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Senior Manager Financial Reporting, Chubb Life

Chubb Ltd

  • Jersey City, NJ
  • 11 days ago
  • $100,000–$140,000 Per Year

Highlights

Reporting Relationship and Scope of Position: The Senior Manager reports to the AVP, Financial Reporting within the International Life Global Office Finance function, which is responsible for overseeing the integrity and quality of Life Segment US GAAP financial reporting. 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.

Numbers & Facts

LocationJersey City, NJ
IndustryInsurance
Salary$100,000–$140,000 Per Year
Company Size500 to 999 employees
Year Founded1792
Websitehttps://www.chubb.com/

Description

Introduction:

Chubb Life is a growing Segment within Chubb Limited, with operations in more than a dozen countries/markets around the world generating annual premiums and deposits in excess of $7 billion. 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, Hong Kong and other locations, and employs approximately 40,000 people worldwide.

Reporting Relationship and Scope of Position:

The Senior Manager reports to the AVP, Financial Reporting within the International Life Global Office Finance function, which is responsible for overseeing the integrity and quality of Life Segment US GAAP financial reporting. The Senior Manager is responsible for the review of monthly close journal entries and financial reporting deliverables, ensuring accuracy, completeness, and compliance with US GAAP. The scope of this position is execution-focused, encompassing the preparation and review of key accounting analyses, management of the close calendar to ensure all deadlines are met, direct support of internal and external audit requests, and execution of business initiatives and process enhancements. The role works in close collaboration with local accounting teams, Corporate Consolidation, Accounting Policy, and Actuarial to deliver high-quality reporting.

Primary Responsibilities:

  • Manage the monthly close calendar and coordinate with local accounting teams to ensure all reporting deliverables are completed with high quality and submitted within Corporate deadlines.
  • Review quarterly Internal Reporting Packages prepared by local teams, ensuring consistency and alignment with US GAAP and Corporate reporting requirements.
  • Establish and maintain a robust internal control environment over financial reporting, ensuring compliance with internal standards and facilitating requests from internal and external auditors.
  • Support business initiatives by ensuring transactions are accounted for in accordance with US GAAP and by developing effective accounting and reporting processes.
  • Prepare ad-hoc financial analyses as requested by senior leadership; independently investigate identified issues and develop well-reasoned solutions for review.
  • Evaluate closing processes to identify enhancement opportunities and recommend practical solutions.

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.

  • Bachelor's degree in Accounting, Finance, or a related field required. A Master's degree or relevant professional certification (e.g., CPA, CIA) is preferred.
  • Minimum of 5 years of progressive financial accounting and reporting experience within a public or private insurance organization, with demonstrated expertise in Life Insurance operations and US GAAP technical accounting.
  • Experience in international insurance operations and/or public accounting is preferred.
  • Strong interpersonal and communication skills, with the ability to collaborate effectively across all levels of the organization within a fast-paced, matrix organizational structure.
  • Flexibility to work with international teams across multiple time zones, particularly within the APAC region, and demonstrated ability to consistently meet tight deadlines during reporting periods.
  • Proven ability to manage multiple competing priorities simultaneously while maintaining strong attention to detail and a high standard of work quality.
  • Proficiency in Microsoft Office Suite, including Excel, Word, and PowerPoint, is required.

The pay range for the role is $100,000 to $140,000. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

About Company

Chubb is the world’s largest publicly traded property and casualty insurance company and the largest commercial insurer in the U.S.

With operations in 54 countries and territories, we are a major personal lines writer, as well as a leading middle market, small commercial and large industrial commercial insurer, providing a wide range of traditional and specialty coverages.

As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. And we combine the precision of craftsmanship with deep experience to conceive, craft and deliver the very best insurance coverage and service to individuals and families and to businesses of all sizes.

Our products and services are distributed through brokers, independent agents, exclusive agents and various forms of direct marketing.

What we deliver:

  • Extensive product and service offerings
  • Broad distribution capabilities
  • Service excellence
  • Risk expertise
  • Underwriting discipline
  • Exceptional financial strength
  • Local operations globally

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