Reinsurance Accounting Specialist

Chubb; Philadelphia (Philadelphia County); On-site; USD 65,000 - 90,000; Full time

Job summary

Chubb in Philadelphia seeks a resilient Reinsurance Accountant to manage monthly and quarterly accounts, reconcile ledgers, and support process automation initiatives. You will collaborate with internal teams and external partners to ensure accurate billing and timely reporting.

The ideal candidate has a Bachelor's in Accounting/Finance/Business, 1–3 years in reinsurance accounting, and proficiency with Excel, Word, and PeopleSoft. Insurance designations (ARe/CPCU) are a plus.

Qualifications

• Bachelor's degree in Accounting/Finance/Business or related field.
• Insurance designations such as ARe or CPCU are desirable.
• 1–3 years of reinsurance accounting experience.
• Ability to identify process improvements and efficiencies.
• Strong data analysis to resolve complex issues.

Responsibilities

• Prepare, disburse, and settle monthly and quarterly accounts as per contract terms with automation support.
• Collaborate internally and with third parties to verify billings and collect open balances.
• Review reinsurance premium and loss sub-ledgers monthly for accuracy and aged balances.
• Address queries regarding reinsurers’ statements and related entries in systems.
• Prepare monthly/quarterly ceded reinsurance financial reports with commentary for management.
• Handle ad-hoc requests from internal/external customers and audits.

Skills

Process improvement

Data analysis

Independent work

Communication skills

Thrives in fast-paced environments

Ownership of responsibilities

Education

Bachelor's degree in Accounting/Finance/Business

ARe designation

CPCU designation

Tools

Microsoft Excel

Microsoft Word

PeopleSoft

Job description

Chubb in Philadelphia seeks a resilient Reinsurance Accountant to manage monthly and quarterly accounts, reconcile ledgers, and support process automation initiatives. You will collaborate with internal teams and external partners to ensure accurate billing and timely reporting.

The ideal candidate has a Bachelor's in Accounting/Finance/Business, 1–3 years in reinsurance accounting, and proficiency with Excel, Word, and PeopleSoft. Insurance designations (ARe/CPCU) are a plus.