Finance Analyst - Financial Reporting & Accounting

Finance is a key function focused on quantifying, analysing and evaluating AXA XL’s performance in order to provide insightful and accurate information to a number of external and internal stakeholders. The work performed by Finance is used for a variety of purposes such as development and implementation of business strategy, managing risk and controls, compliance with regulatory requirements in the UK, and across the globe. Another important part of the Finance function is partnering with other functions, for example underwriters, by providing first-hand insight into their financial performance and assist with business planning.

The Finance Graduate Analyst will support the Finance team in delivering accurate, timely and insightful financial reporting, analysis, controls and operational finance activities. This role is designed for a motivated graduate who is looking to build a foundation in accounting, financial reporting, business partnering and financial controls while working towards a professional finance qualification.

What you’ll be doing

What will your essential responsibilities include?

• Support quarterly financial close process, including preparation of journals, reconciliations and supporting schedules.
• Assist with the preparation of management information, commentary and analysis for Finance leadership and business stakeholders.
• Help maintain, test and improve financial controls, working closely with finance operations teams.
• Prepare and review balance sheet reconciliations, investigate variances and follow up on outstanding items.
• Support the preparation of year-end financial statements, audit deliverables and regulatory reporting requirements.
• Work with colleagues across Finance, Actuarial, Tax, Ceded Re, Middle Office and other teams to resolve data quality or reporting issues.
• Contribute to process improvement initiatives, including simplification, automation and better use of finance systems and data.
• Develop clear, accurate and well-presented analysis to support decision-making.
• Maintain accurate records of work completed, training undertaken and development progress.

You will report to the Head of Finance, Financial Reporting And Accounting .

What you’ll bring

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

Required Skills and Abilities:

• Solving complex problems through logic, initiative and skill, as this forms part of a finance professional’s daily role. You will be working with complicated processes and procedures and will need to be adept at interpreting and manipulating data.
• Attention to detail and excellent numerical skills are essential.
• This is an interactive role and you will work with a wide range of professionals including actuaries, underwriters, claims, risk and compliance managers at all levels, so the ability to build successful relationships and to communicate well to different audiences is important.
• Working in finance demands a wide range of skills, including time management, data interpretation and analysis, the ability to communicate verbally and in writing, and work in and with varied teams.
• Relevant qualification

Desired Skills and Abilities:

• Previous experience of working in the financial services sector or large corporation via internship or placement
• Advanced Excel skills

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.

• 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.

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:

• 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.

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