Senior Treasury Analyst

Position Summary:

The Senior Treasury Analyst supports the Company’s treasury operations, reinsurance administration, and capital and corporate finance activities. The position performs cash management, cash forecasting, banking administration, reinsurance support, intercompany settlement, and capital activity tracking. The role prepares analysis for the Treasurer and works with Finance staff and business partners. This is an individual contributor position and does not supervise staff.

Duties and Responsibilities:

General Responsibilities

• Contributes to department goals and objectives.
• Follows department policies, procedures, quality standards, and safety standards.
• Demonstrates Chesapeake’s Values and Behaviors.
• Maintains records, procedures, and controls for assigned functions.
• Protects confidential financial and banking information.
• Works with Finance staff and business partners to complete assigned responsibilities.

Treasury Operations

• Serve as a primary liaison with banking partners for day-to-day treasury operations and issue resolution.
• Prepares daily cash position reports and short-term and long-term cash forecasts.
• Monitors cash balances and funding needs across bank accounts and legal entities.
• Supports wire transfers, ACH transactions, account funding, and other cash movements.
• Maintains bank account, authorized signer, user access, and banking service records.
• Supports treasury reporting, fraud prevention controls, banking relationships, and coordination of cash-related accounting activity.

Bank Reconciliations and General Ledger Support

• Reviews or supports monthly bank reconciliations for Chesapeake, IWIF, and Chesapeake subsidiaries.
• Reviews or supports general ledger entries related to cash activity, intercompany settlements, bank fees, reinsurance settlements, and other treasury transactions.
• Coordinates to ensure bank activity is recorded accurately, completely, and in the proper legal entity.
• Identifies recurring reconciliation issues, process gaps, or timing differences and recommends improvements.

Reinsurance Administration

• Supports the administration of the Chesapeake and IWIF reinsurance programs.
• Assist in gathering and preparing information for treaty renewals and renewal submissions.
• Prepares reinsurance billings, settlements, collections, reconciliations, and supporting schedules.
• Monitors amounts due to and from reinsurers and follows up on open settlement items.
• Coordinates with brokers, reinsurers, actuarial staff, Claims, Accounting, and other business areas.
• Supports claim reporting, commutations, audits, and information requests.
• Maintains reinsurance agreements, process documents, contacts, controls, and reporting requirements.

Capital and Corporate Finance Support

• Tracks capital contributions, dividends, intercompany settlements, and other capital transactions.
• Prepares schedules and analyses to support liquidity, capital, and funding decisions.
• Supports cash transfers and settlements among the Company and affiliated legal entities.
• Reconciles intercompany balances and coordinates the resolution of outstanding items.
• Supports statutory deposits, restricted funds, and legal entity cash requirements.
• Maintains records supporting capital transactions, funding sources, bank accounts, and approval requirements.

Projects and Process Improvement

• Supports Finance projects, systems work, banking changes, and treasury and reinsurance processes for new legal entities and states.
• Identifies process and control gaps, recommends changes, and maintains procedures for assigned functions.

Other Duties as Assigned

• Performs other duties and project work as assigned.

Knowledge, Skills and Abilities:

• Knowledge of treasury operations, cash management, banking, and financial controls.
• Working knowledge of accounting, reinsurance administration, and intercompany transactions.
• Ability to prepare cash forecasts, reconciliations, schedules, and financial analyses.
• Ability to manage deadlines, investigate differences, and raise issues that require management action.
• Ability to communicate with banks, brokers, reinsurers, auditors, and business partners.
• Skill in Microsoft Excel, Microsoft 365, banking platforms, and financial systems.

Minimum Qualifications:

• Bachelor’s degree in accounting, finance, business administration, or a related field.
• Five years of experience in treasury, accounting, corporate finance, reinsurance, or a related financial function.
• Experience with cash management, bank reconciliations, financial reporting, or account analysis.
• Experience preparing financial schedules, reconciliations, and management reports.
• Experience using Microsoft 365 and financial systems.

Preferred Qualifications:

• Experience in the insurance industry.
• Experience with statutory accounting, reinsurance, multiple legal entities, or capital activity.
• Certified Treasury Professional, CPA, or another finance credential.

Physical Demands:

This job description is intended to describe the general nature and level of work being performed. It is not an exhaustive list of all responsibilities, duties, and skills required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of the job, the teammate is regularly required to sit, use hands to finger, handle or feel objects, tools or controls; and reach with hands and arms. The teammate is occasionally required to stand, walk, stoop, kneel, crouch, or crawl. The teammate may occasionally lift up to 30 pounds. Specific vision abilities are required, including close vision, peripheral vision, and the ability to adjust focus.

When in the office, the teammate must be able to work in an office environment where the noise level is moderate.