Process Specialist, Central Operations, Ceded Re

Ceded Central Operations Team Role

The Ceded Central Operations team is part of the Ceded Reinsurance team that works with all AXA XL functions. The team's responsibility is to support global managers and the management team. The process comprises Regulatory, Operational & Departmental reporting, supporting technical accounting team.

Essential Responsibilities

Setting up/amending reinsurer/broker's/Captive name in Genius Application for global use. Additions and amendments to bank details to Major participant (Broker/Reinsurer/Captive). Setting up LORS Code in Frame Application for Syndicate business. Update rate of exchange for Facultative business as per the request from Middle office/Underwriters. Temporary addition or amendment to list of currencies for Reinsuer/Broker/Captive as per request from Technical Accounting within Ceded Reinsurance (Treaty Business). Update rate of exchange for Treaty business as per the request from Technical Accounting within Ceded Reinsurance. Input FX rates in the system for global use. Support the integration of any new processes into the Ceded Central Operations team. Performing monthly exercises for Name and Address Download, Audit Trail and Xchange rates. Managing Reinsurance documents to get signatures of all internal stakeholders/entities as per request from placement team. Collation and management of procedure manuals and process documentation. Ensure compliance towards all regulatory & system controls. Handling of adhoc queries related to the process on regular basis. Identify process improvements and make and implement recommendations to streamline the process.

You will report to Deputy Manager, Ceded Central Operations Management.

Required Skills and Abilities

A graduate with relevant years of experience in operations or reporting or Technical Accounting. The incumbent is required to be flexible in order to accommodate occasional requirements. An individual with a robust understanding of Reinsurance contract language is essential. Prepared to demonstrate self-motivation in order to develop an outstanding understanding of Reinsurance contract language. Also, proven ability to multi task and prioritise effectively. Any experience to 'Solvency II' or regulatory reporting will be an added advantage.

Desired Skills and Abilities

Good project management skills - planning, coordination, sharing status/update on regular intervals and execution. Excellent communication skills to include very high grade English language skills. High degree of accuracy and attention to detail. Experienced and pro-active/proficient in recognising requirements and providing quality service. Effective stakeholder management in order to drive the project forward and ensure milestones are met. Proficient in Microsoft Office particularly PowerPoint, Outlook, Word and Advance Excel skills.

The Individual will demonstrate the following AXA Values and Commitments: Integrity, Communication, Flexibility, Problem Solving, Outcome Orientation.

About AXA XL

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. 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.

Inclusion and Diversity

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. 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.

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.