Chubb · 2 months ago
Accountant I
510 Walnut Street, Philadelphia, PA, 19106, US
Full-time
Onsite
New Grad, Entry LevelChubb is a leading company in the reinsurance finance sector, and they are seeking an Accountant I to assist in collateral management and financial reporting. The role involves maintaining collateral records, performing general ledger reconciliations, and supporting internal management reporting.
Commercial InsuranceFinancial ServicesHealth InsuranceInsuranceMortgageRisk Management
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
Qualification
Required
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
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
Company
Chubb
Chubb is a mortgage firm that offers risk management, property, health, personal, business, health, home, and life insurance.
Founded in 1985
10001+ employees
H1B Sponsorship
Chubb has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
$10.25BKey Investors
Berkshire Hathaway
2025-08-04Post Ipo Debt· $1.25B
2024-07-29Post Ipo Debt· $1.3B
2024-05-15Post Ipo Equity· $6.7B
Leadership Team
Annmarie Dugan Hagan
CFO Operations Technology & Transformation Chubb Group
John Keogh
President & Chief Operating Officer
Recent News
Media OutReach Newswire
2026-01-22
Beinsure - Insurance, Reinsurance, InsurTech Insights
2026-01-14
2026-01-08
Company data provided by crunchbase