Cog Co-op Global Treaty Outward

4 weeks ago


Philadelphia, United States Combined Insurance Full time

Responsibilities: An outstanding opportunity exists for a student seeking to gain marketable financial skills and experience in the exciting area of International Reinsurance and Finance in a team-oriented environment.

Job Duties:

- Assist management in the analysis of large loss activity as submitted by Chubb Overseas General (COG) offices to determine the appropriate sharing of loss exposure between Chubb and Non-Affiliated Reinsurers.
- Use written and verbal communication skills to interact with Global Treaty’s Internal (Claims, Underwriting, etc.) and External (Brokers and Reinsurers) Service Partners
- Communicate large loss details with external brokers & reinsurers; manage the internal review process and address queries as required.
- Creating quarterly reports based on tracked large losses (bordereaux) and relaying these reports to brokers externally.
- Generating, reconciling, and completing Quota Share / Summary financial statements and presenting the information externally.
- Support analysis of general ledger account balances, including cash and Broker/Reinsurer accounts. Complete/record journal vouchers and assist in the testing of systems related enhancements as required. Allocate & offset cash as required.
- Provide accounting support/analysis and other work on special projects as appropriate.



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