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