Financial Analyst - Compensation and Control

at  Chubb

• Ensure accurate and timely payments for commissions, overrides, and quarterly bonuses to Independent Sales Representatives on submitted and renewed premiums, adhering to established deadlines.
• Monitor quality control measures in agent commission processing to ensure compliance with regulatory standards and internal policies.
• Conduct financial analysis on payments, incentives, and bonuses, utilizing data analytics for trend analysis to identify patterns and provide actionable insights to management.
• Handle various financial transactions related to commissions, incentives, and bonuses, ensuring accuracy throughout the processes.
• Lead and coordinate ad hoc and cross-functional projects to drive improvements and innovations within the department, leveraging project management skills to meet milestones and deliverables.
• Utilize programming skills in languages such as SQL and Python, and create Excel VBA macros to develop automated solutions that enhance efficiency in commission processing and reporting.
• Implement process improvements based on findings from quality control and analytics, ensuring continuous enhancement in commission processing efficiency.
• Standardize documentation of processes related to agent commission processing to ensure clarity, consistency, and accessibility for team members and stakeholders.
• Support training and development initiatives for the Field Compensation Team to enhance collaboration and share best practices.
• Collaborate with cross-functional teams to explore and streamline workflows in commission processing, strengthening business relationships.
• Bachelor’s degree in finance, Mathematics, or a related field is strongly preferred.
• Minimum 3 years of relevant experience in analytics or compensation is essential.
• Strong mathematical skills with a keen attention to detail, paired with excellent analytical and problem-solving abilities.
• Solid understanding of accounting principles and proficiency in Microsoft Office (particularly Excel), along with advanced data analysis capabilities.
• Expertise in Microsoft Visual Basic for developing and maintaining macros, as well as proficiency in SQL and Python for automating processes.
• Highly organized individual adept at managing multiple tasks simultaneously, ensuring timely and accurate completion of assignments.
• Strong commitment to maintaining confidentiality and protecting sensitive information.
• Excellent verbal and written communication skills, with the ability to engage effectively with various levels of management and sales personnel.
• Proficiency in French is an asset.
• Familiarity with sales compensation design and project management is considered a plus.
• Self-motivated and capable of working independently while effectively collaborating within a team environment.
  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

Please refer the Job description for details