COG Co-op - Global Treaty Financial Operations

Job Description

An outstanding opportunity exists for a student seeking to gain marketable financial skills and experience in the exciting area of International Finance.

Job Duties include:

• Support analysis of general ledger account balances with third party reinsurers and brokers, including rendering financial statements, applying / paying cash, and processing accounting adjustments.
• Adjust claim financials for third party reinsurance recoveries; communicate with other Chubb business units as needed to ensure correct financial position.
• Calculate and communicate third party and internal reinsurance recoveries on large loss notices considering both contract details and multiple currencies.
• Draft, proofread, and communicate large loss notifications to third party brokers and reinsurers.
• Various other responsibilities to accomplish objectives of the role including preparing journal vouchers, providing data and accounting support in the analysis of Divisional Reinsurance Recoverables, creating contract profiles in third party ledger system, and participating in special projects as required.

Qualifications

• Detail oriented with strong organizational skills
• Excellent analytical and problem solving skills
• Strong verbal and communication skills
• Proficiency in Excel and Access
• 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.