Financial Analyst, Global Treaty Reporting & Analytics

Chubb • Philadelphia, PA

1d

About The Position

Opportunity to join a forward thinking, innovative team at Chubb Insurance Group, a world leader in the insurance industry. This position offers the candidate the ability to work on the Financial Reporting and Analytics Team of Chubb Overseas General – Global Treaty Reinsurance Operations, a service provider in the administration of global reinsurance programs with over 50 countries around the world.
The candidate will work directly with a team focused on creative solutions, across many departments, to provide reporting deliverables, financial analytics, and reinsurance transaction analysis, while seeking improvements opportunities to transform current processes and workflows.
Chubb is a world leader in insurance. 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.
At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

Responsibilities

• Collaborate with international teams to oversee intricate reinsurance process flows, offering a chance to interact with diverse cultures.
• Assist with monthly bordereaux generation of 100+ facultative relationships, focusing on payment processing, report generation, and financial reconciliations.
• Support monthly, quarterly, and year-end financial close, providing an opportunity to learn and apply MS applications, Alteryx, PeopleSoft, and Cognos to develop financial statements and improve data reconciliation.
• Contribute to the financial operations of Chubb International Management Corporation, through cashflow monitoring, service fee planning and billing, and financial statement preparation.
• Develop cashflow forecasts and prepare actuals to expected variance commentary for the Global Treaty Unit holding cash of $4B+, working collaboratively with Affiliated Reinsurance, External Recoveries, Investments, Treasury and Asset Management Teams.
• Review and prepare Blackline reconciliations for 20+ accounts across all Global Treaty entities to assess exposure concerns.
• Support Sapiens Roll-out by performing and documenting UAT test scenarios, sharing and discussing findings and concerns, and validating data integrity.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees