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NA Financial Ops Associate - 1099 Reporting (Finance)



JOB DESCRIPTION

NA Financial Ops Associate - 1099 Reporting

The NA Financial Ops Associate - 1099 Reporting primarily is responsible for a range of IRS compliance activities, including 1099, W9s, and backup withholdings.

This position is part of North America Financial Operations, as part of the AP Compliance Team, with an onsite location in the Richmond (Indiana) Operations Center. This role works under the guidance of the AP Compliance Team's Supervisor, in conjunction with the 1099 Lead. Key responsibilities include assisting in data validation and remediation, the preparation of annual 1099 statements, and providing internal and external stakeholder support.

Key Responsibilities:
Work with 1099 reporting vertical to accomplish tasks against the annual plan, including mailings, due diligence activities, and data management:

  • Complete transactional processing, as required for all 1099 reporting processes.
  • Analyze, research, and correct data.
  • Work 1099-related email boxes and phone lines / voicemails, as assigned. Assist with resolution of 1099, W-9, and backup withholding issues.
  • Maintain SOP's related to functional area. Evaluate processes for improvement opportunities.
Additionally, complete assigned activities for the overall AP - Compliance team:
  • Maintain EFT payment information for businesses for one of Chubb's affiliates.
  • Assist with ad hoc requests and projects, related to IRS reporting and / or the AP - Compliance team, as needed.
  • Ensure all processes comply with Chubb's data security and access policies, systems security and access policies, and process controls.
  • Develop strong working relationships with team members and business partners.

QUALIFICATIONS

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.

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