Senior Reinsurance Technical Accountant F/M

AXA Health Group; Madrid; On-site; EUR 55,000 - 76,000; Full time

Job summary

AXA Health Solutions in Madrid seeks a Senior Reinsurance Technical Accountant to manage accounting flows for the MAXIS portfolio. You will ensure recordings of inward/outward reinsurance transactions, settlements, and alignment with treaty terms, working with the Duck Creek Reinsurance tool.

The role requires strong technical accounting experience in reinsurance, high analytical ability, and fluent English for cross‑border collaboration with stakeholders across finance and operations.

Qualifications

• Significant experience in technical accounting preferably in reinsurance.
• Strong analytical and data handling skills.
• Ability to interact with diverse stakeholders in finance, operations and external partners.
• Professional level of English (spoken and written).

Responsibilities

• Set up and control contractual parameters in the Reinsurance flow Management tool (DCR).
• Track and record premiums, claims, commissions, and accounts reported by ceding companies or brokers.
• Ensure accurate and timely booking of all reinsurance flows.
• Initiate settlements and reconcile cash flows with accounting entries.
• Verify adequacy between accounting data and reinsurance treaty provisions.
• Align with contractual terms and conditions and analyze variances.
• Handle anomalies and manage third-party/auxiliary accounts.
• Contribute to continuous improvement initiatives for operational efficiency.

Skills

Technical accounting

Reinsurance

Analytical skills

Data handling

Stakeholder management

English proficiency

Tools

Duck Creek Reinsurance (DCR)

Job description

AXA Health Solutions has been created on 1st January 2026 for serving two new risk carriers: AXA Health Insurance and AXA Health Reinsurance.

Both entities provide international health and protection solutions worldwide with two main portfolios:

• MAXIS GBN: Captive and Pools solutions for multinational companies,
• AXA Health International: health and protection solutions for expatriates and globally mobile individuals.

In this context of entity creation and strong growth driven by our new strategic plan 2027- 2029 “Growing Forward”, the Reinsurance Operations team must be equipped with experienced resources to operationally manage the significant increase in reinsurance transaction volumes, treaty complexity, and regulatory requirements.

The team is currently looking for a Senior Reinsurance Technical Accountant for the MAXIS portfolio.

In this role, you will be responsible for ensuring the management, control, accounting recording of financial flows related to reinsurance treaties (inward and outward) for this portfolio.

Main Responsibilities

• Set up and control contractual parameters in the Reinsurance flow Management tool (DCR - Duck Creek Reinsurance tool)
• Track and record premiums, claims, commissions, and accounts reported by ceding companies or brokers
• Ensure accurate and timely booking of all reinsurance flows
• Initiate the settlements and reconcile all cash flows with our accounting entries
• Verify the adequacy between accounting data received and the provisions of reinsurance treaties
• Ensure alignment with contractual terms and conditions
• Analyze variances and discrepancies
• Handle anomalies and manage third-party/auxiliary accounts
• Contribute actively to continuous improvement initiatives, identify opportunities to enhance operational efficiency

Profile

• Significant experience in technical accounting preferably in reinsurance
• Rigorous and strong analytical skills,
• Ability to work with complex data and large volumes of information
• Team player and ability to interact with diverse stakeholders (technical, finance, operations, external partners)
• Professional level of English (spoken and written)