financial reporting manager

financial reporting manager London, England

AXA XL
Full Time London, England 10.56 - 12.04 GBP Today
Job description

Flexible Work Eligible: Flexible Work Schedule
DISCOVER your opportunity


London, UK


We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients’ potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters.


We are looking for an experienced finance leader to be responsible for the financial reporting team of our Lloyd’s of London operations, including our two managed Syndicates and associated Non-Insurance entities.


DISCOVER your opportunity
What will your essential responsibilities include?
  • Responsible for the AXUAL finance function operating through direct and indirect (Group) resources of Finance.
  • Attendee of the AXUAL Executive Committee, which is responsible for the implementation of the strategy for AXUAL and the AXUAL Risk Management Committee overseeing the risk framework applicable to AXUAL
  • Ensure that the AXUAL finance function is sufficiently resourced and that appropriate control framework and governance is maintained through policies, procedures and training
  • Ensure compliance with relevant regulations, including the Lloyd’s Principles of Doing Business.
  • Oversee production of Board and Management MI related to AXUAL syndicates alongside external reporting requirements, for example: Syndicate Report and Accounts, and Lloyd’s Regulatory Returns.
  • Interaction and coordination with Group Business Partnering and Financial Operations functions to meet reporting deliverables and support management in assessing the overall performance of the syndicates

  • Manage the production, review, and sign off Lloyd’s quarterly and annual regulatory returns, including the production of the Syndicate accounts.
  • Manage the production and reporting of two Syndicates and associated corporate members and managing agent to Group Finance and preparation of regulatory and statutory reporting accounts for the same.
  • Assist in the quarterly close process and the production of Regional reporting data for Lloyd’s entities.
  • Lead on the management of the overall capital and liquidity position of the syndicates.
  • Manage, coach and develop the syndicate reporting team.
  • Be the key point of contact for technical queries with regards to syndicate financial reporting.
  • Work closely with the management in developing and enhancing the syndicate financial control framework.
  • Drive the development and implementation of processes to create reporting efficiencies and facilitate the production of accurate financial information.
  • Work closely with stakeholders in reserving, capital modelling and Group finance functions to improve the quality of information reported both internally within the group and externally to Lloyd’s
  • Act as a point of contact for the syndicate auditors.
  • Ensure compliance with relevant regulations, including Lloyd’s Principles of Doing Business
  • Production of internal Board and Management MI related to Lloyd’s syndicates.
  • Interaction and coordination with business partnering and FinOps to meet reporting deliverables and support management in assessing the overall performance of the syndicates.
  • Balance sheet control and reporting oversight for all reporting processes.
  • Interaction with Treasury finance function to manage liquidity and capital requirements.
  • Identify areas within remit for possible offshoring of work and automation.
  • Syndicate and Subsidiary Accounting
  • Management of the financial accounting for the AXUAL syndicates and associated entities. Review processes to ensure the data structure and integrity within the general ledger are maintained.
  • Monitoring of core controls such as balance sheet reconciliations across Financial Control and Shared Services to ensure the integrity and accuracy of financial information.
  • Management of Local and AXA XL External Audit Processes as they relate to Lloyd’s operations.
  • Financial Reporting
  • Responsible for leading the team that oversees the accurate and timely production of the regulatory reports and all syndicate financial returns to Lloyd’s for all managed syndicates.
  • Oversee and maintain the regulatory reporting timetables, ensuring local operations requirements are effectively integrated with the group reporting processes.
  • Maintenance of an effective control environment to ensure accuracy and integrity of the trial balances for all UK entities
  • Review analysis of movements / variances in the quarterly regulatory financial results.
  • Review of annual reports, interim statements and board and audit committee updates.
  • Review of audit files and supportive workings for interim and full year statutory audit reviews provided to the External and Internal Auditors. Manage queries from both internal and external stakeholders.
  • Regulatory Reporting
  • Responsible for leading the team that oversees the accurate and timely production of the regulatory results of all financial returns to Lloyd’s for all managed syndicates.
  • Maximize the efficiency of reviewing statutory and regulatory returns and ensure the results to be reported are accurate by developing robust controls.
  • Support the local Tax Manager by providing the necessary information for tax compliance activities.
  • Review analysis of movements / variances in the quarterly regulatory financial results.
You will report to the Chief Financial Officer, UK & Lloyd’s Market

SHARE your talent


SHARE your talent

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

  • Be a qualified accountant and have relevant demonstrable experience in a senior role.
  • Ability to manage time, work to tight deadlines and adapt to changing requirements
  • Strong analytical skills, with an inquisitive attitude, with attention to detail.
  • Good interpersonal and communication skills, both verbally and in writing.
  • Ability to understand the results of their own work to ensure they make sense in a business sense and to ensure accuracy.
  • Ability to manage a team with proven delivery of business value and pursuit of quality.
  • Outcome focused, self-motivated to achieve desired results, flexible and enthusiastic.
  • A proactive, self-starter and self-motivator, adaptable in a fast-moving environment.
  • Professional approach to successfully interact with senior management / colleagues / external suppliers and confident to articulate your views and influence peers.

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 strong 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.

At AXA XL we are happy to talk flexible working. We are committed to building a diverse and inclusive workforce and consider flexible ways of working for every role. Talk to us about how we can make flexibility work for you.

Learn more at axaxl.com.

Corporate Responsibility
At AXA XL our approach to corporate responsibility (CR) is the same as our approach to business; constantly seeking to provide innovative solutions to the world’s most complex problems. From offering our expertise, products and services to help build more resilient communities, to advancing understanding and response to climate change, our strategy – Our Impact. Our Future. – aligns key issues that are pertinent to our business – climate, water and financial resilience - and contributes to AXA Group’s purpose to “Act for human progress by protecting what matters.”.

  • Climate: We’re reducing our carbon footprint, protecting ecosystems and exploring how our business can help build a better world.
  • Water: We’re developing water resilience where it is — and will be — needed most.
  • Financial resilience: We’re helping create opportunities for the unemployed and underemployed, so they can be better prepared for unexpected changes.
  • Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as our “Hearts in Action” programs.
For more information please see the Corporate Responsibility section on our website.

Diversity & Inclusion
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, while creating 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+, race/ethnicity, 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.


AXA XL is an Equal Opportunity Employer.
Location:GB-GB-London

Work Locations: GB London 20 Gracechurch Street 20 Gracechurch Street London London EC3V 0BG
Job Field:Finance
Schedule:Full-time
Job Type:Standard

financial reporting manager
AXA XL

https://axaxl.com
Dublin, Ireland
Scott Gunter
$5 to $10 billion (USD)
5001 to 10000 Employees
Company - Public
Insurance Carriers
Insurance
1986
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