01/04/2022

Financial Analyst

  • Chubb
  • Philadelphia, PA, United States

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.

Summary:

This position within Corporate Accounting Finance will support the financial reporting and accounting functions of a Bermuda-based multi-national internal reinsurer. The role offers exposure to the entire spectrum of the legal entities’ finance function, ranging from U.S. GAAP and Statutory Reporting to Management Reporting and the opportunity to interface with many disciplines across the Chubb group (Corporate Finance, Actuarial, Capital Management, Asset Management, Treasury, Corporate Tax and Corporate Legal) as well as other Chubb Bermuda based legal entities.

Relationship and Scope:

The Financial Analyst will report to the Financial Reporting Senior Financial Analyst and will be a pivotal team member of the Finance unit. This role includes assisting with the quarterly preparation and analysis of financial statements, developing annual plans, and assisting in and providing clear and accurate reporting to management on a quarterly basis. This role will be required to assist in the annual completion of U.S. GAAP Financial Statements and Regulatory reporting requirements as prescribed by the Bermuda Monetary Authority (including preparation of capital modeling under the Bermuda Solvency II Equivalent Supervisory Regime).

Critical candidate qualities include the ability to take ownership of deliverables and meet deadlines, identify issues and recommend remediation plans, as well as the willingness/desire to continuously build and improve on insurance knowledge.

Duties and responsibilities include, but are not limited to the following:

  • Preparing and analyzing monthly, quarterly and YTD results including compiling metrics and analysis on various components of profit and loss
  • Preparing impactful presentation materials for senior management meetings
  • Proactively identifying opportunities to introduce process improvements and operational efficiencies
  • Responding to various internal and external ad hoc requests
  • Performing routine maintenance on team’s database
  • Completing miscellaneous recurring tasks such as account reconciliations and journal entries
  • Occasional travel, including international


Job Requirements:
  • Bachelor's degree in Accounting or Finance with a minimum of 1-2 years progressive accounting or financial analysis experience at large public company or Big 4 auditing firm, preferably in an insurance/reinsurance company
  • A professional accounting designation (CPA preferred) or pursuing one
  • Experience in Microsoft applications (advanced Excel skills preferred), General Ledger systems (PeopleSoft, SAP) and database tools (e.g., TM1, Cognos)
  • Enthusiastic self-starter with a proven track record of achieving results
  • Genuine aptitude for working in an energetic and entrepreneurial small team environment
  • Excellent verbal and written communication skills

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.


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