Warren NJ

Whitehouse Station NJ

Part Qualified

Associate

Qualified

Senior Actuary

Life

Investments

Health

Property & Casualty

Reserving

Reporting

Risk

Systems

Python

Modelling

Data Science

Coding

Pricing

Machine Learning

Valuation

Capital

Igloo

Tableau

AXIS

This role operates on a hybrid schedule and is based in our Whitehouse Station, NJ office supporting ChubbPersonal Risk Services (PRS). The PRS Actuarial team is responsible for providing the financial analysis necessary for Chubb to sustain profitability and maintain a competitive position within the personal lines market. Expect significant interaction with Product Management, Data Sciences, State Filings, and IT, as well as contact with our Corporate Actuaries, Underwriting, and Claims.MAJOR DUTIES & RESPONSIBILITIES:<ul><li>Produce state-level indications and territorial pricing analyses; present key findings to actuarial and business management.</li><li>Collaborate with Product Managers to develop proposals for strategic pricing revisions as well as the implementation of the Homeowners By-Peril rating plan; quantify impacts of rate change proposals and communicate findings to management via clearly laid out reports, presentations, and exhibits.</li><li>Craft actuarial state filing documents to satisfy regulatory requirements and pursue approval from state departments of insurance.</li><li>Participating in the annual countrywide Profitability Study and other Homeowners strategic projects, as assigned.</li><li>Providing prompt responses to business requests and operational demands.</li></ul>Qualifications<ul><li>Bachelor's or master's degree in Actuarial Science, Mathematics, Statistics, Finance, or similar technical discipline.</li><li>3+ years of experience in property/casualty actuarial disciplines; personal lines ratemaking or reserving experience is a plus.</li><li>3+ actuarial exams</li><li>Strong analytical skills with the ability to provide clear and concise verbal and written communications of analyses, financial results, and work products.</li><li>Excellent organizational skills along with the ability to maintain adequate documentation and record keeping.</li><li>Experience in a programming language such as SQL, Python or R.</li></ul>About UsChubb 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.

OverviewThis Assistant Vice President and Lead Actuarial Data Analyst position is responsible for creating/managing data pipelines, delivering on reporting projects, and positioning Commercial Insurance (CI) Actuarial team to maximize analytical insights in support of the Commercial Insurance Division.The role is based in our Whitehouse Station, NJ office (location flexible) and reports to the Data, Systems, & Strategy Lead for CI Actuarial. There is flexibility to fill this position at a lower job grade for a qualified candidate with less than 7 years of experience.Duties and Responsibilities<ul><li>Provide data preparation and data management support to Commercial Insurance Actuarial Team across all product lines</li><li>Develop dashboards and analytical tools to support actuarial rate monitoring and underwriting portfolio monitoring</li><li>Work with the IT and predictive analytics teams to support strategic initiatives</li><li>Help identify, analyze, and interpret trends or patterns in complex data sets</li><li>Special projects and other ad-hoc requests</li></ul>Qualifications<ul><li>Education and Experience</li><li>A bachelor's degree or higher in a quantitative field, such as Computer Science, Mathematics, Actuarial Science, Statistics, Finance, Economics, or a related discipline.</li><li>7+ years of relevant experience in data, analytics, actuarial work, or a related field.</li><li>Experience working with Property & Casualty actuaries, preferred but not required</li><li>Experience processing and manipulating various types of data, including policy and claim level data.</li><li>Extensive experience in working with relational databases and proficiency in writing complex SQL queries and/or leveraging Spark-based frameworks for data analysis and manipulation.</li><li>Demonstrated experience using data visualization tools like Qlik, Looker, Tableau, or equivalent software to effectively communicate insights and findings visually.</li><li>Familiarity with fundamental concepts in statistics and data science, including statistical analysis, data modeling, machine learning, and data exploration techniques.</li></ul><ul><li>Required Skills</li><li>Excellent analytical and problem-solving skills essential for success in this role.</li><li>Proficiency in at least one programming language commonly used in data analysis and manipulation, such as Python, R, Scala, or similar languages.</li><li>Strong organizational and documentation skills, including the ability to prioritize multiple deliverables and manage time effectively to meet deadlines.</li><li>Strong collaboration skills, working effectively with individuals from diverse backgrounds and disciplines.</li><li>Excellent interpersonal and communication skills, including clear and concise verbal and written communication with stakeholders at various organizational levels.</li><li>Desire to work in a fast-paced, dynamic environment, adapting to new challenges and opportunities. We value adaptability, resourcefulness, and a growth mindset.</li></ul>About UsChubb 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.

