Job Description

:

Reinsurance Specialist

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AXA XL is an Equal Opportunity Employer.

Ceded Reinsurance is a strategic function within AXA XL in charge of defining and implementing the reinsurance strategy as well as administrating all reinsurance treaties through their lifecycle. Ceded Re is part of the AXA XL Risk Management function, the AXA XL Chief Risk Officer being member of AXA XL Leadership team.

Ceded Re Operations team is responsible for the administration of all Treaty Reinsurance business written within AXA XL. Ceded Re Operations is composed of 4 key areas: Technical Operations, Technical Accounting, Data & Operations Reporting and Central Operations.

This role resides within the Ceded Reinsurance Specialty Technical Operations team based in London, which is responsible for:

Global speciality reinsurance policy set-up for Property & Aviation tower and administration of Ceded Reinsurance issued to brokers.

What

you'll be doing

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The individual will be required to oversee and manage life cycle of Treaty, to include but not limited to the following classes;Construction Parametric Property Property CAT

The individual will be required to:

Manage and operate Ceded reinsurance in 3 operating system tools. Partner with our intermediaries to manage sanction related issues. The role will require close relations with our internal customers and colleagues in Claims, Underwriting, Finance, Actuarial and Legal. Work within Ceded Re and across departments to review and improve Sanction review process, liaising with inward teams for resource and process to gain insight for ceded. The role will be supported by our operations team based in ESS Shared services area in India. The individual will be required to build close relationships with the team and hold regular calls to discuss workload and issues, providing support as required. Support Ceded Re transformation journey, actively participating in projects which aim to drive efficiency. Review process and where appropriate suggest improvements. Oversee any cash calls to issue as per contractual provisions. Ensure all contractual reporting requirements are met. Work closely with Technical Accounting team to support the credit control process and improve cash flow. Attend regular meetings with Ceded Placement Officers to understand new placements and how ceded can be applied. Ensuring understanding of how placements for various lines of business interact and inuring relationships. Provide review and sign-off of new policy set up by ESS Shared Services in core systems.

ENVIRONMENT AND CHALLENGES:

Mandate

Ceded Re Operations team oversees accurate records of ceded reinsurance transactions (Treaties, Facs and Captives) across AXA XL BUs (UK & Lloyds, Americas, APAC & Europe) and is accountable and responsible for Treaties (excl. Internal treaties) representing $7.4 Bn of ceded premiums in 2025 (ca. 70 treaties) and corresponding to ca.:700 contracts set up year in the 3 operating tools; 80k bordereaux issued per year; 1.2K statements issued per quarter for QS treaties; 40K claims movements reviewed per month (Genius); Large loss reporting to senior management for Ceded input

Team Engagement

Working closely with our shared services India team including monitoring, review and training on reinsurance treaty matters.

Exposure within AXA XL

Work with our Inward processing Middle office area for matters of specific RI such as Facultative. Claim management with brokers & reinsurers for any queries arising Legal - liaise with Legal for matters arising from claim and also with regard to Sanctions Claims adjusters - build relationships with internal claims adjusters. Senior claims management - exposure to senior claims management on large loss reporting. Finance & Actuarial - communication no any claims adjustments post close for accrual consideration. Ceded claims group - liaison on large claim matters

What

you'll bring

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We're looking for someone who has these abilities and skills:

Experience with multiple lines of business in Reinsurance environment in previous roles Advanced command of MS office and in particular advanced Excel skills and potential Access Ability to liaise with key stakeholders internally and externally Good Collaborator: can work effectively with key stakeholders at all levels Coaching and capability-building, conscientious about quality and accuracy of work provided Excellent Time management and organization skills Agility and ability to work on several topics at the same time Experience working with a virtual team Excellent verbal and written communication, collaboration both in person and virtual Able to work to tight deadlines in order to correctly reflect in financials for close Good eye for detail and process Comfortable in giving training to team where required Ability to travel to other AXA XL offices for meeting and training colleagues

What

we

offer

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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. That's 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. It's 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 axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL's 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.

We're 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. We're 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. We're 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 XL's "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.

Who

we

are

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AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide re/insurance, we reinvent it.

How? By 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 axaxl.com