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Senior Manager - Accounting in Philadelphia, PA at Chubb Group of Insurance Companies

Date Posted: 10/13/2018

Job Snapshot

Job Description

Relationship and Scope
This position will report to the Reinsurance Services Vice President Accounting. The position requires extensive knowledge of reinsurance contracts, calculations and procedures. The candidate will use this knowledge to assist accountants and managers with unraveling complex reinsurance issues by identifying the technical issues and completing detailed reconciliations that provide a resolution. The candidate will also be expected to provide training and guidance to Reinsurance Accounting personnel.
Responsibilities include:
This is an Accounting Senior Manager position in the Reinsurance Services Department.
This position will primarily be responsible for the following:
  • Manage team responsible for manually calculating complex ceded reinsurance bordereaux.
  • Assist accountants with reconciliation and processing issues on complex bordereau processing accounts.
  • Oversight of the commission adjustment calculations and reporting.
  • Monthly review of unapplied cash reports to provide accountants with assistance in getting cash applied where requested.
  • Quarterly preparation of Applied Cash and other internal Financial reports.
  • Take a lead role to resolve reinsurance or collection issues with brokers and reinsurers where required.
  • Work with accountants to resolve internal issues with business units and registration processing areas as requested.
  • Complete complex reconciliations as assigned by manager.