Bachelor's degree in finance, accounting, data analytics, or a related field.
3-5 years of experience in reinsurance, finance, or data analytics.
Strong communication skills for collaboration across teams.
Experience with large, complex datasets, including data cleansing and reconciliation.
Proficiency in Excel and Alteryx workflow development.
Curiosity about emerging technologies, including AI tools for analytics.
Responsibilities
Calculate and register reserve, loss, and premium adjustments based on reconciled data.
Prepare and distribute Excess of Loss (XOL) billings, coordinating with regional teams.
Generate and review Quota Share (QS) bordereau for accuracy before manager review.
Conduct monthly analysis of large claim movements by treaty and Business Unit.
Resolve broker and reinsurer billing disputes with timely responses.
Train and support Billing Analysts and Co-Ops; act as Tower Lead backup.
Lead process improvement initiatives to standardize or automate billing tasks.
Benefits
Opportunity for professional growth in a specialized field.
Exposure to advanced reinsurance processes and technologies.
Collaborative work environment with cross-functional teams.
Chance to lead process improvement initiatives.
Training and mentorship opportunities for career development.
Full Job Description
Job Description
The Senior COG Reinsurance Billing Analyst owns XOL billing and complex QS billing production for assigned programs within the Billing tower, reporting to the COG Reinsurance Billing Lead. This role operates with minimal day-to-day oversight, exercising independent judgment on complex calculation and billing processes.
Responsibilities
Calculate Reinsurance Transactions: Calculate and register reserve, loss, & premium adjustments based on reconciled data and application of appropriate contract wording. Prepare billing statements and adjusting entries as necessary to ensure correct P&L for both reporting and billing purposes.
Excess of Loss (XOL) statements: Prepare and distribute XOL billings, meeting contractual timeframes, liaising and coordinating with regional reinsurance/finance teams on shared programs, and acting as a key point of contact for certain strategic reinsurers which require advanced reporting and query resolution.
Quota Share (QS) Bordereau: Generate QS bordereau for complex programs. Perform first review of QS bordereau outputs generated by Billing Analysts for accuracy before manager review.
Large Claim Movement Analysis: Own monthly analysis of material assumed incurred loss movements in excess by treaty and by Business Unit in order to identify and action on large movements in claims.
Reinsurer & Broker Escalations: Resolve broker and reinsurer billing disputes and queries, providing timely responses as needed.
Analyst Support: Train and support the Billing Analysts and Co-Ops; act as Tower Lead backup on a rotating basis.
Process Improvement: Lead process improvement initiatives within assigned programs, identifying opportunities to standardize or automate recurring billing tasks.
Qualifications
Bachelor's degree in finance, accounting, data analytics, or a related field.
3-5 years of experience in reinsurance, finance, or data analytics.
Strong communication skills, with the ability to work across business and technology teams.
Experience working with large, complex datasets, including cleansing, transforming, and reconciling data from multiple source systems.
Proficiency in Excel and Alteryx workflow development.
Curiosity and initiative in exploring emerging technologies, including AI-assisted tools, to improve efficiency and accuracy in recurring analytical work.
Preferred Qualifications
Experience with Sapiens, PCW, or R360 reinsurance systems.
Familiarity with SQL and data visualization tools such as Power BI or Qliksense.
About Chubb
Chubb Limited is a Swiss-based global insurance company that provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance (A&H), reinsurance, and life insurance to a diverse group of clients. Chubb operates in 54 countries and territories and is the world's largest publicly traded property and casualty insurance company. The company has a long history, dating back to 1882, and has grown through a series of mergers and acquisitions. Chubb is known for its high-quality insurance products and services, as well as its strong financial performance and commitment to corporate social responsibility.
