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

Date Posted: 10/14/2018

Job Snapshot

Job Description

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. 


The Senior Financial Reporting Analyst will be responsible for managing staff responsible for various aspects of financial reporting & analysis. This candidate will interact with a diverse group of internal personnel, including other financial professionals, divisional leadership, and functional staff to interpret financial data and operational performance.  


  • Responsible for the review of the quarterly and year end statutory financial statements for certain Pool / Quota Share legal entities.  Coordinate the preparation of the Management Review analytics while gaining an understanding of the year end Risk Based Capital (RBC) Report, Crosschecks, and other supplemental statements and filings (i.e. Schedule D, Schedule F, Schedule P, IRIS Test results, and New Your Supplement). 
  • Actively involved in verifying the accuracy of the statutory financial statements by reviewing the applicable legal entity footnotes, general interrogatories, electronic footnotes, and actuarial opinions.
  • Review the Statutory Management Discussion and Analysis for select entities and make additions / improvements based upon current year events as necessary.
  • Successfully review various tasks within the Financial Shared Service Center, including data analysis, reconciliations, journal entry preparation, US GAAP and Statutory financial statement preparation and analysis, process documentation, and special projects.
  • Assist in the review of the Audited Financial Statements and Notes. This includes the compilation of the fully referenced audit binder, along with a fluctuation analysis and disclosure checklist.  Also assist in the review of SAP to GAAP surplus and P&L reconciliation.
  • Continue to support departmental initiatives and play an active role with regard to special projects as identified by management.
  • Overall review and approval of financial work products for staff.
  • Analyze data and explain monthly, quarterly and year to date business results via detailed commentary and supporting variance analysis.
  • Research financial drivers, variances and out-of-balances by querying system databases, analyzing PeopleSoft accounts and reports, and communicating with business contacts.

Technical Skills:

  • Bachelor’s degree in Business with a major in Accounting or Finance
  • CPA designation preferred
  • TM1 experience preferred
  • Strong communication and interpersonal skills
  • Excellent computer skills with an ability to learn accounting and insurance policy software
  • Ability to multi-task and prioritize deadlines
  • Strong organizational skills and proven ability to work independently
  • Microsoft Word and Excel experience required
  • Proven problem solving skills

Required Personal Skills:

  • Team player with customer service orientation
  • Professional attitude, appearance and demeanor
  • Strong time management and organizational skills
  • Strong verbal and written communication skills
  • Proven leadership experience in an academic or business setting
  • Enthusiastic self-starter
  • Demonstrates 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.