Accountant I

Primary responsibility is assisting in Collateral management, which includes updating and maintaining Collateral records (Letters of Credit and Trusts) and assisting in Year-End Statutory Schedule F exposure analysis, funding and reporting. Additional responsibilities include assisting in the general ledger reconciliations for numerous Chubb Canada reinsurance balances and assist in internal management reporting. 

Working under the supervision of the AVP Financial Reporting. Operating within Chubb Reinsurance Services policies and procedures.

Responsibilities:

• Manage Collateral, including handling increases, decreases and establishing new LOC’s within our database and establishing, maintaining and updating Trust balances. Preparing Peoplesoft ledger reconciliations for our Canada reinsurance group and preparing various management reports used for internal reporting
• Work internally and with third party reinsurers and banks
• Ability to interpret various collateral and Trust agreement wordings and comply with contractual requirements
• Assist with the preparation of monthly and quarterly reporting
• Prepare manual journal entries
• Research and resolve accounting and statistical discrepancies

• Bachelors Degree  in Accounting, Finance, Mathematics, Actuarial, Business, or related
• 0 to 2 years of reinsurance or accounting experience
• Excellent organizational skills
• Ability to multitask and establish priorities to address objectives
• Ability to work independently and within a team
• Ability to identify/analyze situations or issues and determine practical/innovative solutions
• Excellent oral and written communication skills required
• Proficiency in Microsoft Excel, Microsoft Word, Microsoft Access and PeopleSoft is preferred