Chubb Associate, FP&A Analyst - 2023 at Chubb

Posted in General Business 5 days ago.

Type: Full-Time
Location: Philadelphia, Pennsylvania

Job Description:

About Chubb 

Chubb is the world’s largest publicly traded property and casualty insurer.  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. 

Who We Are 

We are a unique global organization with a culture of individuals passionately committed to our respective crafts. With underwriting at our core, each of us contributes to providing the best insurance coverage and service to our clients. Working together, we are one Chubb. Our highly collaborative, inclusive nature helps us drive better business outcomes through the diversity of background, experiences, insights, and values. We approach problems with a can-do attitude and are committed to developing deep relationships — all while moving quickly to meet client needs.

Chubb Associate Program 

We are looking for those interested in a career that helps people mitigate risk and recover from the unexpected through insurance.  We are seeking candidates with bachelor’s degrees to join our Chubb Associate Program. 

As the industry leader in Property & Casualty insurance, Chubb is an employer of choice for individuals aspiring to develop a meaningful career in a fast-paced, high performing company. We are driving digital transformation in our business, so opportunities abound. These are full-time positions and offer a compelling opportunity to join a global, growing, financially stable and successful company. We have designed our Chubb Associate Program to hone your skills and talents to help you reach your career goals.  By joining the Chubb Associate Program, you will be part of an experience that supports the well-rounded development of critical business skills which in turn contributes to the future success of our company. Our two-year program is designed to include hands-on business assignments in one of a variety of disciplines, interactive classroom instruction, team assignments and direct interaction with other early career professionals as well as experienced professionals and engaged leaders.  As part of this program, you will experience: 

  • Challenging assignments and the opportunity to contribute to the results of a team

  • Collaborative learning and group assignments with program members to help gain broader organizational understanding

  • Technical training to deepen your skill level within your chosen discipline and an understanding of our broader industry

  • Interpersonal effectiveness skill development to help you enhance communication and interactive skills

  • Executive engagement allowing program members the opportunity to network and learn from Chubb’s thought leaders

  • Peer mentoring support to help members navigate through professional situations in their early development

  • A pathway to leadership development opportunities and global assignments

Who are we looking for 
Successful professionals at Chubb come from many backgrounds and experiences and bring that rich diversity with them to our company.  They also have some things in common and these attributes will lead to your success at Chubb:  

  • Results orientation: a demonstrated ability to meet commitments under pressure

  • Practical intellectual adaptability: capable and successful at adapting to new knowledge

  • Personal capacity: accepting and welcoming of additional responsibility over time

  • Communication skills: an ability to communicate successfully in various settings

  • Interpersonal/team skills: work effectively with colleagues at all levels

  • Self-leadership: an ability to take full ownership of work and show initiative as needed

  • Client focused: understanding of the needs of customers and clients

  • Work ethic: a commitment to hard work and a high ethical conduct 

Financial Planning and Analysis Role

This is a North America finance position that will be responsible for assisting in the monthly and quarterly accounting close analysis, performing planning and forecasting activities, and assisting with the preparation of accurate, clear/concise reporting to Business Unit/Finance management (divisional and corporate) on a weekly/monthly/ quarterly basis. Critical qualities to succeed include the ability to take ownership, identify and recommend remediation for issues; and the willingness/desire to continuously build on insurance/product knowledge.  

Key Responsibilities

Assist in completing accurate and timely financial analysis so informed business decisions can be made. This will include responsibility to:

·       Prepare and analyze monthly, quarterly, and YTD profit and loss reports for completeness and accuracy

·       Compile metrics and analysis on various portions of the P&L including Premium, Reinsurance, Commissions and Expenses

·       Prepare monthly commentary on financial statements (specific to the Business Unit) providing clear and accurate descriptions of the significant events impacting the monthly /quarterly results

·       Gather/prepare documentation to support unusual activity, trends or occurrences and inform divisional personnel of the findings. Continue to follow up on issues until completion

·       Responsible for Expense Management and Reporting

·       Key member of the team responsible for building the annual plan and quarterly forecasting


·       Analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy

·       Ability to organize, plan and implement work assignments, juggle competing demands and work under pressure of frequent and tight deadlines

·       Solid problem solving, decision making, and analytical skills

·       Work successfully in a team environment and independently with the ability to quickly adapt to change

·       Solid verbal and written communication and presentation skills

·       Proactive, self-motivated, and detail oriented 

Education and Experience

  • Bachelor’s degree in Business with an Accounting/Finance major or in Computer Science, Information Systems, Computer Engineering, Statistics, Software Engineering, or a related field but with a minor in Business.

Chubb strives to offer a diverse and inclusive and rewarding work environment. Teamwork and mutual respect are central to how Chubb operates, and we believe the best solutions draw upon diverse perspectives, experiences, and skills. We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.


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