Analyst, Credit Control & Premium Accounting

AXA Global Business Services; Gurugram District; On-site; INR 600,000 - 900,000; Full time

Job summary

AXA XL in Gurgaon, India, is seeking an Analyst for Credit Control and Premium Accounting to manage daily reconciliations and premium collections. You will liaise with brokers and internal teams to ensure accurate postings and timely follow-ups.

The role requires hands-on experience in premium collection, knowledge of global insurance practices, and proficiency with GENIUS and other accounting systems. Collaboration across multicultural teams is essential.

Qualifications

• Exposure to credit control and premium accounting tasks.

Responsibilities

• Manage day-to-day operations between AXA XL and brokers including monthly reconciliations and escalation of material, overdue premiums.
• Perform account reconciliations and resolve issues with internal parties.
• Maintain internal accounts analysis and records.
• Communicate daily with internal and external stakeholders via email for reminders and follow-ups.
• Review aged premiums and ensure thresholds are met.
• Handle high volumes with timely turnaround.
• Drive process automation and standardization of tasks.
• Ensure competence across accounting platforms (theFRAME and GENIUS) and compliance with FIC controls.
• Provide clear commentary for monthly reporting packs and debt review sessions.
• Support ad hoc reports or projects.

Skills

Credit control

Premium accounting

GENIUS systems

MS Excel

Communication skills

Education

Bachelor's/Masters in commerce

Tools

MS Access

Job description

Analyst, Credit Control and Premium Accounting

Gurgaon, Haryana, India

This is an analyst role which requires extensive experience of Premium Collection processes and in-depth understanding of the Global Insurance practices and London market slip presentations.

What youll be DOING

What will your essential responsibilities include

• Assume responsibility for day-to-day operations between AXA XL and a designated broker including monthly reconciliations, query management and escalation of material, overdue premiums.
• Account reconciliations and resolution of issues in coordination with internal parties.
• Internal accounts analysis reconciliations with maintenance of their records.
• Daily email communication with internal and external parties which includes reminders and follow-up with various departments.
• Perform periodic reviews of aged premium falling below full-service value thresholds.
• Work with high volumes and maintain the turnaround time.
• Drive process automation and standardization of various process tasks.
• Ensure competence across all accounting platforms (theFRAME and GENIUS) and utilized by the collection Premium Collections. Ensure full compliance with FIC controls.
• Provide clear, concise commentary evidencing actions performed for monthly reporting packs and at scheduled debt reviews to be performed by line manager.
• Ad hoc reports or projects.

You will report to Deputy Manager.

What you will BRING

Were looking for someone who has these abilities and skills:

Required Skills and Abilities:

• Exposure to credit control with hands on experience of Credit Control and Premium accounting tasks.
• Extensive experience of Premium Collection processes and in-depth understanding of the Global Insurance practices and London market slip presentations.
• Exposure of working with both internal and external stakeholders.
• Well versed with GENIUS systems.
• Ability to work independently in a fast-paced multi-cultural environment.
• Good communication interpersonal skills.
• Consistently deliver work of a high standard within agreed timescales to meet tight deadlines.
• Graduate/ Post-graduate in commerce is mandatory.

Desired Skills and Abilities:

• Exposure to accounting/ insurance at education or during previous job is preferred
• Effective problem solving and analytical skills
• Analytical mindset, structured work approach and high levels of attention to detail
• Excellent IT skills (MS Excel MS Access).

Who WE are

AXA XL, the PC and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we dont just provide re/insurance, we reinvent it.

HowBy 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

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. Thats 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. Its 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

AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XLs 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.

Were 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. Were 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. Were 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 XLs 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.