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
.Book accounting entries for Premium Tax, Guarantee Fund, IFRS to STAT difference, etc.
.Work on any data request from internal management/ external agencies/ auditors.
.Preparing STATE Pages and Schedule T and doing detailed analytics on the same.
.Providing 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 like NY Supplemental, Treasury Schedule F, State-specific Schedule P, etc.
.Highly focused on automation/ simplification of the templates/ data requirement wherever possible.
.Detailed analysis of reserve data and all technical accounts.
.Participate in projects as required to ensure that financial data are handled in full accordance with statutory requirements.
.Ability to analyze impact of Currency translation and Revaluation,
.Preparing current IFRS and STAT financials and doing detailed variance commentary YoY.
.Good understanding of Insurance technical reserves and other Insurance industry-related terminologies.
You will report to (Senior Manager - Finance).
SHARE your talent
We're looking for someone who has these abilities and skills:
Required Skills and Abilities:
.CA with relevant 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
.Robust analytical skills and the ability to work self-directly and bring tasks to closure.
Desired Skills and Abilities:
.Robust Insurance accounting knowledge preferred. Go to the city below.
.Able to work extended hours during critical times.
.Good spoken & written Communication & interpersonal skills.
.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'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
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.
Learn more at . AXA XL is an Equal Opportunity Employer.
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.
For more information, please see axaxl.com/sustainability.
Axa S.A. is a French multinational insurance company. The head office is in the 8th arrondissement of Paris, France. It also provides investment management and other financial services