The VP, Actuarial Transformation Lead will lead the successful Actuarial transformation to a modern and efficient process that contributes directly to Chubb's goals and objectives. Initial focus areas for this role include the life cycle of profitability analysis and planning, digital insight delivery, talent development and enablement, and pricing and rating modernization.The Transformation Lead reports to the Chief Actuary of North America, with matrix reporting into North America Corporate Actuarial. This role also partners with North America Actuarial Leaders, Information Technology and the business units to identify opportunities for automation and process improvement, and will drive these opportunities through design, development and implementation through benefit realization.Primary Responsibilities:<ul><li>Develop and execute Actuarial strategy, including assessing current services and their alignment with business goals, and identifying opportunities for improvement.</li><li>Work closely with actuarial teams and committees to improve transparency, reduce manual data adjustment, and increase efficiency and talent utilization.</li><li>Develop and prioritize solutions, including overseeing and managing technical delivery from vendors, offshore teams, and internal Actuarial and IT teams.</li><li>Facilitate change management and implementation strategies, ensuring user testing and pilots are conducted successfully.</li><li>Implement training and tools to promote technical excellence and cultural transformation.</li><li>Establish a monitoring and measurement framework to assess both financial return on investment and qualitative business impacts.</li></ul>Additional Responsibilities:<ul><li>Build and maintain a strong understanding of relevant industry trends, including Actuarial and Digital Transformation trends.</li><li>Build and maintain an in-depth understanding of business process and products across Actuarial and IT and establish strong working relationships with business leaders, functional counterparts and vendors.</li><li>Provide thought leadership for solutions to emerging business problems.</li><li>Coach and proactively promote the skills development of junior staff.</li><li>Ensure documentation is thorough, captured appropriately, meets best practices and compliance standards and is easily assessable to the team members.</li></ul>Skills:<ul><li>Business acumen and vision.</li><li>Technology acumen.</li><li>Broad experience in Actuarial pricing and reserving roles.</li><li>Consultative skills with ability to listen, define business objectives, generate enthusiasm, and drive cross-team collaboration and decision making.</li><li>Strong influence, facilitation, negotiation, and problem solving skills; able to work under pressure.</li><li>Process improvement and process design skills.</li><li>Clear communication.</li></ul>Experience:<ul><li>Bachelors required. ACAS or FCAS preferred.</li><li>10+ years of relevant Actuarial experience</li><li>4-6 years transformation and digital/ business process engineering/ business analysis experience, preferred</li><li>Experience as project manager or product owner of cross-functional teams</li><li>Experience implementing change initiatives, yielding the targeted return on investment and qualitative objectives</li></ul>About Us:Chubb is the world's largest publicly traded property and casualty insurer. 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.

The Senior Actuarial Analyst role will work in the Group Risk Modeling Unit (RMU) and support the integration of domestic and international life and long-duration accident and health (A&amp;H) operations into the group capital model.The successful candidate will work closely with different lines of business (Hospital cash, Critical illness, travel accident, etc.) and Life products (Traditional whole life, term, credit life, universal life, hybrid, etc.), and collaborate with a wide range of business counterparts to execute capital modeling objectives.Responsibilities:<ul><li>Facilitate the discussions and management of risks surrounding the life and A&amp;H business for the global organization.</li><li>Support the development and implementation of life and A&amp;H business into the capital model, including developing the framework to integrate A&amp;H and Life in the group capital modeling and requirements for development, calibrating risk parameters, developing systemic risk models, testing, benchmarking, and signing off on model implementation and results.</li><li>Collaborate with local actuaries/underwriters within the various business segments to analyze risks arising from the various product offerings and integrate these risks into the capital model.</li><li>Support the communication of internal capital model results and measurements to recognize optimal use of deployed capital to stakeholders.</li><li>Assist senior management in updating net aggregations to various risk types, such as pandemic, terrorism, ALM, and financial markets, as requested.</li><li>Set up data automation tools to improve the efficiency of data analysis.</li><li>Review economic and financial data to deliver insights and solutions to senior management.</li><li>Actively engage with business units to stay up to date on changing risks and proactively incorporate this into the internal capital model framework.</li><li>Support Group and legal entity regulatory reporting, ORSAs, and ad hoc requests.</li><li>Support the development of material for presentation to senior management related to capital adequacy, capital modeling, risk assessment and ad hoc requests.</li><li>Support P&amp;C calibration and capital modeling, as needed.</li></ul>Qualifications:<ul><li>5+ years of actuarial experience in Life and A&amp;H.</li><li>FSA/ASA or equivalent designations a plus.</li><li>Working experience in Life (term, variable, etc.) and long-duration A&amp;H account pricing, reserving, valuations, planning, and GAAP/SAP reporting. Experience in capital modeling, ALM, and portfolio management a plus.</li><li>Excellent communication and presentation skills with the ability to present findings to technical and non-technical audiences.</li><li>Ability to take initiative, work collaboratively in an international team, and cultivate a strong working relationship across all functional areas.</li><li>Data management and programming skills in SQL, R, or Python a plus.</li><li>Experience in Igloo, Axis, and other capital modeling/Valuation tools is a plus.</li><li>20% domestic and/or international travel (depending on demands, priorities, and remote work considerations).</li></ul>About Us:Chubb is the world's largest publicly traded property and casualty insurer. 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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