Management Trainee, Financial Reporting & Accounting

Senior Associate / Management Trainee, Finance

Gurgaon, Haryana, India

External reporting finance team is involved in producing the financial statements based on the statutory rules and as per the local GAAP / IFRS requirements on a quarterly basis. The team is also involved in preparation of the various reports and forms as prescribed by the Insurance regulatory authorities of various countries where AXA XL writes its insurance business from on a quarterly and annual basis. The team produces various reports for the regulator to show we maintain sufficient level of solvency and liquidity as prescribed by the regulator. The team prepares various reports as prescribed by corporate close calendar. The team performs data clean ups and prepares various source system & other reconciliations to support various stakeholders and auditors.

What You'll Be DOING

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 do detailed analytics on for 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.

What You Will BRING

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

Required Skills And Abilities

Desired Skills And Abilities

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

What we OFFER

Inclusion

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 enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It's about helping one another — and our business — to move forward and succeed.

Learn more at axaxl.com / about-us / inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL's Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We're committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

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

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

Skills Required

Financial Statements, Excel, Ca