Senior Reinsurance Accountant

at  Combined Insurance

Chubb celebrates diversity by fostering an inclusive, flexible and equitable workplace. We support applications from all members of our community and equitable access to our employment opportunities. We are open to discussing workplace flexibility in all our vacancies, to ensure we can attract the best candidates and accommodate individual needs, differences, disabilities and working arrangements. Please let us know if you require any adjustments to the recruitment process so we can support you to present your best self.
Chubb is a world leader in insurance. With operations in 54 countries and territories, 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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 40,000 people worldwide. Additional information can be found at: www.chubb.com.

YOUR ROLE

As a key member of the Finance team this role will involve all Finance activities related to Reinsurance for Chubb Australia and Chubb New Zealand and provide direct support to the Reinsurance Manager for A&NZ. As part of a small team, you will help upskill other team members and promote cross training across all tasks to broaden the team’s experience and create efficiencies.

YOUR RESPONSIBILITIES

As part of the Reinsurance Finance team you will support the Reinsurance Manager with:

• Overseeing the facultative reinsurance portfolio.
• Managing the offshore team to complete the facultative reinsurance premiums payments and claims recoveries process.
• Attending to complex scheme reconciliations such as scheme bordereau arrangements and provide relevant guidance and assistance to internal and external stakeholders.
• Monthly settlement of treaty reinsurance.
• Monthly management of relevant balance sheet minutes.
• Compilation and analysis of Regional reporting requirements.
• Regulatory reporting.