CChubb logo

Chubb

Insurance · 278 people

Financial Analyst

Posted 16 Oct

What’s this role about? Prepare and post journal entries, reconcile accounts, analyze quarterly GAAP and statutory fluctuations, and support internal and external financial reporting. Verify financial statement accuracy, assist with audits and special projects, and identify opportunities to improve accounting processes.

Chicago, Illinois
On-site
$69K – $101K
Full-time
2-5 years exp
Bachelor degree

Skills required

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Company

About Chubb Chubb is a world leader in insurance. With operations in 54 countries and territories, 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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 40,000 people worldwide. Additional information can be found at: www.chubb.com. Chubb Life Hong Kong is the international life insurance division of Chubb, establishing its presence in Hong Kong since 1976. To meet the financial protection and wealth management needs of its broad range of customers, Chubb Life in Hong Kong (Chubb Life Insurance Hong Kong Limited) offers a range of life protection, savings, accident and health insurance solutions through agents and brokers. The company has been a recipient of various awards for marketing, product innovation and commitment in corporate social responsibility. 安達為全球領先的保險公司,業務遍及54個國家及地區。安達為不同行業的客戶提供商業及個人財產和責任保險、個人意外及醫療輔助保險、再保險及人壽保險等。公司的優越之處在於其多元化的產品及服務範圍、廣大的分銷能力、超卓的財務實力、出眾的理賠專業知識及營運業務遍佈全球各地。總公司安達有限公司於紐約證券交易所上市(紐約證券交易所:CB),為標準普爾500指數的成份公司。安達於蘇黎世、紐約、倫敦及其他地方設有行政辦公室,全球僱員人數約40,000名。 安達人壽是安達旗下負責國際人壽保險的分部。於亞洲,安達人壽的業務分佈在香港特別行政區、印尼、韓國、緬甸、台灣、泰國及越南等市場,並在中國設有合資企業。安達人壽自1976年踏足香港,並於2015年在香港特區開展環球財富管理業務。為滿足廣泛客戶的財務保障及財富管理需求,安達人壽香港(安達人壽保險有限公司)透過保險代理團隊及保險經紀提供一系列的人壽、儲蓄、意外和醫療保險方案。

Chubb

Life InsuranceSavings InsuranceAccident & Health InsuranceMedical InsuranceInvestment InsuranceEducation InsuranceRetirement PlanningWealth Management Solutionsand Commercial Insurance
CChubb logo
1,001-5,000 employees
Insurance
Privately Held

Responsibilities

  • The Financial Analyst – Combined is a pivotal team member of the Finance unit.
  • The Financial Analyst will interact with a diverse group of internal personnel
  • including other accounting team members, and Financial Planning and Analysis
  • personnel and/or functional staff to interpret financial data and operational
  • performance, as well as reporting financial data to external insurance agencies.
  • Responsible for coordination of monthly interface posting and correction of
  • any errors booked to suspense in addition to researching cause of errors and
  • solutioning
  • Prepare and post monthly journal entries from multiple sources within and
  • outside of the team; effective communication to journal entry requesters is

Qualification

Finance & AccountingData & Analytics
  • Prepare quarterly reconciliations including but not limited to, DAC, VOBA,
  • and Future Policy Benefit Reserves, for review and sign-off
  • Research and provide explanations for quarterly GAAP flux analysis for items
  • that are outside predetermined thresholds
  • Work with the Chubb shared service team responsible for Statutory reporting
  • to research and provide explanations, where applicable, for quarterly STAT
  • flux analysis
  • Complete quarterly schedules for the Internal Reporting Process (“IRP”) which
  • requires coordination with sources across the organization and explanations
  • where applicable
  • Research and complete various account reconciliations in Blackline tool with
  • proper classifications of balances and aging
  • Verifying the accuracy of the financial statements by reviewing the general
  • ledger and back-end system processing along with creating efficiencies to our
  • processes
  • Analyze current financial processes and identify opportunities for improving
  • accounting processes and participate in continuous improvement initiatives.
  • Continue to support departmental initiatives and play an active role in
  • completing special projects as identified by management
  • Assist with internal and external audits, providing necessary documentation
  • and explanations as required.
  • Develop relationships with colleagues/interested parties within and outside
  • the organization
  • 3-4 years of accounting experience; insurance industry experience a plus
  • Strong understanding of accounting principles including knowledge of GAAP
  • Strong computer skills with an ability to learn accounting and insurance
  • financial reporting for Life and A&H companies
  • CPA or pursuing CPA certification a plus but not required
  • Demonstrates integrity and dedication
  • The pay range for the role is  $69,000 to  $101,000. The specific offer will
  • depend on an applicant’s skills and other factors. This role may also be
  • eligible to participate in a discretionary annual incentive program.  Chubb
  • offers a comprehensive benefits package, more details on which can be found on
  • our careers website
  • The disclosed pay range estimate may be adjusted for the applicable geographic
  • differential for the location in which the position is filled."

Benefits

  • As a Chubb corporate employee, you have access to one of the most comprehensive
  • benefit plans in the business, designed to meet your needs and help you reach
  • your financial goals. More details can be found here
  • Chubb is committed to supporting its employees with a comprehensive compensation
  • package that is appropriate in the market where they work. Below are several of
  • Health insurance
  • Dental insurance
  • Tuition reimbursement
  • A company-match 401(k) plan
  • Disability insurance
  • Life insurance
  • Employee referral bonuses
  • Combined Insurance Company of America (Chubb Benefits) is a leading provider of
  • supplemental accident, health, disability, and life insurance products in the
  • U.S. and Canada. Headquartered in Chicago with a tradition of more than 100
  • years of success, we are committed to making the world of supplemental insurance
  • easy to understand. The company has an A+ rating by the Better Business Bureau
  • and an A + (Superior) financial strength rating by AM Best.
  • Chubb is a world leader in insurance. 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.
  • 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
  • Connect with us on Twitter [https://twitter.com/CombinedNA], Facebook
  • [https://www.facebook.com/CombinedNA/], LinkedIn
  • [https://www.linkedin.com/company/combinedna], and Instagram
  • [https://www.instagram.com/combinednorthamerica/]

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