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AXA Liability Managers Career Opportunities January 2010 Opportunities: Claims Management Claims Technicians Finance Roles Reinsurance Recruitment Contacts Finance Roles Scott Woodrow e: scott.woodrow@prs.uk.com t: 01473 250990 Claim & Reinsurance Roles Paul Sheldrake e: paul.sheldrake@prs.uk.com t: 01473 250990 AXA Liabilities Managers (LM) AXA Liabilities Managers is an AXA Group company specializing in non-life (re)insurance legacy business acquisition and management, operating in Continental Europe, the UK and North America. Founded in 2001, AXA Liabilities Managers pioneered centralised legacy management for a large insurance group. Today, they are one of the leading firms in the industry. Their experience and broad expertise are showcased by the 400 employees who are present in all key (re)insurance markets: Continental Europe, the United Kingdom and North America. They: • Manage 4 billion euros of non-life liabilities (as at December 31, 2008). • Have integrated more than 20 large portfolios in 8 years totaling more than 8 billion euros of liabilities. • Are experienced in managing a wide range of international classes of business (marine, aviation, transportation, accident and health, D&O, medical malpractice, asbestos, etc.). • Focused on commutations enabled us to bring 1 billion euros of liabilities to finality in three years, doubling the reduction of the natural attrition rate of our reserves. • Have teams located in Belgium, Bermuda, France, Germany, Switzerland, the United Kingdom and the USA. • Are specialists in proactive legacy business management. They are experts in negotiation, claims management, litigation, corporate finance, actuarial analysis, asset-liability management and (re)insurance regulation. Background to the Legacy Business When an insurance or reinsurance company puts a portfolio "into run-off" it stops underwriting a specific line of insurance or reinsurance business. It generally makes this move when the company decides, after a strategic review, to focus on core activities or to exit business segments with low profitability or low growth. Legacy business is also sometimes called run-off or discontinued business. AXA LM at a Glance AXA Liabilities Managers provides its employees with a working environment where performance is recognized and where personal responsibility and accountability are encouraged. They are a human-size entrepreneurial company, with working relationships are based on openness and respect. They are a truly international company who leverage a local presence to have more impact on a global basis. This means their employees work in a matrix structure, have regular exchanges with colleagues from other countries and participate in transnational projects. When AXA LM launched their Ambition 2012 in March 2008 it was identified that they needed to make the organisation more effective, not only to achieve the targets set by the AXA Group but also to be in a position to develop externally. In 2009, AXA LM UK announced that 2010 would see the introduction of the new Global Operations Shared Service Centre (GSSC) and a new structure within Global Operations. The GSSC will be based in Ipswich, will be responsible for managing certain core business processes and will be the key driver for improved productivity and greater efficiency. The Global Operation teams will be responsible for portfolio action plans, management of major claims and disputes, negotiation of commutations, audits, legal procedures and management of 'key' accounts. These changes will allow AXA LM to strategically align their goals, enhance the One AXA LM culture and improve operational efficiency. Background to the Roles In October 2009, Axa launched a change project resulting in a reorganisation and restructure of their operating model including the decision to move functions currently being carried out in London to the Ipswich operation which has created many new opportunities for existing employees and a need to recruit additional talent into AXA LM UK. The following opportunities have arisen within the GSSC: Assistant Accountant A varied role has become available to be involved in the preparation and submission of all financial and management information. This will include preparation and submission of statutory accounts and annual FSA returns, budgets, forecasts, and quarterly reporting. You will also be involved in variance analysis, the preparation and submission of quarterly VAT returns and control data within the general ledger and perform quarterly reconciliation of general ledger accounts. Candidates will be part qualified with good accounting knowledge and strong analytical skills. Full study support and opportunities for progression are available. Transactional Claims Analysts This is an exceptional opportunity for experienced claims candidates to secure a demanding process driven claims role, dealing with high volumes of transactional based claims. Previous experience of working in a similar, large commercial based insurance and reinsurance role is essential, and due to a proportion of the work load, German language skills would be advantageous, but not a definite requirement. Technical Claims Adjusters As part of a high profile and demanding team this newly created position requires someone who can add value immediately. The main purpose of this role is to set reserves and manage all aspects of the claims, and to manage a personal allocation of large losses and complex claims. You will handle a variety of reinsurance and insurance claims, both Marine and Non-Marine and proven experience and knowledge in this area is essential. The relocation of the London office means the structure of the Finance team will also be changing and, as a result, the following roles have arisen:- Senior Controller An exciting new senior finance role, this position reports into the Group Controller and is responsible for a team of four. Managing the transactional and treasury teams you will also being responsible for the group's management and financial reporting, this will include; Budgets, Forecasting, Financial Planning and Statutory Accounts. This role requires a hands-on commercial accountant with strong team management experience. You will have strong communication and influencing skills with a proven track record and hard working approach. Senior Business Analyst This newly created senior projects role will provide support as part of a small team to the groups IT and Management Information functions. This broad role will focus on project implantation, reporting and analysis along side resolving IT and system issues on a global basis. The position requires an experienced Project Manager, ideally Prince2 qualified with strong business and analytical skills. You will also have advanced excel skills with knowledge of ODBC and SQL. Accounts Payable An experienced Assistant Accountant is required to join their team for a busy, varied role which offers the opportunity to develop your broader accounting knowledge. The role involves exposure to purchase ledger, expenses, reconciliations, fixed assets, general and nominal ledger alongside ad hoc treasury work. The successful candidate will have gained experience in an all round accounting role and have developed a good understanding of accounts processing for company payments and receipts. Full study support is available and there are excellent opportunities for progression. In addition to the above vacancies and due to the forthcoming changes within AXA LM UK comes the need for additional resource within the Business Support team. How to apply If you wish to apply for any of these positions above please email your current CV with a covering note indicating which position you are applying for to Paul Sheldrake (for Claim/Reinsurance Roles) paul.sheldrake@prs.uk.com and Scott Woodrow (for Finance Roles) scott.woodrow@prs.uk.com We also seek applicants with language skills, in particular those with German (advanced level/business). Further information about AXA LM can be found at www.axa-lm.com Currently there are no articles available for Pure Resourcing Services. |
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