Reinsurance Specialist

AXA XL is an Equal Opportunity Employer. Ceded Reinsurance is a strategic function within AXA XL in charge of defining and implementing the reinsurance strategy as well as administrating all reinsurance treaties through their lifecycle. Ceded Re is part of the AXA XL Risk Management function, with the AXA XL Chief Risk Officer being a member of the AXA XL Leadership team. The Ceded Re Operations team is responsible for the administration of all Treaty Reinsurance business written within AXA XL, composed of 4 key areas: Technical Operations, Technical Accounting, Data & Operations Reporting, and Central Operations.

This role resides within the Ceded Reinsurance Specialty Technical Operations team based in London, which is responsible for global specialty reinsurance policy set-up for Property & Aviation tower and administration of Ceded Reinsurance issued to brokers.

What you’ll be doing:

• The individual will oversee and manage the life cycle of Treaty, including but not limited to the following classes: Construction, Parametric Property, Property CAT.
• Manage and operate Ceded reinsurance in 3 operating system tools.
• Partner with intermediaries to manage sanction-related issues.
• Maintain close relations with internal customers and colleagues in Claims, Underwriting, Finance, Actuarial, and Legal.
• Work within Ceded Re and across departments to review and improve the Sanction review process.
• Support the Ceded Re transformation journey, actively participating in projects aimed at driving efficiency.
• Oversee any cash calls to issue as per contractual provisions and ensure all contractual reporting requirements are met.
• Work closely with the Technical Accounting team to support the credit control process and improve cash flow.
• Attend regular meetings with Ceded Placement Officers to understand new placements and how ceded can be applied.
• Provide review and sign-off of new policy set up by ESS Shared Services in core systems.

Environment And Challenges:

Ceded Re Operations team oversees accurate records of ceded reinsurance transactions (Treaties, Facs, and Captives) across AXA XL BUs (UK & Lloyds, Americas, APAC & Europe) and is accountable for Treaties representing $7.4 Bn of ceded premiums in 2025 (approximately 70 treaties) corresponding to approximately 700 contracts set up yearly in the 3 operating tools; 80k bordereaux issued per year; 1.2K statements issued per quarter for QS treaties; 40K claims movements reviewed per month (Genius); Large loss reporting to senior management for Ceded input.

Team Engagement:

Work closely with our shared services India team, including monitoring, review, and training on reinsurance treaty matters. Exposure within AXA XL includes working with our Inward processing Middle office area for specific RI matters such as Facultative, claim management with brokers & reinsurers for any queries arising, liaising with Legal for matters arising from claims and sanctions, and building relationships with internal claims adjusters.

What you’ll bring:

• Experience with multiple lines of business in a Reinsurance environment.
• Advanced command of MS Office, particularly advanced Excel skills.
• Ability to liaise with key stakeholders internally and externally.
• Good collaborator, able to work effectively with stakeholders at all levels.
• Excellent time management and organisation skills.
• Agility and ability to work on several topics simultaneously.
• Experience working with a virtual team.
• Excellent verbal and written communication skills.
• Able to work to tight deadlines.
• Good eye for detail and process.
• Comfortable in giving training to the team where required.
• Ability to travel to other AXA XL offices for meetings and training.

What we offer:

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. We have made a strategic commitment to attract, develop, advance, and retain the most inclusive workforce possible.

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.

Sustainability:

At AXA XL, Sustainability is integral to our business strategy. Our 2023-26 Sustainability strategy focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Who we are:

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. We provide re/insurance and reinvent it by combining a comprehensive capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace.