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COG Co-op Global Treaty

Chubb
Philadelphia, United Statespart_timeVerifiedPosted 1 May 2024

About the role

Responsibilities: An outstanding opportunity exists for a student seeking to gain marketable financial skills and experience in the exciting area of International Reinsurance and Finance in a team-oriented environment.

Job Duties:

  • Assist management in analyzing Large Claims Summary (LCS) activity submitted by Chubb Overseas General (COG) offices to determine the proper allocation of loss 
    exposure between Chubb and unaffiliated reinsurers using different foreign currencies.
  • Use verbal and written communication skills to interact with Global Treaty's internal (claims, underwriting, etc.) and external (brokers and reinsurers) service partners.
  • Assist management in preparing Loss Notices, manage the internal review process, and communicate details of large losses with third party brokers and reinsurers.
  • Support analysis of general ledger account balances, including cash and Broker/Reinsurer accounts. Complete/record journal vouchers and assist in system related improvement testing as needed.
  • Provide support to the Global Treaty team by managing GT mailbox and address inquiries as needed. As well as, sorting and delivering inbound emails to the GT team to ensure timely execution of questions from the external market or local offices.
  • Responsible for managing, completing, and tracking LCS and notifications inventories
  • Provide accounting support/analysis and other work on special projects, as appropriate.
     
  • Excellent analytical and problem solving skills
  • Detail oriented with strong organizational skills
  • Strong verbal and communication skills
  • Proficiency in Excel and Access
  • Accounting, Finance, or Math - Actuarial major preferred

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.

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Chubb

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