow Book, such as NY Supplemental, Treasury Schedule F, and state-specific Schedule P.

- Focus on automation and simplification of templates/data requirements wherever possible.

- Conduct detailed analysis of reserve data and all technical accounts.

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

Required Skills and Abilities:

- CA with relevant years of experience in a reputed organization.

- Expert accounting knowledge with an excellent understanding of financial statements (P&L and BS).

- Effective command over Excel.

- Ability to work with large amounts of data.

Desired Skills and Abilities:

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

- Basic insurance accounting knowledge preferred.

- Ability to work extended hours during critical times.

- Good spoken and written communication and interpersonal skills.

- Willingness to travel to the US/Bermuda for training, if required.

About AXA XL:

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals, and inspirational individuals, we don't just provide re/insurance; we reinvent it. By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, we 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 considers applicants regardless of gender, sexual orientation, age, ethnicity, marital status, religion, disability, or any other protected characteristic. We understand that an inclusive culture and a diverse workforce enable business growth and are critical to our success. Our strategic commitment is to attract, develop, advance, and retain the most diverse workforce possible while creating an inclusive culture where everyone can bring their full selves to work and 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 axaxl.com/about-us/inclusion-and-diversity.

Sustainability:

Sustainability is integral to our business strategy. AXA XL protects what matters most for our clients and communities. Our 2023-26 Sustainability strategy, "Roots of Resilience," focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:

- **Valuing Nature**: Committed to protecting and restoring nature by increasing biodiversity awareness and inspiring clients and colleagues.

- **Addressing Climate Change**: Developing net zero strategies, insurance products and services, and advancing thought leadership and investment in societal-led solutions.

- **Integrating ESG**: Incorporating ESG considerations into internal processes and practices builds resilience from the roots of our business.

**AXA Hearts in Action**: Volunteering and charitable giving programs to support causes that matter most to colleagues, including a Matching Gifts program, Volunteering Leave, and an annual volunteering day, the Global Day of Giving.

For more information, please see axaxl.com/sustainability.