Chubb Associate – Reinsurance Contracts (Finance)

JOB DESCRIPTION

Our Chubb Associate Program is a great starting point for individuals seeking an entry-level role in the insurance industry. By joining the Chubb Associate Program, you will be part of a cohort of top early career talent who will participate in a robust, comprehensive technical and experiential learning journey. Our two-year program is designed to accelerate your development, enhance your network, support you in reaching your career goals and enable you to contribute to the future success of Chubb.

As a Chubb Associate, you will be in a full-time position within a specific line of business, and you will experience:

• Challenging assignments and the opportunity to contribute to the results of a team.
• Collaborative learning and group assignments with your cohort to help gain broader organizational understanding.
• Technical training to develop an understanding of our industry and deepen your skill level within your chosen discipline.
• Personalized development opportunities to help your immersion into a professional work environment and support your career goals.
• Executive engagement allowing you the opportunity to network and learn from Chubb's thought leaders.
• Mentoring support from your manager and former Chubb Associates to help you navigate through professional situations.

Specific Responsibilities:

Responsibilities include implementation of reinsurance treaty agreements protecting Chubb business units, analyzing Chubb treaty reinsurance agreements, identifying terms and conditions, analysis of premium/commission registration, and other attachment criteria. The role will interact with a diverse group of internal & external partners including Divisional Financial Officers, Senior Underwriters, Ceded Reinsurance Buyers and Brokers and Senior Management.

Interpret and implement treaty reinsurance agreements supporting various Chubb business units.

Complete data analysis and reconciliations for quality control of claims attachment and premium registration.

Maintain established measures of business performance in evaluating and controlling monthly production, premium registration by statutory company and line of business.

Partner with Ceded Re Buyers and the Business Units to prepare & evaluate ceded premium allocation to accurately impact business unit financial results.

Communicate and resolve issues with the business units finance teams and reinsurance intermediaries impacting efficient execution of ceded reinsurance programs.

Assists with the execution of special projects and performs other duties and tasks to meet company objectives within established time frames.

QUALIFICATIONS

• Bachelor's

  ABOUT US

  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.