Senior COG Reinsurance Billing Analyst

Chubb•Philadelphia, PA

About The Position

The Senior COG Reinsurance Billing Analyst owns excess of loss (XOL) billing and complex quota share (QS) billing production for assigned programs within the Billing tower. Reporting to the COG Reinsurance Billing Lead, this role operates with minimal day-to-day oversight and exercises independent judgment on complex calculation and billing processes. The role works with reconciled data and contract wording to calculate and register reserve, loss, and premium adjustments, and prepares billing statements and adjusting entries to ensure correct P&L for reporting and billing. It also manages XOL statements, complex QS bordereau, monthly analysis of material assumed incurred loss movements, and billing disputes and queries. The analyst supports and trains Billing Analysts and Co-Ops, serves as rotating backup for the Tower Lead, and leads process improvements for assigned programs. Chubb is a global insurance company operating in 54 countries and providing commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance. Chubb states its commitment to equal employment opportunity and compliance with applicable laws, and prohibits unlawful discrimination, harassment, and retaliation.

Requirements

Bachelor's degree in finance, accounting, data analytics, or a related field.
3–5 years of experience in reinsurance, finance, or data analytics.
Strong communication skills and ability to work across business and technology teams.
Experience working with large, complex datasets, including cleansing, transforming, and reconciling data from multiple source systems.
Proficiency in Excel and Alteryx workflow development.
Curiosity and initiative in exploring emerging technologies, including AI-assisted tools, to improve the efficiency and accuracy of recurring analytical work.

Nice To Haves

Experience with Sapiens, PCW, or R360 reinsurance systems.
Familiarity with SQL and data visualization tools such as Power BI or Qliksense.

Responsibilities

Calculate and register reserve, loss, and premium adjustments using reconciled data and appropriate contract wording.
Prepare billing statements and adjusting entries to ensure correct P&L for reporting and billing purposes.
Prepare and distribute XOL billings within contractual timeframes.
Coordinate with regional reinsurance and finance teams on shared programs, and serve as a key contact for certain strategic reinsurers requiring advanced reporting and query resolution.
Generate QS bordereau for complex programs.
Perform the first review of QS bordereau outputs produced by Billing Analysts for accuracy before manager review.
Own monthly analysis of material assumed incurred loss movements in excess by treaty and Business Unit to identify and action large claim movements.
Resolve broker and reinsurer billing disputes and queries, providing timely responses.
Train and support Billing Analysts and Co-Ops.
Act as Tower Lead backup on a rotating basis.
Lead process improvement initiatives within assigned programs, identifying opportunities to standardize or automate recurring billing tasks.