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Senior Contract Analyst in Philadelphia, PA at Chubb Group of Insurance Companies

Date Posted: 9/11/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    510 Walnut Street
    Philadelphia, PA
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    9/11/2018

Job Description

JOB SUMMARY:

Responsibilities include: implementation of reinsurance treaty agreements protecting Chubb business units, analyzing Chubb treaty reinsurance agreements, identifying terms and conditions, analysis of premium/commission registration, and other attachment criteria at an advanced level.  The Reinsurance Treaty Contract Analyst will report to the Treaty Contract Manager in Reinsurance Services. The candidate will interact with a diverse group of internal & external personnel including Divisional Financial Officers, senior underwriters, Ceded Reinsurance buyers and brokers and Senior Management. 

DUTIES AND RESPONSIBILITIES:

  1. Interpret and implement treaty reinsurance agreements supporting various Chubb business units.
  2. Complete data analysis and reconciliations for quality control of claims attachment and premium registration.  
  3. Maintain established measures of business performance in evaluating and controlling monthly production, premium registration by statutory company and line of business. 
  4. Partner with Senior Leadership teams to prepare & evaluate cede premium allocation to accurately impact business unit financial results. 
  5. Communicate and resolve issues with Underwriting organization, Finance, and reinsurance intermediary impacting efficient execution of ceded reinsurance programs. 
  6. Assists in the planning and implementation of special projects and performs other duties and tasks in order to meet company objectives within established time frames.

MINIMUM QUALIFICATIONS:

  1. Successful completion of college level curriculum with a concentration in Risk Management, Finance, Accounting or Mathematics.
  2. Excellent technical skills.  Advanced knowledge of Microsoft Excel.  
  3. Proven ability to analyze and interpret insurance and reinsurance contracts at an advanced level as evidenced by experience in an insurance or reinsurance environment.   
  4. Strong knowledge of reinsurance operations and industry practices.  
  5. Superior organizational skills, result orientation, and attention to detail. 
  6. Proven ability to work independently, self-motivate, and develop viable solutions.  Must be able to set high standards for self-performance and meet them. 
  7. Superior oral, written and interpersonal communication skills.  Must possess ability to express ideas effectively, and produce written documents that have appropriate organization, structure, and correct grammar. 
  8. Proactive work ethic – ability to think ahead and proactively address situations and opportunities as they arise; this will be reflected through actions and ability to act decisively and boldly.

Desired Qualifications

Successful completion of industry professional designations – CPCU or ARe preferable.