Jobs in Bryn Athyn, PA

Job Summary:

The Senior Financial Analyst Credit Management will support the assessment and mitigation of direct and indirect credit risk to Chubb across a broad range of credit counterparties within various industries and geographies, with the role including but not limited to analysis of credit counterparty financial strength and credit quality, assisting and advising on appropriate credit risk mitigation measures, preparing and discussing recommendations and findings with management and other stakeholders as required, and completing associated administrative, contractual, and reporting functions.

Credit counterparties in scope represent entities with contractual payment or reimbursement obligations to Chubb, namely insureds with large deductibles/retained risk, captive reinsurers, brokers, agents, MGAs, vendors, third-party administrators, and collateral-issuing providers.

Critical factors to succeed include strong written and oral communication skills, attention to detail, organizational skills, ownership and accountability, track record for delivering desired outcomes within prescribed timeframes, willingness to learn and further development, and ability to thrive in a fast-paced environment.

Responsibilities:

• Assess Counterparty Credit Quality
  • Perform due diligence and financial assessment of counterparty credit quality for both existing programs and prospective new business opportunities, which includes an in-depth analysis of financial statements and associated MD&A, forecasts, business model and strategy, industry and macroeconomic factors, as well as other publicly available information and/or information from direct Q&A with qualified counterparty sources.
• Consult on Program Structure / Collateral Requirements and Collateral Form
  • Collaborate with Underwriting, Actuarial, Legal, and other internal stakeholders as necessary on the appropriateness of the program design, and ensure the collateral determination and adequacy adheres to guidelines and delegated authorities.
  • Engage with Legal to incorporate required credit-related language into program agreements and contracts, as well as preferred and negotiated collateral language.
  • Review and approve collateral amount, collateral form, collateral language, and collateral-issuing provider for acceptability and compliance within corporate standards and regulatory requirements, specifically as pertains to Letters of Credit, Trusts/Pledge Agreements, Surety Bonds, and Cash/Escrow deposits.
• Manage Counterparty Credit Risk / Minimize Credit Losses / Promulgate Guidelines
  • Interface with various internal and external stakeholders on credit-related matters and deliverables.
  • Ensure receipt, care, custody, and control of incoming collateral instruments and associated documentation.
  • Assist with Bankruptcy & Insolvency Management.
  • Provide and maintain internal control reports and status reports on credit-related items including outstanding collateral and documentation.
• Engage in Special Projects or Ad-hoc Assignments

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• You will be identifying and associating metals, alloys and filler metal by color code and standard markings.
  
• You will be producing welds to the acceptance standards of NDT, strength, tightness or pressure tests.
  
• You will be using test methods for determining metals or alloys.
  
• You will be inspecting completed welding projects.
  
• You will be using various welding machines and welding processes to weld piping parts or structures.
  

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• Must be a US Citizen.
  
• Must be determined suitable for federal employment.
  
• Must participate in the direct deposit pay program.
  
• New employees to the Department of the Navy will be required to successfully pass the E-Verify employment verification check. To learn more about E-Verify, including your rights and responsibilities, visit
  
• Within the Department of Defense (DoD), the appointment of retired military members within 180 days immediately following retirement date to a civilian position is subject to the provisions of 5 United States Code 3326.
  
• Males born after 12-31-59 must be registered for Selective Service.
  
• This may be a bargaining unit position.
  
• You may be required to successfully complete a pre-appointment physical examination.
  
• You will be required to obtain and maintain an interim and/or final security clearance prior to entrance on duty. Failure to obtain and maintain the required level of clearance may result in the withdrawal of a job offer or removal.
  
• This is a Drug Testing position. Successful completion of a pre-employment drug test (including marijuana) is required.
  
• A tentative offer of employment will be rescinded if you fail to report to the drug test appointment or fail the test. You may be subject to random drug testing.
  
• You may be required to wear personal protective equipment such as helmets, gloves, coveralls, glasses, goggles, respirators and safety shoes continuously for the duration of the work shift
  
• Work may be performed in areas where potentially harmful physical and chemical agents are present (e.g. fumes, dust, heat, ionizing and non-ionizing radiation and chemicals). You may be required to participate in medical surveillance programs.
  
• This position may require exposure to high noise levels.
  
• This position may require travel from normal duty station to CONUS and OCONUS and may include remote or isolated sites. You must be able to travel on military and commercial aircraft for extended periods of time
  
• This position may be subject to work an uncommon tour, including nights, weekends, and holidays to meet mission requirements. Overtime or night differential pay and/or unusual duty hours may be required.