Sr. Specialist, Financial Reporting & Accounting

Overview

This role will report to the Head of US Statutory Reporting and will be a core member of AXA XL’s US Controllers team. The Senior Specialist, Financial Reporting & Accounting, will be responsible for the preparation and review of select US statutory financial statements of at least seven legal entities. The ideal candidate will have insurance or reinsurance accounting experience, be able to work independently as well as in cross-functional teams, and bring a curious mindset to continually learn and improve processes within the department.

What will your essential responsibilities include?

• Work within a team to prepare, review and file US Statutory financial statements and related schedules within financial reporting timelines
• Draft and review audited financial statements and respond to inquiries, providing supporting documentation to external auditors as part of the annual audit
• Coordinate with cross-functional teams and AXA XL’s offshore service delivery centers to compile and consolidate the company’s financial statements and resolve issues
• Execute and maintain documentation for key internal controls including periodic reconciliations, analyses and reviews
• Research emerging and current accounting issues related to Statutory Accounting Principles and apply them to AXA XL’s entities
• Develop advanced knowledge of the company’s IT applications to apply to quarterly financial reporting processes and respond to internal and external stakeholder requests
• Participate in project work streams related to accounting requirement changes, reporting for large/complex non-recurring transactions and company-wide change initiatives

You will report to the Head of US Statutory Reporting

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

• Experienced in progressive US accounting or financial reporting experience. At least three years of US insurance or reinsurance industry work experience preferred
• Robust understanding of accounting and financial reporting as it relates to the US property and casualty insurance industry
• Knowledge and experience in the application of significant NAIC statutory accounting principles and the preparation of risk based capital models
• Proven interpersonal and communication skills with the ability to work both cross-functionally within teams and independently in the preparation and completion of financial statements and filings
• An organized individual who pays attention to detail with the ability to complete time-sensitive assigned tasks clearly and concisely
• Microsoft Excel and reporting software proficiency with proven abilities in data manipulation using pivot tables, formula creation and modifications; comfortable working with large amounts of data
• Comfortable working in a changing and dynamic environment; a curious mindset eager to improve existing processes using the latest technological tools provided by the company
• Ability to optimize process efficiency through use of automation / AI
• Bachelor’s degree with an accounting specialization; related accounting experience can substitute for degree in related area of study. Certified Public Accountant (CPA) or equivalent designation preferred

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.

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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 enables business…