Co-op Global Treaty Finance Operations - OneTenCoalition
Philadelphia, PA
About the Job
JOB DESCRIPTION
Summary: Global Treaty Affiliate Operations team manage $4 billion in revenue of internal reinsurance. The Co-op will assist the team in their collaborations with various colleagues globally in 54 countries supporting the Chubb Overseas General segment.
Duties & Responsibilities:
QUALIFICATIONS
ABOUT US
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 employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
Summary: Global Treaty Affiliate Operations team manage $4 billion in revenue of internal reinsurance. The Co-op will assist the team in their collaborations with various colleagues globally in 54 countries supporting the Chubb Overseas General segment.
Duties & Responsibilities:
- Assist in the preparation of internal reinsurance settlements, booking of affiliated reinsurance transactions, and maintaining the reconciliation of our 54 countries' subledgers across Europe, Latin America, and Asia Pacific regions.
- Update cash flow forecasts across various currencies for anticipated receipts/payments in support of Treasury
- Prepare and record journal entries in PeopleSoft and compile supporting documentation as required by SOX compliance
- Utilizations of COGNOS to run queries to update monthly schedules for analyses of reinsurance activity
- Assist with monthly and quarterly close by running and updating key schedules to support the team's closing deadlines
QUALIFICATIONS
- Detail oriented with strong organizational skills
- Excellent analytical and problem solving skills
- Strong verbal and communication skills
- Proficiency in MS Office (Excel, Access, Outlook &Word)
- Accounting or Finance major preferred
ABOUT US
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 employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
Source : OneTenCoalition