Axis Manager Insurance Premium Accounting - US in New York, New York
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.
The primary responsibility of this role is to assist the Global Head of Insurance Premium Accounting with all Duck Creek Billing processes, reconciliations and quarterly reporting for Finance, and communications with internal and external customers for AXIS’ North American Insurance Business
KEY DUTIES & RESPONSIBILITIES:
Main point of contact for Duck Creek Billing items for US Premium Accounting – including assisting with production issues, reviewing items in Pre-PROD, rollbacks, new initiatives, and testing.
Review general ledger reconciliations for premium receivables and premium suspense for all US writing companies and work with various departments on Insurance, Reinsurance, and A&H to resolve outstanding reconciling items
Assist offshore Reconciliation team as needed with report delays, FAH/Oracle issues, and questions as needed
Assist with review of quarterly AR reports – including US Statutory and Group AR reports and comparative analysis on fluctuations for Insurance, Reinsurance, and A&H
Prepare monthly journal entries for Premium Accounting to send to Finance
Process month-end close steps for IRIS, as needed
Data review of various items in preparation for monthly closes in IRIS and Duck Creek
Assist with identifying process efficiencies within the Premium Accounting teams
Review unresolved differences/issues on cash allocations and premium receivables and assist in escalation process if required, as needed
Work in conjunction with the internal departments to research and resolve any outstanding issues and/or inquiries.
Assist the BPO team in researching issues
Conduct other duties as assigned.
Limited travel as needed.
REQUIRED EDUCATION/TRAINING & EXPERIENCE:
Bachelor’s degree in Accounting or Finance or equivalent work experience.
Minimum of 5 years insurance industry experience, preferably with experience in Premium Accounting
Experience utilizing Duck Creek Billing and/or implementing Duck Creek Billing
Prior BPO management experiences a plus.
Demonstrated knowledge and understanding of related automated financial systems.
Demonstration of strong software skills including Excel, Access, and Outlook.
OTHER DESIRED SKILLS & CHARACTERISTICS:
Excellent communication, analytical and proven problem-solving skills with a commitment to meeting daily, weekly, and monthly deadlines.
Detail oriented, deadline driven, organized, able to handle multiple tasks while working independently or as part of a team.
Highly motivated and dedicated to contributing to the growth and success of the company.
Problem solver – identification, analysis, recommend, implement.
Ability to manage functions across multiple geographies.
Rewarding. Challenging. Meaningful.
We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry.
Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.
We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.