STAGE Reporting/Consolidation

Location 75-PARIS, France
Experience level Internships
Job details sector Finance, Control and Strategy
Apply before 12/31/2017

PBRC is the department dedicated to analyzing, commenting and reporting the financial information that is delivered to Group Management and to external parties (mostly shareholders, analysts, auditors and supervisors). PBRC is the owner of all major Finance processes at Group level and responsible for the production, the analysis and the monitoring of IFRS actual accounts, budget, forecast reporting analyses and the Group annual report, and the new reporting under Solvency 2. As a result, PBRC is also in charge of reassessing the relevance and content of the various indicators, adjusting them when appropriate in a cost efficient manner and is also in charge of leading the PBR family in doing so.

 

Role and Responsibilities:

In the context of the Solvency 2 insurance regulation, insurance entities have to produce a specific reporting to regulators, named “Pillar 3”. This reporting specifically requires the production of detailed templates regarding Solvency 2 information (balance sheet, detail or premium, claims), assets held by insurance companies, technical provisions. AXA Group is in charge of the production of the consolidated Solvency 2 Pillar 3 reporting, which has to be sent to the French regulator each quarter.

Within the Group’s Financial Controlling team, a young, dynamic and international team, you will be in charge of assisting the team in different missions of production, control and analysis of financial and accounting documents for the publication of the Solvency 2 Pillar 3 consolidated reporting and for the production of internal reporting synthesis at group level.

 

 

 

 

 

 

 

Main activities:

 

In association with the members of the team, you will actively participate in the following tasks:

 

§  Participate to the quarterly / annual Solvency 2 Pillar 3 process:

 

o    Prepare work files for the analysis and the controls of the reporting, using Magnitude (Group’s consolidation tool) and Excel. These analyses can be related to various topics related to Solvency 2: Balance Sheet, detail of assets, Technical Provisions …

o    Participate to the daily process of sending / receiving questions to the entities of the group

o    Analyse some dedicated parts of the Solvency 2 reporting, in coordination with other departments and entities

o    Interact with entities on a dedicated scope quantitative reporting templates

o    Interact with other departments on the Group (Risk Management, Investment accounting teams …)

o    Update when necessary the documentation related to the reporting

 

§  Help consolidation team members to answer the various ad-hoc demands of the Management and other departments of the Group

 

§  Support the IFRS consolidation team on ad hoc requests


Expected skills:

 

§  Good knowledge of office tools (Excel, Word, PowerPoint)

§  Fluent English is mandatory (written and spoken), French is a plus,

§  Basic knowledge of the IFRS

§  Basic knowledge of financial instruments

 

Education:

 

§  Second or third year at the university, engineering school or business school

§  Autonomy and initiative spirit

§  Good inter-personal skills and team spirit

§  Good organization and rigor

§  Capacity of adaptation and reactivity

 



Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life? Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things.

In a fast-evolving world and with a presence in 64 countries, our 165,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 107 million customers.

 


The headquarters of the AXA Group, based in Paris 8th, brings together the Group's corporate activities. It coordinates the various entities with the Group's strategy, and is responsible for managing international projects. The headquarters has approximately 800 employees and is distinguished by its strong international culture (39 nationalities).

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