Analyst, Credit Control & Premium Accounting

Analyst, Credit Control and Premium Accounting

Bengalulru, Karnataka, India

This is an analyst role which requires extensive experience of Premium Collection processes and in-depth understanding of the Global Insurance practices and London market slip presentations.

What you’ll be DOING

What will your essential responsibilities include?

• Assume responsibility for day-to-day operations between AXA XL and a designated broker including monthly reconciliations, query management and escalation of material, overdue premiums.
• Account reconciliations and resolution of issues in coordination with internal parties.
• Internal accounts analysis & reconciliations with maintenance of their records.
• Daily email communication with internal and external parties which includes reminders and follow-up with various departments.
• Perform periodic reviews of aged premium falling below full-service value thresholds.
• Work with high volumes and maintain the turnaround time.
• Drive process automation and standardization of various process tasks.
• Ensure competence across all accounting platforms (theFRAME and GENIUS) and utilized by the collection Premium Collections. Ensure full compliance with FIC controls.
• Provide clear, concise commentary evidencing actions performed for monthly reporting packs and at scheduled debt reviews to be performed by line manager.
• Ad hoc reports or projects.

You will report to Deputy Manager.

What you will BRING

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

Required Skills and Abilities:

• Exposure to credit control with hands on experience of Credit Control and Premium accounting tasks.
• Extensive experience of Premium Collection processes and in-depth understanding of the Global Insurance practices and London market slip presentations.
• Exposure of working with both internal and external stakeholders.
• Well versed with GENIUS systems.
• Ability to work independently in a fast-paced multi-cultural environment.
• Good communication & interpersonal skills.
• Consistently deliver work of a high standard within agreed timescales to meet tight deadlines.
• Graduate/ Post-graduate in commerce is mandatory.

Desired Skills and Abilities:

• Exposure to accounting/ insurance at education or during previous job is preferred
• Effective problem solving and analytical skills
• Analytical mindset, structured work approach and high levels of attention to detail
• Excellent IT skills (MS Excel & MS Access).

Who WE are

What we OFFER

• 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

• 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.