What you’ll be DOING

What will your essential responsibilities include?

• Performing Annual Due Diligence Reviews of all Coverholders for the UK & Lloyd’s region - overseeing the operations of Coverholders as they relate to regulatory and legal compliance; this includes review of legal documents, financial statements and other documents,
• Capturing data required for the process from various systems at Lloyd’s,
• Performing quality checks of the documentation, giving recommendations for trading based on the above analyses and ensuring all documents meet AXA XL & Lloyd’s requirements,
• Liaising with Underwriters, Coverholders, and DASC management on various topics,
• Supporting and cooperating with internal and external parties for any questions / advice around the DASC Onboarding & Due Diligence process ,
• Any other ad-hoc tasks as required by the DASC management,
• Time permitting, developing knowledge of the Bordereau reporting requirements based on the Lloyd’s standards,
• Time permitting, analyzing and consulting bordereau requirements with the Underwriters, Brokers and Coverholders to create reporting templates for each Binding Authority Agreement,
• Time permitting, cooperating with the CoEDA function to support and manage bordereaux contract breaches; this will include further investigation, analysis of potential solutions and follow-up with Underwriters / Coverholders, as well as the required reporting into various Committees,
• Time permitting, working with the DASC Audit team on bordereau-related audit recommendations,
• If willing, potential development into financial review based on Profit and Loss Account and Balance Sheet of all UK & Lloyd’s Coverholders (across all geographical territories) and giving recommendations for trading based on the analysis, as well as working closely with the Financial Analysis Manager to maintain minimum standards and benchmark of Coverholder performance.

You will be reporting to Deputy Manager, Due Diligence and Audit Management, DASC.

What you will BRING

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

• Corporate work experience
• Analytical, logical and organisational skills,
• Independence of thought and curiosity of mind to work as part of a wider team but in an individual role,
• Excellent communication and interpersonal skills(verbal and written),
• Profficient command of English, both written and spoken,
• Proficiency in MS Word and MS Excel,
• Ability to multi-task and to work on deadlines, as well as follow-up on issues until their full resolution
• A flexible approach to problem solving,
• Looking to progress and take on new challenges, expected to undertake training/progressing through professional examinations,
• Background in finance or accounting, or willingness to learn how to interpret a company’s financials and other data-related results with a capability to write a clear recommendation based on results would be a plus.

Who WE are

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

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. 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.