Description

JOB DESCRIPTION

Chubb is seeking an Assistant Vice President to lead the development of annual, monthly, and quarterly forecasting plans and results analysis. This role will support the financial, operational, and strategic needs of Commercial Insurance (CI), including Line of Business, Industry Vertical, and Field leadership, as well as North America Finance deliverables. Key responsibilities include overseeing components of the monthly and quarterly accounting close, financial planning and analysis, forecasting, and compiling, reviewing, and reporting financial and operational data and metrics.

The Assistant Vice President will deliver accurate and concise reporting to finance and business management. Additionally, this role will contribute to system improvements, integration activities, data quality enhancements, and lead various related projects.

This is a hands-on leadership role within the Commercial Insurance finance team, reporting to the VP of Finance. Success in this position requires strong accounting and analytical skills, ownership of tasks, problem-solving abilities, project management expertise, and the ability to build relationships. A commitment to continuously improving knowledge of commercial lines finance and insurance is essential.

Key Responsibilities:

Provide management and business partners with accurate and timely financial and operational information/support so informed business decisions can be made. This will occur through the completion of the following.

• Prepare and analyze monthly, quarterly, and year-to-date (YTD) profit and loss (P&L) statements, comparing results to plans, forecasts, and prior periods. Provide detailed metrics and insights on premium production, reinsurance, losses, acquisition costs, and expenses. Document and explain financial results, unusual trends, or variances, and follow up on issues until resolved.
• Review, clean, and analyze financial and operational data. Draw conclusions, provide recommendations, and communicate findings clearly.
• Collaborate with Commercial Insurance business partners (e.g., line of business, industry verticals, regional teams) to support financial reporting, planning, forecasting, and data analysis needs.
• Partner with cross-functional teams (e.g., product, industry, regional business, IT, North America Finance, Reinsurance, Actuarial, and Data Analytics) to develop forecasts, analyze production results, and enhance reporting.
• Create and maintain management reports, ensuring they meet stakeholder needs.
• Assist in developing and implementing strategies and tactical actions to improve workflows and processes for greater efficiency and effectiveness.
• Support pre-bind and post-bind processes to monitor and enhance key financial and operational performance drivers.
• Manage specific monthly/quarterly reporting tasks, including standalone reporting for MCC, Industry Verticals, or Regional teams.
• Contribute to documenting, developing, and improving financial and operational processes.
• Participate in projects focused on data quality, system implementations, and process improvements.

Requisition #: 25592

6ahf9io63