Global Head of Technical Accounting, Reinsurance
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Global Head of Technical Accounting, Reinsurance
London
The Global Head of Technical Accounting for Reinsurance will have excellent technical reinsurance competance and experience, and will be responsible for the governance, continuous improvement and service excellence for our global reinsurance technical accounting. The role will work with regional and Shared Service Technical Accounting colleagues to monitor, manage and govern our global technical accounting service delivery, and will ensure there is clear visibility of performance for key stakeholders. The role will report to the Global Head of Operations & Digital, Reinsurance.
DISCOVER your opportunity
What will your essential responsibilities include?
Key Accountabilities:
• Global oversight of technical accounting responsible for driving consistency, process improvement, best practice, automation and continuous improvement across the Reinsurance segment
• Work with regional reinsurance Technical Accounting colleagues and Shared Service Technical Accounting colleagues to assure timely and accurate financial data and achievement of service excellence
• Dotted line dual reporting line manager for 5 Technical Accounting Managers / Leaders across the globe (Bermuda, North America and International Regions, Shared Service India and Shared Service Poland). Solid line reporting will be to a manager in country / in region.
• Maintain high relationships with key stakeholders through frequent contact and being responsive to their business needs
• Develop and mentor Technical Accounting Managers / Leads in Region and in Shared Service to assure professional growth and value add
• Proven ability to challenge the status quo and deliver successful change
• Engage, influence and align stakeholders in support of Global Operations goals
• Collaborate with Reinsurance IT team to continuously improve efficiency of processing and to accommodate new types of business
• Participating member of the Global Reinsurance Operations leadership group
Core Competencies:
• Ability to identify problems, isolate problems from symptoms, solve them, act decisively and show good judgment
• Robust learning agility and ability to use new information effectively
• Demonstrate the ability for staying close to internal clients / key stakeholders, and to view technical accounting through the lens of the customer, going out of their way to anticipate customer needs
• Solid understanding of the workings of a reinsurance business
• Support reinsurance technical accounting in the global context, looking across geographical borders in identifying opportunities and threats. Capable of working and collaborating with a virtual team, across multiple diverse geographies and value the differences across cultures.
• Continuous Improvement Focused: Willing to ask questions and explore new ideas. Eager to learn and focused on continuously improving technical skills and AXA XL Reinsurance technical accounting capabilities.
• Be a robust collaborator: Establish and maintain productive working relationships with internal stakeholders. Devote appropriate time and energy to establishing and maintaining appropriate networks and utilise them to facilitate business outcomes.
• Be team oriented and identify with the larger Reinsurance organisation and their role within it.
• Ability to effectively support consistent and optimised training, direction and support to improve the depth of technical accounting capabilities across the segment
SHARE your talent
SHARE your talent
We're looking for someone who has these abilities and skills:
Qualifications, Skills and Knowledge Necessary to Perform the Job:
• Education to Bachelor's degree level or equivalent in Accounting
• Advanced Technical or Reinsurance Accounting Experience.
• Extensive knowledge relating to the provision of and accounting for Letters of Credit
• Demonstrated experience in managing and deliving effective processes related to reinsurance account processing, cash allocation, balance settlement and collection.
• Excellent verbal and written communication skills.
• Advanced proficiency with the Microsoft suite of products.
• CPCU or ACII designation would be beneficial
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 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
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. 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 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 "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