Description

JOB DESCRIPTION

Our Internship Program is an excellent starting point for individuals seeking to learn more about the insurance industry at one of the world's leading P&C insurance companies. As an underwriting intern, you'll have the chance to learn how advanced tools determine what risks Chubb can help cover. You will experience how to take difficult situations and exposures and help people and businesses face them with confidence. Our program offers the opportunity to learn, grow, and build professional skills while being supported by our experienced team members. Successful participants in the program may have the opportunity to return to Chubb as a full-time employee or future intern, depending on their graduation date.

As part of our internship program, you will receive:

• Targeted business training designed to help you refine your professional skills and acumen critical to the success of Chubb professionals.
• Technical training to deepen your skill level within your chosen discipline and an understanding of our broader industry.
• Access to additional training to compliment your professional development.
  

As an Intern, you will be on the Global Ops & Optimization team, and you will experience:

• Challenging assignments and the opportunity to contribute to the results of a team.
• Collaborative learning and group assignments with your cohort to help gain broader organizational understanding.
• Technical training to develop an understanding of our industry and deepen your skill level within your chosen discipline.
• Personalized development opportunities to help your immersion into a professional work environment and support your career goals.
• Executive engagement allowing you the opportunity to network and learn from Chubb's thought leaders.
• Mentoring support from your manager and teammates to help you navigate through professional situations.
  

Specific Responsibilities:

• Financial Analysis and Governance:
• Develop and maintain detailed financial models to support real estate transactions and global operations, enabling informed decision-making.
• Assist in the preparation and vetting of Real Estate Approval Papers through the established governance process to ensure compliance with financial standards and policies.

Cost-Benefit Analysis (CBA):

• Conduct thorough reviews and control checks of CBAs, evaluating project feasibility, risks, and potential financial impacts.
• Track and monitor ongoing CBA benefits and costs to ensure alignment with forecasted outcomes, providing regular updates to key stakeholders.

Financial Planning & Analysis (FP&A):

• Manage the annual budget process, including the preparation of the 5-Year Strategic Plan and ongoing financial forecasts for real estate and global operations.
• Lead the consolidation of global operations financial reporting, providing comprehensive insights into performance across regions.
• Generate and analyze variance reports to identify discrepancies between actual and forecasted performance, facilitating timely corrective actions.

Collaboration with Real Estate & Data Leadership:

• Engage with leaders to address and clarify inquiries regarding CBAs and financial reporting, ensuring that business decisions are informed by accurate financial data.
• Collaborate with RE & Data teams to optimize financial data analytics tools and reporting systems, enhancing the overall efficiency of data processes.

Stakeholder Management and Reporting:

• Interface with a variety of stakeholders, including regional directors, program managers, and transaction leads to gather insights and validate financial data.
• Prepare and present financial reports that highlight portfolio performance, compliance metrics, and strategic recommendations to senior leadership.

Requisition #: 31558

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