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Financial Analyst

Chubb
Posted 25 days ago, valid for 16 days
Location

Philadelphia, PA 19102, US

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • Join Chubb as a Financial Analyst, where your analytical skills will enhance regulatory compliance and financial operations.
  • The role requires at least 3 years of experience in financial analysis, ensuring accuracy and timeliness in financial reporting.
  • Key responsibilities include preparing and filing reports, managing disbursement requests, and supporting the annual assessment budget.
  • The position offers a competitive salary in the range of $70,000 to $90,000 per year, commensurate with experience.
  • Chubb values diversity and is committed to equal employment opportunity in all aspects of hiring and employment.

Join a dynamic team at Chubb where your analytical skills will directly impact regulatory compliance and financial operations! As a Financial Analyst, you’ll play a key role in ensuring accuracy, timeliness, and excellence in all aspects of financial reporting and assessment processes—making a real difference in a collaborative, fast-paced environment.

Main Responsibilities: 

  • Prepare and file policy level and company level reports as required by various states and ensure compliance with all reporting requirements and deadlines.
  • Prepare disbursement requests for various state and other statutory assessments or filing fees, ensuring requests are completed accurately and within established deadlines.
  • Ensure that all payments and reports submitted are accurate and properly documented for future reference.
  • Ensure that procedures are updated for any necessary changes as required.
  • Respond promptly and within requested due dates to any questions or inquiries from any insurance department or other assessing/reporting organization.  Ensure responses are appropriate prior to sending externally and saved to appropriate folders for future reference.
  • Respond promptly and within requested due dates to any internal questions as well. 
  • Support development of the annual assessment budget and provide monthly/quarterly variance analysis.
  • Assist with providing research and data on account reconciliations, to surcharge manager.
  • Provide assessment documentation for accrual reviews, in terms of updated payment, basis, and rate information for trending analyses.
  • Surplus lines state filings and fee payments are processed accurately and on time for all surplus lines’ companies, ensuring continued eligibility.
  • Surplus lines carrier reporting is completed with accurate and timely submission of all policy and premium reports to the relevant agencies and associations.
  • Support extended Regulatory Affairs Team with special requests or inquires as needed.

Reporting Relationship:

  • Reports to the Manager of Assessment and Surcharge Group.

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.



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