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Staff Accountant – Reinsurance Accounting
at Chubb Insurance in Warren, NJ
For more than 125 years, the Chubb Group of Insurance Companies has been delivering exceptional property and casualty insurance products and services to businesses and individuals around the world.
Today, we are the 11th largest property and casualty insurer in the United States and have a worldwide network of some 120 offices in 27 countries staffed by 10,400 employees. The Chubb Corporation reported $48 billion in assets and $13.2 billion in revenues in 2008. According to Fortune magazine, Chubb is the 203rd largest U.S.-based corporation. The magazine also includes Chubb in its list of “America’s Most Admired Companies.” Forbes listed Chubb as one of America’s 400 Best Big Companies.
Chubb has maintained its reputation and financial stability with underwriting expertise, unparalleled customer service, unique industry-specific specialization and a deep respect for all of our employees.
Education:
Bachelors Degree in Accounting requiring a minimum GPA overall and in major of 3.0. One to 2 years of accounting experience preferred. Prior insurance/reinsurance experience a plus.
Competencies/Technical Skills
The ideal candidate will possess:
• Ability to interpret reinsurance contracts
• Technical knowledge and understanding of Excel
• Ability to recognize, analyze and explain unusual financial results
• Ability to maintain pertinent documentation
• Effective verbal and written communication skills
• Ability to effectively organize and prioritize
• Ability to multi-task
• Ability to proactively address issues that impact the unit and offer recommendations
• Aptitude for learning systems
• Ability to work late during peak periods.
Position Description
The Reinsurance Accountant is responsible for:
• Identifying, calculating, billing, and processing reinsurance recoverables for treaty, facultative, and captive agreements
• Analysis of ceded results and preparation of supporting exhibits
• Establishing reinsurance generation parameters in the reinsurance system
• Ad hoc research and reconciliation projects
• Assist in preparation and analysis of Schedule F.
Chubb prides itself on the ability to provide all employees with an extraordinary work environment which promotes teamwork, diversity and incentives for those who exceed expectations. Chubb has been recognized as one of the top 50 companies for diversity by DiversityInc magazine, one of America’s most admired companies by Forbes, and one of the top 100 companies to work for by Fortune.
Chubb's compensation and benefit plans work together to create a Total Rewards Program for our employees that is among the best in our industry. As a global organization, we work hard to achieve our goal of providing flexible and competitive compensation and benefits packages in each local market in which we operate. Our goal is to exceed average market practices for our performers. For more information about Chubb and our benefits, visit our website at www.chubb.com.
All interested applicants must apply online at www.chubb.apply2jobs.com Reference Requisition number 8780.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=8780&CurrentPage=2
Chubb & Son, Inc., a division of Federal Insurance Company, does not accept resumes from unsolicited third party agencies or recruiters. No fees will be paid to third parties who submit unsolicited candidates in this manner.
Today, we are the 11th largest property and casualty insurer in the United States and have a worldwide network of some 120 offices in 27 countries staffed by 10,400 employees. The Chubb Corporation reported $48 billion in assets and $13.2 billion in revenues in 2008. According to Fortune magazine, Chubb is the 203rd largest U.S.-based corporation. The magazine also includes Chubb in its list of “America’s Most Admired Companies.” Forbes listed Chubb as one of America’s 400 Best Big Companies.
Chubb has maintained its reputation and financial stability with underwriting expertise, unparalleled customer service, unique industry-specific specialization and a deep respect for all of our employees.
Education:
Bachelors Degree in Accounting requiring a minimum GPA overall and in major of 3.0. One to 2 years of accounting experience preferred. Prior insurance/reinsurance experience a plus.
Competencies/Technical Skills
The ideal candidate will possess:
• Ability to interpret reinsurance contracts
• Technical knowledge and understanding of Excel
• Ability to recognize, analyze and explain unusual financial results
• Ability to maintain pertinent documentation
• Effective verbal and written communication skills
• Ability to effectively organize and prioritize
• Ability to multi-task
• Ability to proactively address issues that impact the unit and offer recommendations
• Aptitude for learning systems
• Ability to work late during peak periods.
Position Description
The Reinsurance Accountant is responsible for:
• Identifying, calculating, billing, and processing reinsurance recoverables for treaty, facultative, and captive agreements
• Analysis of ceded results and preparation of supporting exhibits
• Establishing reinsurance generation parameters in the reinsurance system
• Ad hoc research and reconciliation projects
• Assist in preparation and analysis of Schedule F.
Chubb prides itself on the ability to provide all employees with an extraordinary work environment which promotes teamwork, diversity and incentives for those who exceed expectations. Chubb has been recognized as one of the top 50 companies for diversity by DiversityInc magazine, one of America’s most admired companies by Forbes, and one of the top 100 companies to work for by Fortune.
Chubb's compensation and benefit plans work together to create a Total Rewards Program for our employees that is among the best in our industry. As a global organization, we work hard to achieve our goal of providing flexible and competitive compensation and benefits packages in each local market in which we operate. Our goal is to exceed average market practices for our performers. For more information about Chubb and our benefits, visit our website at www.chubb.com.
All interested applicants must apply online at www.chubb.apply2jobs.com Reference Requisition number 8780.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=8780&CurrentPage=2
Chubb & Son, Inc., a division of Federal Insurance Company, does not accept resumes from unsolicited third party agencies or recruiters. No fees will be paid to third parties who submit unsolicited candidates in this manner.
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