oracle
Financial Analyst
Chubb
Chicago, USA
Full-time
Mid · 3–4 years experience
Onsite
Discovered 1 weeks ago
excel
Key Skills for This Role
excel
Full Job Posting
Key Responsibilities
- Responsible for coordination of monthly interface posting and correction of any errors booked to suspense in addition to researching cause of errors and solutioning
- Prepare and post monthly journal entries from multiple sources within and outside of the team; effective communication to journal entry requesters is required
- Prepare quarterly reconciliations including but not limited to, DAC, VOBA, and Future Policy Benefit Reserves, for review and sign-off
- Research and provide explanations for quarterly GAAP flux analysis for items that are outside predetermined thresholds
- Work with the Chubb shared service team responsible for Statutory reporting to research and provide explanations, where applicable, for quarterly STAT flux analysis
- Complete quarterly schedules for the Internal Reporting Process (“IRP”) which requires coordination with sources across the organization and explanations where applicable
- Research and complete various account reconciliations in Blackline tool with proper classifications of balances and aging
- Perform statutory projections of income and surplus
- Verifying the accuracy of the financial statements by reviewing the general ledger and back-end system processing along with creating efficiencies to our processes
- Analyze current financial processes and identify opportunities for improving accounting processes and participate in continuous improvement initiatives.
- Continue to support departmental initiatives and play an active role in completing special projects as identified by management
- Assist with internal and external audits, providing necessary documentation and explanations as required.
- Develop relationships with colleagues/interested parties within and outside the organization
Technical Skills:
- Bachelor’s degree in Business with a major in Accounting or Finance
- 3-4 years of accounting experience; insurance industry experience a plus
- Strong understanding of accounting principles including knowledge of GAAP
- Strong communication and interpersonal skills
- Strong computer skills with an ability to learn accounting and insurance financial reporting for Life and A&H companies
- Ability to multi-task and work under tight deadlines
- Strong organizational skills
- Microsoft Word and Excel experience required
- Proven problem-solving skills
- CPA or pursuing CPA certification a plus but not required
- 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
- Enthusiastic self-starter
- Demonstrates integrity and dedication
- The pay range for the role is $69,000 to $101,000. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled."
Qualifications
- Bachelor’s degree in Business with a major in Accounting or Finance
- Strong understanding of accounting principles including knowledge of GAAP
- Strong communication and interpersonal skills
- Strong computer skills with an ability to learn accounting and insurance financial reporting for Life and A&H companies
- Ability to multi-task and work under tight deadlines
- Strong organizational skills
- Microsoft Word and Excel experience required
- Proven problem-solving skills
- Team player with customer service orientation
- Professional attitude, appearance and demeanor
- Strong time management and organizational skills
- Strong verbal and written communication skills
- Enthusiastic self-starter
- Demonstrates integrity and dedication
- The pay range for the role is $69,000 to $101,000. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled."
Preferred Qualifications
- 3-4 years of accounting experience; insurance industry experience a plus
- CPA or pursuing CPA certification a plus but not required
About Chubb
Financial Services10,001+Founded 1882
Chubb is a global insurance company operating in 54 countries and territories. It provides commercial and personal property and casualty insurance, accident and health insurance, reinsurance, and life insurance.
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