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ACE American Insurance Company Senior Financial Analyst - Credit Management - 8538 in Philadelphia, Pennsylvania

Senior Financial Analyst - Credit Management - 8538

DESCRIPTION/RESPONSIBILITIES: Senior Financial Analyst - Credit Management

Description:  * Performs in-depth analysis of client financial statements and reports for prospective and existing cash flow programs. Develops questions and along with Credit Management SVP, holds conference calls with Treasurers and CFO's of companies to gain understanding of business model, future plans and financial statements. Assess the financial strength and credit worthiness of the client, assigns a financial rating or rejects the program from a financial standpoint.  * Reviews account design with the business unit underwriters and Credit Management SVP to maximize the marketability of programs while minimizing credit exposure and losses when determining the amount and type of collateral.  * Assists in controlling the adequacy, appropriateness and quality of collateral held for cash flow programs. Confirms that collateral provides proper financial security and conforms to statutory requirements. Negotiates and consults with business units, home office personnel, banking and financial institutions, brokers, clients and legal counsel regarding collateral requirements, collateral type, program agreement requirements, adequacy, form and content.  * Assists in the responsibility of implementation of credit aspects of program; documents reflect requirements properly and collateral is received as agreed in those documents.  * Assists in the preparation of various financial reports for management reporting. Reports include management internal control reports as well as contributing to P&C statutory reporting to ensure that collateral is correctly reported and CHUBB is in compliance with statutory requirements with regards to non-admitted reinsurance.  * Support Credit Management SVP in financial review responsibilities, bankruptcy management and internal procedures of supported business units. Provide technical support and assistance of a financial nature to all disciplines within the insurance industry.  * Interfaces with numerous other CHUBB units and departments while coordinating and implementing special financial service requests for clients and business units. Monitors implementation of service requests which are approved by Credit Management.

QUALIFICATIONS  * BS/BA in Accounting or Finance.  MBA or CPA or working towards desired  * 3 years business experience in financial or accounting functions.  Preferably in Insurance industry  * Knowledge of banking and financial institution practices including credit evaluation  * Knowledge of Insurance industry including large risk cash flow programs and statutory insurance would be preferable  * Strong interpersonal, negotiating and communication skills  * Able to work independently  * Demonstrated integrity and dedication  * Light travel required

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.  

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