Chubb Associate Program

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.

ABOUT THE CHUBB ASSOCIATE PROGRAM (CAP):
As part of the CAP program you will be part of an experience that supports the well-rounded development of critical business skills which in turn contributes to the future success of our company. Our two year program is designed to include hands-on business assignments in one of a variety of disciplines, interactive classroom instruction, team assignments and direct interaction with other early career professionals as well as experienced professionals and engaged leaders. 
 

CAP is a truly blended curriculum that includes coordinated classroom training, webinar training, online self-study, on-the-job learning, group project work, mentoring and networking. As part of CAP, you will receive: 

• Challenging assignments and the opportunity to contribute to the results of a team;
• Collaborative learning and group assignments with program members to help gain broader organizational understanding;
  Technical training to deepen your skill level within your chosen discipline and an understanding of our broader industry.
• Interpersonal effectiveness skill development to help you enhance communication and interactive skills;
• Executive engagement allowing program members the opportunity to network and learn from Chubb’s thought leaders; 
• Peer mentoring support to help members navigate through professional situations in their early development; 
• A pathway to leadership development opportunities and global assignments. 

From Day One, you will play an active role within the organization by developing new ideas, having exposure to new business opportunities, and providing service to an existing renewal portfolio. To be successful, you will need to cultivate and maintain strong relationships with our brokers and interface with them to develop winning solutions. Your analytical abilities and strong broker relationships will help Chubb grow profitably and reach our overall business targets.  

TRANSACTIONAL RISK UNDERWRITING OVERVIEW:
Associates on Chubb’s Transactional Risk Team play a critical role in evaluating and underwriting risks related to mergers and acquisitions (M&A), primarily focused on representations and warranties insurance. You will assess the unique risks associated with each transaction, determine if they align with Chubb’s underwriting criteria, and decide whether to approve, decline, or negotiate the terms of coverage.

From day one, you’ll immerse yourself in the world of transactional risk by learning how to analyze complex deal structures, review financial statements, confidential information memorandums, and legal documentation (such as purchase agreements and disclosure schedules), and identify key exposures that could impact the parties involved. You’ll be entrusted with a portfolio of deals to manage, and your success will be driven by your initiative and analytical skills.

Building and maintaining strong relationships is essential. You’ll work closely with external brokers, M&A advisors, legal counsel, and other stakeholders to understand the nuances of each transaction and the specific needs of their clients. Your ability to communicate clearly and build trust will encourage brokers and advisors to bring their business to Chubb.

Once a submission is received, you will conduct thorough due diligence—reviewing financial statements, legal documents, and risk factors—to evaluate whether the risk is acceptable. You’ll collaborate with internal experts, including legal, claims, and actuarial teams, to develop tailored policy wording and pricing. Finally, you’ll negotiate terms and market our solutions to brokers and clients, aiming to secure new business and retain existing relationships in a highly competitive marketplace.

In addition to underwriting M&A transactions, you will have a variety of operational responsibilities, including assisting with NDA reviews, file management, underwriting counsel liaison, providing live deal support to senior underwriters and collaborating with our operations department to ensure local systems logging.
 

FINANCE OVERVIEW

In this role, you will not only learn the foundations of financial accounting within the insurance industry but will be able to build on that knowledge to contribute meaningfully to short and long-term projects. You will have the opportunity to rotate within the 4 main areas of Finance: Financial Planning & Analysis, Treasury, Tax, and Financial Reporting. 

Major Responsibilities: 

• Assist with daily treasury and cash management functions, including review of daily bank balances, preparing cheque control registers, and making daily bank deposits. 
• Prepare daily, monthly and quarterly journal entries to support both the treasury and financial reporting teams. 
• Forecasting revenue growth, expense management, and overall Profit & Loss by business segment. 
• Perform general ledger account reconciliations for accounts associated with Chubb Insurance Company of Canada, as well as its various affiliates. 
• Manage the Company’s six-week cash forecast.
  Assist in Premium, Expense and Profitability Budget preparation, coordination, ongoing monitoring and control.
• Other project work as required. 
  
   

Transactional Risk Qualifications

• Completion of a Bachelor of Commerce or Bachelor of Business Administration with  strong to above-average grades. 
• Internship experience or demonstrated interest in M&A, Transactional Risk, Insurance or Financial Services is considered an asset.
• Organized, and able to work in a fast-paced environment with tight deadlines and deal-time pressures. 
• Proficiency in the use of AI and spreadsheets and the ability to create, organize, and analyze data.
• Proven leadership and decision-making skills.
• Proven interpersonal and team-building skills, with an ability to work effectively with colleagues at all levels.
• Must demonstrate integrity, enthusiasm, and drive to deliver team and corporate goals.
• Aptitude for evaluating, analyzing, and interpreting information.

• Exceptional oral and written communication skills, negotiation skills.

   

Finance Qualifications 

• Completion of a Bachelor of Commerce or Bachelor of Business Administration, with a specialization or focus in accounting.
• Strong knowledge of and comfort working with Microsoft Office suite of products (particularly Excel and Word).
• Ability to operate in a dynamic and changing environment.
• Strong initiative and the ability to meet new challenges with a positive and proactive attitude.
• Strong time management skills with attention to both detail and the big picture.
• Excellent communication skills and a solution-oriented approach to problems.
   

Please submit a cover letter, resume, and unofficial transcript as part of your application.

This job posting is for an existing vacancy. Chubb Canada does not use artificial intelligence (AI) tools to assess, screen, or select applicants.

At Chubb we are committed to providing equal employment opportunities to all employees and applicants. It is our policy to provide equal employment opportunities to employees and applicants based on job-related qualifications and ability to perform a job.  If you require an accommodation during the hiring process or upon hire, please inform Human Resources.  If a selected applicant requests accommodation during the recruitment process, Chubb will consult with the applicant in order to provide suitable accommodation that takes into account the applicant’s accessibility needs.