VP, Technical Accounting Advisory & Transaction Support at ACE Group in Philadelphia, Pennsylvania

Job Description:

VP, Technical Accounting Advisory & Transaction Support

SUMMARY

Critical position within Corporate Accounting and Finance.  Key responsibilities focus on US GAAP accounting policy analysis, accounting for both long- and short-duration insurance products with specific focus on long-duration, business combination accounting support for Business Development, and other special projects such as implementation of new FASB and IFRS pronouncements, Solvency II, Insurance Group regulatory initiatives, etc.

RELATIONSHIP AND SCOPE

The Vice President (VP) of Technical Accounting Advisory & Transaction Support will need to interact effectively with different levels of Management across all segments

MAJOR DUTIES & RESPONSIBILITIES 

• Lead projects that will improve efficiency and performance of the Technical Accounting Advisory & Transaction Support group


• Work closely with the Life segment to ensure appropriate documentation and implementation of accounting policies and procedures


• Analyze technical accounting topics and propose conclusions


• Assist with the review and potential field testing of new FASB pronouncements


• Monitor the status, assess the impact to Chubb and assist with the implementation of FASB projects and standards


• Monitor IFRS implementation, Solvency II and Insurance Group regulatory initiatives


• Provide support for M&A transactions


• Assist in the review of quarterly and annual financial statements