FP&A Lead - Reinsurance

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.

At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work. 

All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.

How does this role contribute to our collective success?

The FP&A Lead - Reinsurance acts as the business partner to the Head of AXIS Reinsurance and underwriters in the division by providing dedicated financial planning and analysis. 

What will you do in this role?

• Co-ordinate and analyze monthly and quarterly management information for the division including;

  • Comparison of underwriting results to forecast and budget and prior period

  • MD&A style narrative report

  • Internal management reporting including production reports vs. budget and prior year at division and business unit levels

  • Metric reporting  

  • G&A Expenses

  • Other reports and analysis as may be deemed necessary from time to time

• Provide meaningful analysis of the monthly and quarterly production data and produce reports to support the business in the understanding and development of the plans

• Support underwriting functions, in developing and understanding of their strategy, annual plans and monthly / quarterly forecasts including the development of underwriting actions in line with strategic objectives 

• Co-ordinate, analyze and challenge the overall plan and monthly / quarterly forecasts in context of the overall strategy and provide recommendations to senior management

• Prepare presentations for quarterly board updates, leadership meetings and rating agencies

• Develop and enhance management reporting capabilities

• Assist in the evaluation of new business initiatives and strategic opportunities 

• Interface with group finance to support monthly, quarterly and year end close functions, data requirements and inquiries

• Support the formation of the business decisions and that these decisions are grounded on sound financial criteria

• Understand the division’s unique business issues and challenges when formulating decision making  

• Provide strategic forward looking financial information, perspectives and recommendations for business decisions and long-term objectives and strategies

• Work with Operations, Pricing, and Reserving and other partners to provide Finance support to key business initiatives

About You:

We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.

What you need to have:

• At least 10 years progressively responsible insurance / reinsurance accounting, budgeting, planning, financial reporting and business partnering experience

• Educated to degree level and the holder of a recognized professional qualification preferred

• Reinsurance business and product knowledge and commercial awareness

• Experience in all aspects of forecasting, reserving and accounting for Reinsurance business involving complex transactions and systems

• Excellent teamwork and communication skills with business partners and underwriters

• Highly numerate with strong analytical and problem-solving skills 

• A proven ability to meet tight deadlines and work under pressure with ability to respond to changing priorities

• Understanding the role of Finance and other Group functions and their interaction with the Reinsurance units

• Excellent oral and written communication skills, and the ability to develop and maintain effective working relationships

• Proficient with MS Office products including developing presentations and reports for management

• Experience of reporting and finance systems including Anaplan and Power BI

• Solution and delivery oriented, with a flexible outlook

• Good team player with the ability to contribute to the development of AXIS

Role Factors:

In this role, you will typically be required to:

Be in the office 3 days per week.

What we offer: