Description

JOB DESCRIPTION

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

Requisition #: 27272

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