Financial Operations Specialist

3 days ago


Wilmington, Delaware, United States Chubb Full time
Job Description

The Chubb Global Services (CGS) group is dedicated to delivering exceptional client services to Chubb's multinational business across its diverse product line.

The CGS Finance group has overarching responsibility for global money movement, billing and collections of reinsurance and deductibles, reporting and overall multinational guidance and strategy.

Key Responsibilities:
  • Manage intercompany bordereau transactions between Chubb international affiliates.
  • Review and reconcile premium and loss data from international partners (Affiliates, TPAs, and Network Partners) to the local sub ledger. Address discrepancies with international staff when necessary.
  • Interact with global finance staff to ensure entities are adequately funded and payable/receivable balances are settled within specified timeframe.
  • Monitor and log large cash movements to/from affiliates to local entity.
  • Perform subledger journal entries and account reconciliation to ensure proper accounting.
  • Assist with Third Party Loss Recovery process: work with clients to resolve issues, post payments, offset and reconcile accounts.
  • Utilize technology to drive process improvements.
  • Design and generate analytics, performance indicators and maintain monthly reporting.
  • Assist in the development and maintenance of financial controls to keep the business unit compliant with SOX standards and local laws.
About Us

Chubb is a world leader in insurance, with operations in 54 countries. We provide commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients.

We are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law.



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