Financial Analyst, Surcharges

The Financial Analyst, Surcharges role is a critical contributor to the Surcharge account reconciliation function, to include the analysis, reconciliation and validation of related accounts in Chubb’s general ledger. The role will report to the AVP Finance, Surcharges.

Responsibilities not listed.

• Undergraduate degree from an accredited U.S. or foreign university or college in accounting/finance preferred, but equivalent experience will be considered.
• Minimum 1 - 3 years of accounting or financial analysis experience.
• Past demonstration of skilled use with Microsoft Office products (Excel, Access, PowerPoint, Word, Outlook, Teams).
• Knowledge of Peoplesoft Financials (General Ledger) is preferred, but not necessary.

• Analysis of the payments made to the assessing organizations.
• Reconcile and validate with billing data from numerous policy administration systems.
• Research root causes of variances.
• Work with the business groups and manage the correction of reconciling items.
• Substantiate surcharge balances for review and testing by the Finance committee, Internal Audit and Financial Compliance departments.
• Prepare monthly reports to reconcile and validate the surcharge account balances.
• Reconcile & maintain surcharge billing database for monthly billing data received from various sources and validate with balances in the general ledger.
• Prepare supporting documentation, enter, and post journal entries into the general ledger.
• Update and document any changes to account reconciliation procedures and save in the department procedures shared drive.
• Respond promptly and within requested due dates to any internal questions.
• Assist as necessary, in terms of providing data to surcharge manager, for analysis on existing or new surcharges.

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.