Head of Financial Compliance, Chubb Life (Finance)

JOB DESCRIPTION

Head of Financial Compliance, Chubb Life

Chubb Life is a growing Segment within Chubb Limited, with operations in more than a dozen countries/markets around the world generating annual premiums and deposits in excess of $7 billion. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris, Hong Kong and other locations, and employs approximately 40,000 people worldwide.

Job Summary and Reporting Relationship:

We are seeking a highly skilled and experienced individual to lead the SOX Control and Life Accounting Policy Compliance efforts as the Head of Financial Compliance for International Life. This role will be primarily responsible for:

• Leading development and execution of the overall strategy, implementation, and compliance of the Sarbanes-Oxley Act (SOX) compliance programs at both local operation and Global Office (GO) level; and
• Developing, implementing, and monitoring the compliance with International Life and Corporate accounting & reporting policies and the related accounting procedures.

The individual will play a critical role in enhancing our internal controls over financial reporting, and ensuring adherence to the established accounting & reporting policies. This role will closely collaborate with local and GO Controllership & Actuarial team and Corporate Accounting & Finance, as well as other key stakeholders. The Head of Financial Compliance will report to the Global Financial Reporting Controller of International Life.

Primary Responsibilities:

• SOX Compliance
  • Develop and execute a comprehensive SOX compliance strategy aligned with Segment and Corporate goals and requirements
  • Oversee the design, implementation, maintenance and documentation of the Segment and Corporate's internal control framework to ensure the effectiveness of controls over financial reporting
  • Foster strong working relationships with key stakeholders at local, GO and Corporate level, including Controllership, Actuarial valuation, Operations, IT and internal/external auditors, to promote a culture of compliance
  • Develop and implement training programs to enhance awareness of SOX compliance and promote a culture of accountability and continuous improvement throughout the Segment
• Accounting Policy Compliance
  • Create, review, and update Chubb Life specific accounting & reporting policies to ensure alignment with applicable Corporate policies and applicable accounting standards under US GAAP
  • Regularly review significant financial transactions and processes to ensure compliance with established accounting policies
  • Build and maintain relationships with key stakeholders across Life Segment and Corporate finance function to ensure alignment and support for compliance initiatives
  • Work with local markets to ensure accounting practices are well documented and in compliance with Segment and Corporate policies
  • Serve as the main point of contact for internal and external auditors, providing necessary documentation and addressing inquiries related to accounting policy compliance
  • Communicate accounting policies to relevant stakeholders and provide training to finance staff and other departments on compliance procedures

QUALIFICATIONS

• Bachelor's

  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.