Financial Analyst

Chubb Benefits is seeking a Financial Analyst to join our fast-paced, high energy, growing company. We are proud of our tradition of success in the insurance industry of over 100 years. Come join our team of hard-working, talented professionals!

We are seeking a dedicated and detail-oriented Financial Analyst with 3-4 years of experience to join our dynamic finance team. The Financial Analysis is responsible for performing core accounting functions and maintaining financial records, including journal entries, conducting monthly and quarterly account reconciliations, monthly and quarterly internal and external financial reporting, and ensuring compliance with accounting standards. This role requires attention to detail, strong analytical skills, and the ability to work collaboratively within the finance team and across departments.

• Relationship & Scope
• The Financial Analyst – Combined is a pivotal team member of the Finance unit. The Financial Analyst will interact with a diverse group of internal personnel including other accounting team members, and Financial Planning and Analysis personnel and/or functional staff to interpret financial data and operational performance, as well as reporting financial data to external insurance agencies.

• Key Responsibilities
• Responsible for coordination of monthly interface posting and correction of any errors booked to suspense in addition to researching cause of errors and solutioning
• Prepare and post monthly journal entries from multiple sources within and outside of the team; effective communication to journal entry requesters is required
• Prepare quarterly reconciliations including but not limited to, DAC, VOBA, and Future Policy Benefit Reserves, for review and sign-off
• Research and provide explanations for quarterly GAAP flux analysis for items that are outside predetermined thresholds
• Work with the Chubb shared service team responsible for Statutory reporting to research and provide explanations, where applicable, for quarterly STAT flux analysis
• Complete quarterly schedules for the Internal Reporting Process (“IRP”) which requires coordination with sources across the organization and explanations where applicable
• Research and complete various account reconciliations in Blackline tool with proper classifications of balances and aging
• Perform statutory projections of income and surplus
• Verifying the accuracy of the financial statements by reviewing the general ledger and back-end system processing along with creating efficiencies to our processes
• Analyze current financial processes and identify opportunities for improving accounting processes and participate in continuous improvement initiatives.
• Continue to support departmental initiatives and play an active role in completing special projects as identified by management
• Assist with internal and external audits, providing necessary documentation and explanations as required.
• Develop relationships with colleagues/interested parties within and outside the organization
• Qualifications
• Technical Skills:
• Bachelor’s degree in Business with a major in Accounting or Finance
• 3-4 years of accounting experience; insurance industry experience a plus
• Strong understanding of accounting principles including knowledge of GAAP
• Strong communication and interpersonal skills
• Strong computer skills with an ability to learn accounting and insurance financial reporting for Life and A&H companies
• Ability to multi-task and work under tight deadlines
• Strong organizational skills
• Microsoft Word and Excel experience required
• Proven problem-solving skills
• CPA or pursuing CPA certification a plus but not required

Required Personal Skills:

• Team player with customer service orientation
• Professional attitude, appearance and demeanor
• Strong time management and organizational skills
• Strong verbal and written communication skills
• Enthusiastic self-starter
• Demonstrates integrity and dedication

• Office Location: 8750 W. Bryn Mawr Ave, Chicago, Illinois 60631 near Rosemont, IL.
• In-Office Expectation: 4x per week, 1 day remote

The pay range for the role is $69,000 to $101,000. 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."

OUR BENEFITS

• As a Chubb corporate employee, you have access to one of the most comprehensive benefit plans in the business, designed to meet your needs and help you reach your financial goals. More details can be found here. Chubb is committed to supporting its employees with a comprehensive compensation package that is appropriate in the market where they work. Below are several of the many benefits we offer our employees:
• Health insurance
• Dental insurance
• Tuition reimbursement
• A company-match 401(k) plan
• Disability insurance
• Life insurance
• Employee referral bonuses

ABOUT CHUBB BENEFITS

Combined Insurance Company of America (Chubb Benefits) is a leading provider of supplemental accident, health, disability, and life insurance products in the U.S. and Canada. Headquartered in Chicago with a tradition of more than 100 years of success, we are committed to making the world of supplemental insurance easy to understand. The company has an A+ rating by the Better Business Bureau and an A + (Superior) financial strength rating by AM Best.

ABOUT CHUBB

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.