JOB DESCRIPTION

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. 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.

Scope

This co-op supports maintaining the financial records of the Delaware Holding Companies / Service Company.

Duties and Responsibilities

• Support the Cover Direct Expense Charge out process where needed (surveys, invoicing, maintenance of annual service agreements, collections, etc.)
• Monitor bank accounts and prepare bank reconciliations.
• Assist with gathering supportive details for journal entries and record journals
• Reconcile intercompany payables / receivables for the Delaware Holding Companies.
• Assist with the preparation of quarterly trail balance review packages to ensure balances are fully supported, explained, and documented.
• Assist with the preparation of the annual GAAP financial statements
• Prepare quarterly balance sheet flux analysis and IQ supplemental schedules for various holding companies
• Provide assistance with Foreign Currency Analysis Reporting and Capital Management as needed.
• Provide support for quarter closing activities and other requests as needed.

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.