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AXA

Global insurer offering life, property, casualty

Experienced Reinsurance Technical Accountant

Financial AccountingConfirmed live in the last 24 hours
Full-timePuteaux, France

About the Job

Requirements

  • A DSCG, Master's in Accounting and Finance, Master's in Finance, or equivalent is required.
  • At least 5 years of experience in reinsurance accounting or technical insurance accounting is required.
  • Mastery of technical reinsurance accounting and insurance accounting regulations (FGAAP), with knowledge of IFRS standards.
  • Proficiency with SAP S4HANA and advanced Excel; DCR/WEBXL experience is an advantage.
  • Professional English proficiency for working in an international environment.
  • Ability to organize and manage work independently, analyze and synthesize information, coordinate with varied stakeholders, communicate effectively, and document work clearly.

Responsibilities

  • Manage and control accepted and ceded reinsurance flows, including premiums, claims, and commissions, in accordance with reinsurance treaties.
  • Monthly, control the accurate transfer of reinsurance flows from DCR/WEBXL management tools to SAP S4HANA and analyze and resolve identified discrepancies.
  • Record reinsurance technical provisions, including ceded claims provisions, profit-sharing provisions, and reinsurance reserves.
  • Determine gains and losses on ceded claims provisions and calculate tax on gains.
  • Reconcile the actuarial view of reinsurance liabilities with actual accounting data from management applications.
  • Control and record the allocation of commissions by destination for AXA Health Re.
  • Participate in quarterly and annual closings by preparing, checking, and analyzing reinsurance balance-sheet and income-statement accounts.
  • Produce reinsurance account reconciliations and analyses required for clearance notes.
  • Contribute to reinsurance regulatory reporting, including ENS and narratives for SFCR and RSR.
  • Contribute to analysis of combined ratios and margin.
  • Ensure a reliable audit trail for lower-balance-sheet accounts in coordination with third-party accounting.
  • Coordinate with reinsurance business accounting to ensure consistency of inter-entity balances and reinsurer clearing accounts.
  • Support responses to statutory auditors for the reinsurance scope.
  • Continuously document work, operating procedures, audit trails, and decisions, and implement internal financial control measures for the reinsurance scope.
  • Update statutory financial statement notes.

Desired Qualifications

  • Experience with DCR/WEBXL is an advantage.

About the Company

AXA

Global insurer offering life, property, casualty

AXA is a global insurer and asset manager that provides life, health, and property and casualty insurance, as well as related financial services. Its products work by customers paying insurance premiums in exchange for coverage against risks; AXA pools risk across many policyholders, prices premiums based on risk, and pays claims when events occur, while also offering investment and retirement products through its asset management arm. The company has grown through large acquisitions, giving it a wide geographic footprint and a diverse mix of personal, commercial, and specialty insurance offerings. This scale and breadth set AXA apart from many competitors, alongside a long history of strategic mergers that expanded its reach to customers around the world. AXA’s goal is to be a leading global insurer and asset manager, delivering financial protection and long-term value to customers and stakeholders.

Company size
10,001+
Company stage
IPO
Headquarters
Paris, France
Founded
1816

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