RELATIONSHIPS AND SCOPE:

The Financial Analyst, Surcharges role is a critical contributor to the Surcharge account reconciliation function, to include the analysis, reconciliation and validation of related accounts in Chubb’s general ledger.  The role will report to the AVP Finance, Surcharges. 

Factors for success include the delivery of quality and timely work product, attention to detail, strong communication skills, the ability to cultivate relationships with business partners across various functions, and a strong desire to learn and develop.  

KEY RESPONSIBILITIES: Analysis of the payments made to the assessing organizations.  Reconcile and validate with billing data from numerous policy administration systems.  Research root causes of variances.  Work with the business groups and manage the correction of reconciling items.  Assign responsibility for reconciling items to the owners of the policy administration billing systems and/or to the assessment payment unit.  Follow-up to ensure corrections/changes are instituted to rectify reconciling differences.  Substantiate surcharge balances for review and testing by the Finance committee, Internal Audit and Financial Compliance departments. Prepare monthly reports to reconcile and validate the surcharge account balances. Reconcile & maintain surcharge billing database for monthly billing data received from various sources and validate with balances in the general ledger.  Work with IT to resolve any discrepancies. Prepare supporting documentation, enter, and post journal entries into the general ledger.  Update and document any changes to account reconciliation procedures and save in the department procedures shared drive.   Respond promptly and within requested due dates to any internal questions.  Assist as necessary, in terms of providing data to surcharge manager, for analysis on existing or new surcharges. TECHNICAL SKILLS AND REQUIREMENTS:Undergraduate degree from an accredited U.S. or foreign university or college in accounting/finance preferred, but equivalent experience will be considered.Minimum 1 - 3 years of accounting or financial analysis experience. Past demonstration of skilled use with Microsoft Office products (Excel, Access, PowerPoint, Word, Outlook, Teams).Knowledge of Peoplesoft Financials (General Ledger) is preferred, but not necessary.REQUIRED PERSONAL SKILLS:Enthusiastic self-starter.Attention to detail, analytical and problem-solving skills and excellent organizational abilities are required.Ability to work independently, but also as part of a team and to prioritize work assigned to ensure reconciliations and reports are completed timely and accurately.Strong interpersonal and communication skills (verbal and written).