Chubb | AVP, Financial Reporting, Chubb Life | jersey city, nj

7 days ago

jersey city, United States Chubb Full time

AVP, Financial Reporting, Chubb LifeIntroduction:Chubb Life is a growing segment within Chubb Limited, with operations in more than a dozen countries around the world generating annual premiums and deposits in excess of $5 billion. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 40,000 people worldwide.Reporting Relationship and Scope of Position: The AVP Financial Reporting will perform a variety of accounting, finance and analytical procedures as part of Chubb Life Segment’s regular consolidation and reporting functions. This role in the Global Office will liaise with local country and regional operations as well as corporate accounting and actuarial teams to assess financial performance via supporting analyses and work-papers, as well as gather and compile key financial disclosure data required for Corporate filings.  The AVP Financial Reporting will report to the VP Financial Reporting for the Life business to help improve the overall control environment of the Segment through leadership, technical research and tactical process improvement.Primary Responsibilities: Lead the coordination and oversight for the timely & accurate preparation of period-end reporting packages by all subsidiaries, including submission as part of the Chubb Limited consolidation processReview financial schedules and footnote disclosure information provided by subsidiaries for completeness and accuracy to ensure compliance with Corporate &Segment requirementsSupervise the process of preparing and maintaining Segment schedules which support consolidated financial statement disclosures and various Segment reporting packagesEvaluate accounting processes and identify opportunities to streamline; recommend solutionsPrepare ad-hoc analysis as requested by senior management; investigate and resolve discrepancies when identifiedProvide oversight and direction to Global Office accounting staff and local country finance teams to ensure accurate and timely performance of the day-to-day operations of the businessSupervise the design, establishment and maintenance of accounting and reporting policies and processes that conform to Generally Accepted Accounting PrinciplesMaintain supporting documentation to ensure compliance with internal control standards as well as requests from internal and external auditors
Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

At Chubb, 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. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
Required Background:The successful candidate will possess 10 to 15 plus years of progressively responsible financial business management experience in a public or private insurance organization, as well as Life Insurance and U.S. GAAP technical expertise.  He/she will have knowledge of financial risk management, accounting and financial reporting standards.  Both international experience and public accounting experience are preferred, but not mandatory.  In addition, a CPA designation is preferred (but not required), and relevant professional credentials (CPCU, ASA/FSA) or advanced educational degrees (MBA) are desirable. The successful candidate must possess the following personal characteristics:Strong interpersonal skills to include a collaborative, “team player” style. Included is the ability to relate to, and communicate effectively with, all members of the organization within a demanding professional environment and matrix organizational structureFlexibility to work with international teams on different times zones and ability to work toward tight deadlines during reporting period, Demonstrated agility, both with the content of the work and the communication of same, are necessaryEffective management of multiple competing priorities is essential, as well as a strong attention to accuracy and detailProficiency in basic technology applications (MS Office applications, or equivalent) is required.The interest and ability to assume broader leadership The pay range for the role is $113,000 to $192,000. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program.  Chubb offers a comprehensive benefits package, more details on which can be found on our careers website.  The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.Full timePosting Date: 2024-11-22

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