Senior Multinational Claims Billing Analyst

Chubb

  • Philadelphia, PA
  • Permanent
  • Full-time
  • 28 days ago
Job Category: Reinsurance ReceivablesJob Description:Senior Multinational Claims Billing AnalystThe Chubb Global Services (CGS) group focuses on delivering superior clients services to Chubb's multinational business across Chubb's diverse product line. The CGS Finance group oversees global money movement, billing and collections of reinsurance and deductibles, reporting, and overall multinational guidance and strategy.Reporting Relationship:The role will report to Chubb Global Services Manager of Claims Billing. The individual will communicate directly with internal management and other interdepartmental groups to resolve issues and provide ad hoc support when requested. There will also be opportunities to interact directly with our brokers, insureds, reinsurers, and risk managers to help resolve issues or concerns.Key Responsibilities:The analyst is responsible for calculating, billing, and notifying the insured and reinsurers of invoices on behalf of Foreign Produced Business Units. This involves notifying insured/reinsurers on a timely basis, preparation of billing packages to ensure accurate billing. Some work will pertain to complex claim issues and may involve difficult presentations to external and internal contacts.
  • Read an Interpret Binders, Policy Endorsements, and Reinsurance Agreements on complex cash flow accounts produced from US and overseas offices
  • Work with Global Services and Overseas offices to provide presentations on billing capabilities as well as implementation for successful processing of loss billing
  • Analyze and assess business situations, conceive appropriate translation for various systems, and design response to all levels
  • Create the appropriate insured and reinsurance calculations, in multiple currencies, in billing system from weekly feeds for payments and reserves
  • Work independently on system enhancements and any new business study that requires system changes to our claims reinsurance process
  • Create and execute special projects relating to quality control of our claims stat and accounting practices and provide additional insight for corrective actions
  • Manage and action workflows and reports created from weekly loads for appropriate attachment to contracts for billing.
  • Ability to understand and document custom cash flow accounts to recommend and execute processes and ensure accurate billing.
Qualifications:Qualifications:
  • B.S. degree in Business, or additional related field
  • 2 to 4 years of claims reinsurance or insurance industry experience
  • Excellent communications skills to articulate to various levels of internal and external management within a global environment.
  • Claims Reinsurance experience preferred
  • Effective problem solving and analytical ability.
  • Ability to work effectively on a team as well as individually to self-manage own processes.
  • Advanced skill level in Excel preferred.
About Us:Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

Chubb