Finance Manager - North America Expense Management 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.

This position will generally report to the Senior Manager, North America Expense Management and be responsible for monthly/quarterly expense analysis and reporting, reconciling, and managing expense accruals in addition to the annual expense budget process and analyzing employee position level data.  Responsibilities will also include monthly journal entry approval, analysis of results, and coordination with various divisions within Chubb.  This candidate will work closely with various finance units, including the North America Segment Finance, Division Finance Officers, Global Support Unit functions, and financial systems departments.  Additionally, this candidate will have an opportunity to interact with a diverse group of internal personnel, including other financial professionals, human resources, technology experts, and functional staff. 

 

The successful candidate will receive competitive compensation, the challenge of working across many departments, a vast variety of experiences and the opportunity to work for a company that is the world recognized leader in the insurance industry. We offer an opportunity to learn about both the organization and the industry while applying accounting and finance concepts and theories. 

 

Key Responsibilities

 

• Oversee the North America Expense Management process, including direct management of one employee


• Perform month-to-date and quarter-to-date analysis of expenses vs. plan and prior year on a pre-allocated and post-allocated basis


• Manage expense accrual process, including Incentive Compensation accruals, facilitating/evaluating accrual needs for business and support units, and ownership of accrual account reconciliations


• Coordinate annual expense budget process, including working with Expense Planning and Work Force Planning TM1 instances


• Maintain employee position level information including analysis of movement in headcount and salary data on a bi-weekly basis

Competencies

 

• Strong problem solving and creative skills as well as the ability to exercise sound judgment and make decisions based on accurate and timely analyses


• High level of integrity and dependability with a strong sense of urgency and results-orientation.


• Mastery of end user applications (e.g., Microsoft products such as Excel, PowerPoint, Word, and Access) and proficiency in Cognos and TM1

Required Personal Skills:

 

• Strong communication and interpersonal skills


• Strong leadership skills


• Ability to multi-task and prioritize deadlines


• Strong organizational skills and proven ability to work independently


• Ability to identify priorities and manage time efficiently


• Ability to work effectively and influence with all levels throughout a large organization


• Enthusiastic self-starter


• Critical thinking skills


• Demonstration of strong integrity and dedication

Education and Experience

 

• Bachelor’s degree in Business with a major in Accounting or Finance


• Minimum of 5 years of accounting or financial reporting experience


• Comprehensive experience in finance and a strong working knowledge of financial systems is preferred


• Insurance experience, preferably experience working with a commercial P&C, Life, or A&H carrier


• Public Accounting experience and CPA designation preferred
  
   

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.