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Specialist, Financial Reporting

3 months ago

EXTON, United States AXA Group Full time

Specialist, Financial Reporting & Accounting

Exton, PA/USA

 

DISCOVER your opportunity

What will your essential responsibilities include?

  • Prepare and record monthly/quarterly journal entries
  • Prepare Balance Sheet MD&A
  • Create premium receivable, reinsurance recoverable, suspense account aging templates and perform variance analyses
  • Prepare quarterly analysis of gross/ceded written premiums and commissions analytics and associated analyses
  • Assist cash managers to review cash positions to determine cash needs for weekly communication with US Treasury Operations
  • Serve as a back-up contact for Exton Treasury
  • Assist in managing and monitoring daily ACH and wire transactions
  • Prepare quarterly reconciliations of premium receivable ledger balances to MGA source system reports
  • Calculate and record insurance technical entries (premiums, commissions, paid losses, case reserves) to the general ledger
  • Review of monthly claim activity from TPA source system reports to identify and resolve variances between TPA and internally generated reports
  • Calculate and record deferred acquisition costs for specific MGAs
  • Assist with the quarterly preparation of statutory footnotes and general interrogatories
  • Assist external auditors in their reviews/audits
  • Support Internal Controls and Internal Audit, as necessary
  • Ad-Hoc requests 

You will report to Senior Manager - U.S. Controllers (Exton).

SHARE your talent

Weâre looking for someone who has these abilities and skills:

Required Skills and Abilities:

  • Bachelorâs in Accounting / Finance; CPA designation a plus
  • Some professional experience, preferably in Insurance Accounting, working with Third Party Claims Administrators and Insurance MGAs (Programs)
  • Critical thinking and problem-solving skills
  • Excellent interpersonal skills
  • Excellent teamwork and collaboration skills
  • Proficiency in Oracle (HFM), Microsoft Office: Excel, PowerPoint, Access Database, Word

Desired Skills and Abilities:

  • Excellent oral and written communication skills
  • Ability to multi-task and work effectively in a fast-paced, dynamic work environment
  • Willingness to work with various matrix partners to achieve desired unit goals

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 donât 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 â 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

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. Thatâs 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. Itâs about helping one another â and our business â to move forward and succeed.

  • 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 axaxl.com/about-us/inclusion-and-diversity.  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 âRoots of resilienceâ, 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 â are essential to our future. Weâre committed to protecting and restoring nature â from mangrove forests to the bees in our backyard â 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. Weâre 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 XLâs âHearts in Actionâ programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day â the Global Day of Giving. 

For more information, please see Sustainability at AXA XL.

The U.S. pay range for this position is USD 63,000 â 121,000. Actual pay will be determined based upon the individualâs skills, experience, and location. We strive for market alignment and internal equity with our colleaguesâ pay.

At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits.  We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers.  For more details about AXA XLâs benefits offerings, please visit US-Benefits-at-a-Glance_2023_US.pdf (myaxaxlbenefits.com).