Corporate Finance Associate (F/M) - CDI - Paris/Madrid

Corporate Finance Associate (F/M) - CDI - Paris/Madrid

1. JOB PURPOSE

The Corporate Finance team within DCFG, organized in geographic areas, is in charge of two main areas of activities:

Coordinating and executing AXA Group's mergers and acquisitions (M&A) projects, also including review of disposals, greenfield projects, long-term distribution agreements, internal restructurings, etc. 
Coordinating the capital management activities which contribute to the delivery of 14bn cumulated remittance over 2021-2023. Cash generation has been defined as one of the key strategic priorities of the new Driving Progress 2023 plan

The Associate Corporate Finance, attached to an Area Manager, actively contributes to, and gradually takes the responsibility over the execution of M&A transactions and the monitoring of capital management activities, in liaison with the Group legal, financial and operational teams, as well as at times external consultants

2. DIMENSIONS

An M&A transaction contributes to accelerating the transformation strategy of the group (for example, the IPO and subsequent sell-downs of AXA Equitable Holdings that generated total net proceeds of $11bn)
M&A transaction stakeholders are very broad, incl. AXA internal teams (financial planning, legal, tax, operations, IT, etc.), and external consultants (financial, actuarial, tax, legal advisors, etc.). Project teams often surpass 25 individuals across various functions and in different countries

Capital management activities contribute to optimizing the level of capital and remittance of a number of operating entities of AXA Group, including through reinsurance and in-force transactions, organizing the capital allocation meetings and discuss the performance and strategy of the entities in terms of capital management throughout the year

Each Corporate Finance project is specific to the scenario at hand (i.e., acquisition, disposal, reinsurance, etc.) and has its own cultural and people dimension  

Communication of recommendations to DCFG and AXA’s top management, and day-to-day interactions with the entities, including their top management

3. CONTEXT & MAJOR CHALLENGES

This position, often exposed to complex situations and tight deadlines, has the following key challenges: 

Ability to quickly identify issues as they arise and solve them in an optimized manner 
Ability to demonstrate leadership skills and build trust with both internal & external teams with their own sometimes competing priorities, to achieve the common objective
Ability to deliver complex tasks with tight deadlines and to take initiatives
Ability to handle high exposure on sensitive topics
Ability to grasp the technical and structuring requirements of a transaction, including financial, valuation, and operational aspects 
Ability to step back on business plans in a critical manner  
Ability to understand AXA’s markets and competitor dynamics
Ability to communicate effectively and influence 

4. KEY ACCOUNTABILITIES

1. Financial & Strategic Analysis

Analyze AXA operating entities and potential targets and their economic and competitive environment
Preparation and review of business plans, financial analysis and valuation
Evaluation of tactical considerations on transaction structure, and impacts for AXA Group
Feasibility studies, analyses and implementation of structures to improve use of capital and balance sheet optimization

2. Project Management

Organize the capital allocation meetings on a biannual basis
Co-ordinate efforts of various internal stakeholders and external consultants on a given M&A or inforce project
Participate in the drafting / negotiation of contractual documents

3.    Communication

Explain the conclusions of the analysis to facilitate the decision-making process
Draft summary documents adapted to top management 
Explain objectives and constraints in order to achieve the desired outcome

Votre Profil

5. MAIN COMPETENCIES

Good quantitative and analytical skills
Knowledge of corporate finance
Knowledge of insurance as well as major concepts within actuarial science
Knowledge in accounting, taxation, law and regulation
Project management skills including the capability to handle several projects at once
Team spirit 
Ability to interact optimally with stakeholders of different seniority levels 
Synthetic spirit and good communication and presentation skills
Minimum 5 years of experience

A propos d'AXA

Aimeriez-vous vous lever chaque jour motivé(e) par une mission inspirante et travailler en équipe pour permettre de protéger les personnes et leurs proches?

Chez AXA nous avons l’ambition de mener la transformation de notre métier. Nous cherchons des personnes talentueuses ayant une expérience diversifiée, qui pensent différemment, et qui veulent faire partie de cette transformation passionnante en challengeant le statu quo et faire d’AXA – marque globale leader et une des sociétés les plus innovantes dans notre secteur – une entreprise encore plus performante et responsable.

Dans un monde en perpétuelle évolution et avec une présence dans 64 pays, nos 165 000 salariés et distributeurs privilégiés anticipent le changement pour offrir des services et solutions adaptés aux besoins actuels et futurs de nos 107 millions de clients.

A propos de notre entité

The AXA Group, world leader in Financial Protection, supports and advises its individual and corporate customers at every life stage, providing them with the products and services that meet their insurance, personal protection, savings and wealth management needs. 

Our areas of expertise are reflected in a range of products and services adapted to the needs of each client in three major business lines: property-casualty insurance, life & savings, and asset management.

In 2021, present in 54 countries, the 153,000 employees and distributors of AXA were committed to serving 105 million clients. 

AXA Corporate Center’s main missions are to:

Steer the entities in order to ensure the coherence of the strategies, the consistency of the commercial approaches as well as the optimization of the risks and results;
Defining and coordinating Group policies, different transversal projects and standards, identifying and sharing best practices;
Supporting the entities in order to help them to grow, to develop their offer, their management and steering standards as well as their risk management.

The head office of AXA Group (GIE AXA), based in Paris La Défense, Madrid and Winterthur, gathers the Group's corporate activities. It coordinates the various entities according to the Group's strategy and is responsible for managing international projects. The headquarters is composed with over 1000 employees and is distinguished by its strong international culture (45 nationalities).  

Pourquoi nous rejoindre ?

We provide you regular career opportunities in international teams. If you want to join us, don’t hesitate to apply !

Information provided by applicants will be processed in strict confidentiality and may be used exclusively for recruitment processes.

Job Summary

Job number: 220006Z1
Date posted : 2023-02-16
Profession: Finance, Control and Strategy
Employment type: Full time