Senior Financial Analyst - 348225

at Chubb in Wilmington, Delaware, United States

Job Description

Chubbis the worlds largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

The Chubb Global Services (CGS) group focuses on providing superior clients services to Chubbs multinational business for the entire suite of Chubb products. The CGS Finance group has overarching responsibility for global money movement, billing and collections of reinsurance and deductibles, reporting and overall multinational guidance and strategy.

Reporting Relationship:

The role will report to Chubb Global Services Manager of Financial Reporting with the understanding that the individual will be required to communicate directly with internal management and other interdepartmental groups such as Chubb Home Office Finance to resolve issues and provide ad hoc support when requested.

Key Responsibilities:

  • Prepare and assist in the managing of subledger and related general ledger balances, including in depth account reconciliations for assumed and ceded business. Work with international accounting staff to reconcile internal reinsurance bordereau business byanalyzingpremium, loss and brokerage balances submitted by internationalaffiliated entities.
  • Analyze and resolve any intercompany out of balances with Chubb international entities.
  • Prepare and record monthly and quarterly journal entry transactions efficiently and accurately to enable reporting units to deliver timely, complete, and accurate financial reports.
  • Work with the team to identify issues, design modifications, and implement/execute project plans to improve financial groups processes and procedures.
  • Research and drive timely resolutions of accounting issues.
  • Analyze monthly GL accounting package, by reviewing and verifying accuracy of data to ensure proper accounting procedures are being followed.
  • Provide accurate and timely responses to both internal and external audit teams.
  • Ensure good internal controls are implemented, documented, and periodically tested.
  • Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
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Job Posting: 1017965

Posted On: Aug 10, 2022

Updated On: Sep 09, 2022