Co-op Global Treaty Finance Operations - Philadelphia, United States - Combined Insurance
Description
Summary:
Global Treaty Affiliate Operations team manages $4 billion in revenue of internal reinsurance.
The Co-op will assist the team in their collaborations with various colleagues globally in 54 countries supporting the Chubb Overseas General segment.
Duties and Responsibilities:
- Assist in the preparation of internal reinsurance settlements, booking of affiliated reinsurance transactions, and maintaining the reconciliation of our 54 affiliated countries' subledgers across Europe, Latin America, and Asia Pacific regions
- Update cash flow forecasts across various currencies for anticipated receipts/payments in support of Treasury
- Prepare and record journal entries in PeopleSoft and compile supporting documentation as required by SOX compliance
- Utilization of COGNOS to run queries to update monthly schedules for analyses of reinsurance activity
- Assist with monthly and quarterly close by running and updating key schedules to support the team's closing deadlines
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