Chubb logo

Chubb Associate - Operations, Technology & Transformation Finance

Chubb
Full-time
On-site
Philadelphia, Pennsylvania, United States
Insurance/Real Estate
Description

Our Chubb Associate Program is a great starting point for individuals seeking an entry-level role in the insurance industry. Our Chubb Associate roles offer growth opportunities and serve as a foundation for a career in insurance, while being supported by our experienced team members. 

By joining the Chubb Associate Program, you will be part of a cohort of top early career talent who will participate in a robust, comprehensive technical and experiential learning journey. Our two-year program is designed to accelerate your development, enhance your network, support you in reaching your career goals and enable you to contribute to the future success of Chubb. 

As a Chubb Associate, you will be in a full-time position 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 former Chubb Associates 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.


Qualifications
  • Bachelor's degree in Finance, Accounting, Business, or related field. Advanced degree is a plus.

  • GPA of 3.0 or above required.

  • Preferred prior work experience, including but not limited to summer jobs, part-time roles, or internships.

  • Preferred leadership experience, including but not limited to work, involvement in community service, athletics, clubs, or other activities.

  • Excellent analytical and problem-solving skills with attention to detail.

  • Effective communication and interpersonal skills, with the ability to collaborate across departments and levels.
  • A proactive mindset with the ability to manage multiple priorities and meet deadlines.