Financial Analyst, Corporate Segment at Chubb in Philadelphia, Pennsylvania

Job Description:

Chubb is the world's 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.

RELATIONSHIP AND SCOPE

The Financial Analyst will support various aspects of accounting, financial reporting & analysis. This candidate will interact with a diverse group of internal personnel, including other financial professionals, corporate and functional colleagues to help interpret financial data and operational performance.

MAJOR DUTIES & RESPONSIBILITIES:

Responsible for the day-to-day operations of the Chubb Corporate Expense Management accounting function:

Reporting

• Prepare and process required expense journals using proper coding and in accordance with published Chubb Journal voucher policies maintaining proper support, processing control logs and reconciliations.


• Prepare monthly, quarterly and year to date expense exhibits providing expense data, analyses and comparisons to plan, prior and forecasts in support of the monthly/quarterly reporting package provided to management. 


• Ensure all actual, plan and forecast data reconciles to the published P&L documents.


• Assist on review, analysis, reconciliation, and settlement of intercompany due to/from balances for Limited and Global operations.


• Prepare reconciliations and research out-of-balances by running queries, analyzing PeopleSoft accounts, and communicating with business contacts.

Plan and Forecasts

• Assist in the Annual Expense Planning / Quarterly Forecasting processes by providing support and process knowledge, meeting all deadlines. 


• Develop and maintain necessary models and supporting exhibits within the appropriate organizational structure and control the updating of this data as required.   


• Develop appropriate exhibits as requested to assist management in understanding all plan and forecast trends. 

General

• Support specific projects and overall deliverables of the Corporate Accounting & Finance group.


• Enhance the effectiveness of the Finance/Expense Management operation by identifying and implementing process improvements relative to existing responsibilities.

Required:

• Bachelor degree in Business, major in accounting or finance


• One – Three years relevant work experience


• Functional understanding of internal control processes


• Knowledge of Microsoft products such as Excel/Word


• Ability to manage multiple projects and priorities simultaneously


• Verbal and written communications skills


• Team player that can build collaborative working relationships across various operational / functional areas


• Enthusiastic self-starter


• Demonstrated integrity and dedication

Desired:

• Hands on experience with PeopleSoft or other general ledger applications


• Knowledge of TM-1


• Experience with financial expense analysis


• Exposure to financial system processes


• Insurance industry experience

Chubb strives to offer a diverse and inclusive and rewarding work environment.  Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills.  We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.

Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. 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, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran or marital status, or any other characteristic protected by law.