Management Trainee, Financial Reporting & Accounting

AXA
2-4 years
2 months ago 34 Applied
Job Description

We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters.

DISCOVER your opportunity
What will your essential responsibilities include

The Finance Close team provides accounting support to various AXA XL legal entities based out of Bermuda, the UK, and the US. The key activities of the team involve analysis of the Balance Sheet and Profit and loss including ratio analysis, preparation of balance sheet reconciliations along with commentaries, booking of manual adjustments to incorporate new treaties, booking of manual adjustments to incorporate entity level changes in GL, preparation of internal ceding treaties reconciliations for US and Europe geography, booking of manual adjustments to correct ceding percentage changes, booking of post-close cash adjustment journals, etc.

.Preparation of balance sheet reconciliations such as Receivable/Payable, Losses, Unearned premium

and deferred acquisition costs.

.Balance sheet and profit and Loss analysis including Ratio analysis, Policy level analysis, Management,

data & and analysis, commentaries, etc.

.Booking of manual adjustment for Cash, UPR, allowance for doubtful debts, and Investment income.

.Booking of manual adjustment to incorporate legal entity, operating unit & and other chart field level restructuring in GL.

.Preparation of source system aging report for receivables.

.Review of receivable/payable balances for aging analysis.

.Ledger vs. actuarial data reconciliation for losses.

.Handling of ad-hoc queries related to the process regularly.

.Assist in quarterly close & and reporting process and adhere to time schedules.

.Assisting in various audits - Statutory (PWC), SOX, and Internal Audit.

You will report to the Manager.

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

Required Skills and Abilities:

.CA with post-qualification experience in accounting and financial reporting.

.Graduate/Post-Graduate with a couple of years of post-qualification experience in accounting and financial reporting.

.Outstanding communication & and interpersonal skills to work effectively with internal/external teams across the globe.

Desired Skills and Abilities:

.Intermediate IT skills (MS Excel, MS Access, Word)

.Robust analytical and problem-solving skills.

.Organized, methodical, and able to deal effectively with multiple priorities, and multitasking.

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 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 . 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

About

AXA

Job Source: careers.axa.com

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