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Staff Accountant

Chubb
Philadelphia, USA
Full-time
Senior · 1–3 years experience
Onsite
Discovered 5 days ago
excel

Full Job Posting

Qualifications

  • Bachelor’s degree - Accounting/Finance/Business
  • Insurance designations (such as ARe / CPCU) desired
  • One to three years of reinsurance accounting experience
  • Ability to identify areas for process improvement
  • Ability to analyze large data sets to identify and resolve complex issues
  • Ability to work effectively in a fast-paced environment
  • Proven ability to work independently and take ownership of responsibilities
  • Excellent oral and written communication skills required
  • Proficiency in Microsoft Excel, Microsoft Word and PeopleSoft is preferred
  • FIRST knowledge a plus

Preferred Qualifications

  • Insurance designations (such as ARe / CPCU) desired
  • Proficiency in Microsoft Excel, Microsoft Word and PeopleSoft is preferred
  • FIRST knowledge a plus

Responsibilities

  • Include:
  • Prepare, disburse, and settle monthly and quarterly accounts in accordance with the contract agreement leveraging process automation.
  • Work internally and with third parties to verify receipt of billings, initiate collection of open balances in accordance with established procedures, respond to queries, resolve receivable and payable discrepancies, and elevate unresolved collection issues.
  • Monthly review of the reinsurance premium and loss sub ledger to ensure accurate account balances. Formulating action plans to resolve aged balances.
  • Resolve any issues or answer queries regarding the reinsurers’ statements, certificates, or related entries in the reinsurance premium and loss systems.
  • Preparation of monthly and quarterly ceded reinsurance financial reports as needed. Provide commentary on various reports for senior management.
  • Ad hoc requests from internal and external customers (i.e. audits).

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