AXA Group, Paris & Zurich

The Axa Group is one of the world's largest international insurance groups and asset managers. Focusing on Western Europe, North America and the Asia-Pacific region, Axa manages assets of €1.36 trillion (as of the end of 2015)

Industry:                             Insurance, Asset Management
Turn Over:                          100 Mia. €
Employees:           90‘000
Geographic Spread:    Global

Program Manager ‘Investment Accounting & Controlling Program’

Director

January 2007 - May 2010

Set-up and management of a Europe-wide program (budget >60 m€, 60 employees) to standardize business processes, IT systems, data and the operating model in Investment Accounting & Controlling.

  • Analysis of the current situation in the European units of the insurance group

  • Development of the vision and achieving its acceptance at the group headquarters and in the European insurance companies; regular coordination with the senior management (Chief Financial Officers, Chief Investment Officers)

  • Definition of future business processes, technical target architecture, system design (business blueprint) and target operating model for the shared investment accounting platform; development of a concept for the creation of shared service centers

  • Evaluation of software provider (SAP) and implementation partner

  • Development of the business case, approved by the Group Management Board

  • Successful implementation of a first release of a standardized European investment accounting platform (based on SAP-FAM) in Spain, Italy, Portugal and Switzerland

  • Project initiation to implement the target solution (IT and operational organization) for all European insurance companies based on SAP-FAM and SAP-BW with the establishment of a Center of Excellence in Paris and a Shared Service Center in India. Leading the project until the completion of the 'Detailed Design' phase

Special events / successes

  • Successful initiation and implementation of a business transformation with Europe-wide increase of efficiency in Investment Accounting & Controlling (Business & IT)

  • Successful implementation of the central IT platform (based on SAP-FAM)

  • Frequency of consolidated view of gains/losses of financial assets and their impact on balance sheet and equity increased from quarterly to daily, allowing the Group to massively improve risk and financial management