Associate Consultant - Technical Accounting

AXA XL

  • Gurgaon, Haryana
  • Permanent
  • Full-time
  • 25 days ago
Associate Consultant – Ceded Re Technical AccountingGurgaon,HaryanaAXA XL is looking for talented individuals to support our business across all product lines and geographies. This is an exciting opportunity to be part of a dynamic, global business.DISCOVER your opportunity
What will your essential responsibilities include?
  • Liaise with Ceded Re/Middle Office/Underwriters/Client Relationship Managers and Claims Handlers to establish any special payment requirements.
  • Update and maintain Broker and Reinsurer Information spreadsheet with all contact information and special requirements to ensure key level of service is always met
  • Establish strong relationships with external contacts for all areas of responsibility
  • Maintain accurate cash flow information and full records.
  • Timely settlement to Reinsurers in order to meet agreed terms by either a) ad hoc request or b) via the monthly Bordereaux run
  • Ensure Data Quality Reports are agreed prior to any settlement being arranged on an ad hoc basis liaising with Middle Office as and when required in order to provide assistance so the correct data can be captured
  • Ensuring claims billings are sent in accordance to the Reinsurer contractual requirements (such as offsetting) along with any pre agreed supporting information, such as Loss Runs, Claim documentation
  • Action Ad Hoc bordereaux requests and send Data Quality within specified timeframes to ensure and accommodate any urgent requests such as PPW/Cash Calls.
  • Ensure appropriate documentation are sent to Reinsurers immediately after settlement raised
  • Respond to all queries raised by Middle Office, Ceded Re, Claims Handlers and Reinsurers in a timely and accurate manner, providing a high level of service at all times
  • Ensure any delays or extraordinary issues are raised to management immediately and relevant communication provided to involved parties
You will report to Senior Manager.QualificationsSHARE your talent
We’re looking for someone who has these abilities and skills:Required Skills and Abilities:
  • Candidate with couple of years of experiencewithin AXA XL (other candidates to be considered in exceptional cases)
  • PC Skills – Microsoft Word/Excel and Email essential
  • Accuracy and attention to detail are essential
  • Excellent communication skills are required
  • Ability to prioritise, multi task and work under pressure
  • Ability to work well on own and part of a team
  • Ability to self-motivate.
FIND your futureAXA 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 atInclusion & DiversityAXA 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 can reach their highest potential. It’s about helping one another — and our business — 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 . AXA XL is an Equal Opportunity Employer.SustainabilityAt 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.

AXA XL

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