Assistant Manager with AXA XL

Axa Xl; Bengaluru; Hybrid; INR 1,200,000 - 1,800,000; Full time

Job summary

AXA XL in Bengaluru, India, invites applications for an Assistant Manager, Chief Accounting and Capital Office. The role focuses on Solvency II reporting compliance, preparing the Solvency II Balance Sheet for the division, and aligning with Group reporting guidelines in line with EIOPA standards.

You will support quarterly BMA Solvency Balance Sheet preparation, data extraction validation, and respond to audit inquiries while ensuring governance across intercompany processes.

Qualifications

• CA with 1.5–3 years of post-qualification experience
• Strong analytical skills and attention to detail
• Good communication and interpersonal skills

Responsibilities

• Ensure Solvency II Balance Sheet submissions for the AXA XL division with quarterly alignment to group systems.
• Review and prepare the BMA solvency balance sheet (Internal Model) per regulatory guidelines quarterly.
• Shadow data extraction/validation and provide analysis for divisional and statutory reporting.
• Support Q&A, audit inquiries, and internal controls with necessary details.
• Perform intercompany reconciliation prep, research and clearance ensuring governance.
• Collaborate on transversal projects and lead system enhancement UATs when needed.
• Identify and analyze potential process improvements within finance disciplines.

Skills

Analytical skills

Attention to detail

Good communication

Education

Chartered Accountant

Tools

MS Office

VBA

Power BI

Job description

Assistant Manager, Chief Accounting and Capital Office

Bengaluru, India

We are dedicated to ensuring compliance with Solvency II reporting for our division in accordance with EIOPA guidelines, as part of the overall Group reporting process. Our responsibilities include constructing the Solvency II Balance Sheet for AXA XL and coordinating the reporting of the EOF with the group by aligning our division's systems with those of the Group. Additionally, our team prepares the BMA Solvency Balance Sheet (Internal Model) and offers support for Intercompany Governance. We also assist with audit inquiries and facilitate new accounting developments that necessitate changes in our systems.

DISCOVER your opportunity

What will your essential responsibilities include?

• Ensuring the submission of Solvency II Balance Sheet for AXA XL as a division by aligning with group reporting system on a quarterly basis (including other related schedules).
• Review and prepare the BMA solvency Balance Sheet (Internal Model) by aligning reporting with regulatory guidelines on a quarterly basis (including hierarchy maintenance and ensuring system is updated).
• Shadowing colleagues to assist with data extraction/Validation and analysis for the Divisional and Statutory Solvency reporting.
• Providing necessary support and details as part for Q&A, Audit, and internal controls as needed.
• Performing Intercompany reconciliation Preparation, Research & Clearance, Compliance and Governance.
• Transversal Project/Initiatives:
• Support team in system enhancement UATs as and when necessary.
• Identify and analyze potential process improvement opportunities within and between finance disciplines.

You will report to Senior Manager Solvency Reporting and Capital Management, CACO

SHARE your talent

Were looking for someone who has these abilities and skills:

Required Skills and Abilities:

• Chartered Account with minimum 1.5 to 3 years of experience Strong analytical skills and attention to details
• Good Technical knowledge – IT skills (MS Office, VBA, Power BI etc.)

Desired Skills and Abilities:

• Good Communication & interpersonal skills; ability to communicate technical information to non-technical audiences.
• Willingness to ask ‘why’ and ‘how we can improve.’
• Organized, methodical, able to deal effectively with multiple priorities and do multitasking.
• Ability to work independently in a fast-paced environment.