Financial Analyst (FCU)
/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./
*RELATIONSHIP & SCOPE*
The position will report to the Manager of the Financial Controls Unit and is a pivotal team member of the unit. This position will provide support to various Chubb business units regarding assessment and performance of key control objectives designed as part of Sarbanes Oxley compliance.
_ABOUT THE FCU_
The FCU team is part of the Finance Shared Services Center (FSSC), a financial reporting department that provides services to a broad spectrum of the Chubb community. This team interacts regularly with other members in the FSSC, key members of Chubb management, Internal Audit and the External Auditors. The FCU team’s primary responsibility is to design and execute quality control testing procedures to ensure management’s compliance with specific key financial controls throughout the finance organization.
_DUTIES & RESPONSIBILITIES_
* Assist in the performance of the various quality control reviews performed by the FCU team. * Premium Registration QC: Perform the quality control reviews to ensure that policy documentation agrees to how the policy and revenue were registered in the source systems. Perform data reconciliations to ensure that the source systems agree to the gross written premium that interfaced with the general ledger. * Journal Entry QC: Perform the quality control reviews to ensure that manual journal entries are processed in compliance with the Company’s journal entry policy. * Account Reconciliations QC: Perform the quality control reviews to ensure compliance with the Company’s account reconciliation policy.
_Successful candidates should be able to:_
* Assist with ensuring the SOX Control Narratives are updated to reflect the current scope and nature of the control. * Serve as a liaison for the internal and external auditors for sample selections and data requests. * Continuously enhance the QC and documentation of reviews in order to minimize questions from both Internal and External Audit. * Assist with resolving exceptions identified during QC testing. * Resolve exceptions within an appropriate timeframe after the QC review and secure the required information. * Ensure timely completion of QC testing to ensure the department is meeting monthly due dates. * Ensure quality of the files including appropriate reviews conducted by the responsible manager before submission to FCU management. * Identify areas requiring improvement, assess scope and resources necessary to make improvements and follow through by executing on improvement plans. * Advise management on the emergence and progress of deliverables, as well as the appearance of issues or obstacles. * Demonstrate agility by managing and prioritizing workload in order to meet department and client expectations.
Bachelor’s degree required; Accounting concentration strongly preferred
Insurance industry experience beneficial, but not necessary
Public Accounting experience and/or internal audit experience is preferred
0-2 years of work experience
CPA designation a plus
Strong analytical skills with an attention to detail
Mastery of end user applications (e.g., Microsoft products such as Excel/Word/Access). Database query skills are a significant differentiator
Proven problem solving skills
Ability to work effectively across organizational areas and levels
*Required Personal Skills:*
* Team player with customer service orientation * Professional attitude, appearance and demeanor * Strong time management and organization skills * Strong verbal and written communication skills * Enthusiastic self-starter * Demonstrated integrity and dedication
/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./
Financial Analyst (FCU)