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Staff Accountant - Investment 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.
Currently, Chubb is seeking a Staff Accountant for our Investment Accounting department in the Warren, NJ office.
Education
Bachelor’s Degree in Accounting requiring a minimum GPA overall and in major of 3.0. One to two years of accounting experience preferred.
Competencies/Technical Skills
The ideal candidate will possess:
- 1-2 years prior accounting or bookkeeping experience is a plus
- Strong basic accounting skills and good written and verbal communication skills required
- Strong organizational skills, including the ability to effectively work on several activities concurrently
- Proficiency in Microsoft Excel
- Ability to work late with the team during peak periods necessary
- PeopleSoft and other mainframe experience is a plus.
Position Description
- Reviews monthly investment system transactions for accuracy and maintains general ledger Interacts with the Investment Services department to ensure necessary corrections are made
- Maintains and reconciles monthly schedule D
- Produces AM BEST schedule D quarterly and annually
- Analyzes investment income by comparing recorded amounts to projected amounts and investigates discrepancies
- Reviews and verifies monthly listing of investment acquisitions and disposals for the finance committee of the Board of Directors
- Assists in identifying and addressing system issues and in the development and testing of new reports
- Prepares footnote schedules for the annual and quarterly report filed with the SEC
- Responds to ad hoc informational requests and completes special projects as they arise
- Prepares footnote schedules for the annual and quarterly statutory filing.
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 8797.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=8797&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.
Currently, Chubb is seeking a Staff Accountant for our Investment Accounting department in the Warren, NJ office.
Education
Bachelor’s Degree in Accounting requiring a minimum GPA overall and in major of 3.0. One to two years of accounting experience preferred.
Competencies/Technical Skills
The ideal candidate will possess:
- 1-2 years prior accounting or bookkeeping experience is a plus
- Strong basic accounting skills and good written and verbal communication skills required
- Strong organizational skills, including the ability to effectively work on several activities concurrently
- Proficiency in Microsoft Excel
- Ability to work late with the team during peak periods necessary
- PeopleSoft and other mainframe experience is a plus.
Position Description
- Reviews monthly investment system transactions for accuracy and maintains general ledger Interacts with the Investment Services department to ensure necessary corrections are made
- Maintains and reconciles monthly schedule D
- Produces AM BEST schedule D quarterly and annually
- Analyzes investment income by comparing recorded amounts to projected amounts and investigates discrepancies
- Reviews and verifies monthly listing of investment acquisitions and disposals for the finance committee of the Board of Directors
- Assists in identifying and addressing system issues and in the development and testing of new reports
- Prepares footnote schedules for the annual and quarterly report filed with the SEC
- Responds to ad hoc informational requests and completes special projects as they arise
- Prepares footnote schedules for the annual and quarterly statutory filing.
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 8797.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=8797&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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Published on Mar 16, 2011
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Viewed: 162 times
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