Analyst, Credit Control & Premium Accounting

Axa Xl; Gurugram District; On-site; INR 600,000 - 900,000; Full time

Job summary

AXA XL is seeking an analyst to manage premium collection operations, including reconciliations, issue resolution, and stakeholder coordination. The role emphasizes accuracy, speed, and process automation within a global insurance context.

The candidate should have hands-on credit control experience and a commerce background, with strong communication skills to interact with internal teams and brokers.

Qualifications

• Exposure to credit control with hands-on experience in Credit Control and Premium accounting tasks.
• Extensive experience of Premium Collection processes and understanding of Global Insurance practices and London market slip presentations.
• Exposure to working with 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.

Responsibilities

• 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.

Skills

Credit control

Premium accounting

GENIUS systems

MS Excel

MS Access

Communication skills

Interpersonal skills

Analytical thinking

Attention to detail

Education

Bachelor's degree in commerce

Tools

GENIUS

theFRAME

Job description

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 you'll 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

We're 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).