Senior Technical Accountant (Ceded Reinsurance) at AXA
London EC3V, England, United Kingdom -
Full Time


Start Date

Immediate

Expiry Date

13 Sep, 25

Salary

0.0

Posted On

13 Jun, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Microsoft Office, Excel, Training, Finance, Access, It, Ethnicity

Industry

Financial Services

Description

Job Description:

WHAT YOU’LL BRING

We’re looking for someone who has these abilities and skills:

REQUIRED SKILLS AND ABILITIES:

  • Bachelor’s degree in business, finance, accounting or a related area, or equivalent work experience.
  • Years’ experience in Finance and/or Reinsurance industry or equivalent combination of training and experience.
  • Proven efficiency in ability to multitask, with attention to detail.
  • Proficient in Microsoft Office (Excel, Word, Access).

DESIRED SKILLS AND ABILITIES:

  • Excellent research and analytical skills, robust financial reconciliation skills.
    Display excellent customer relation skills, as well as result driven.

WHO WE ARE

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

Responsibilities

This role resides within the Ceded Reinsurance Technical Accounting team based in UK, which is responsible primarily responsible for:

  • Overseeing settlement of all Ceded Premiums in line with AXA XL payment guidelines and the recovery of all Ceded Recoveries (ca. USD 3bn per year) processed within the AXA XL systems;
  • Collaterals collection (ca. USD9bn)
  • Overseeing BDX releases to reinsurers;
  • Performing credit control of all balances within their remit including Bad & Aged debt Management for both treaty and aged Facultative portfolios (over a year) on a global basis to assist with reduction of large and aged debt.
  • The individual will be required to:
  • Manage the collaterals collection for US entities (ca. USD9bn) liaising with ca. 150 brokers or reinsurers;
  • Contribute to the technical accounting processes for the US entities;
  • Participate to the Ceded Re transformation plan as Subject Matter Expert;
  • Develop and maintain influential relationships with all interna (ESS team, claims, underwriting and middle office) and external stakeholders (brokers, reinsurers, auditors).
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