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Chubb

Chubb

Actuarial Analyst

Actuarial Analyst

Job Details
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Uploaded On
January 17, 2023
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Location
Philadelphia, PA
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Remote?
No
Company Overview
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Headquarters
Warren, NJ
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Number of Employees
34000
Estimated Number of Actuaries
708
Salary
$
k-$
k
Glassdoor Ratings
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Recommend to a Friend
69%
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Overall Score
3.7 / 5

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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.

**This position within the Actuarial Department’s Reserving unit will be based in either Whitehouse Station NJ, or Philadelphia PA, and will be providing reserve analysis and related work and insights for Chubb North America.  

The major duties and responsibilities of this position include:

  • Complete designated loss and ALAE reserve review analyses each quarter, including documentation of reserve analyses, reconciliations and support for external actuarial review;
  • Prepare explanations of change in estimates for business unit wrap-up meetings and Reserve Committee materials;
  • Prepare booking changes for bulk reserves into our systems/ledger;
  • Support actual vs. expected analysis on lines reviewed as needed; and
  • Contribute to the improvement, creation, and/or implementation of processes to expand capabilities, improve efficiency, modernize tools, and enhance effectiveness.

Qualifications

Education/Competencies/Technical Skills:

  • Minimum of a Bachelor’s Degree;
  • At least 3 years of experience in P/C actuarial disciplines;
  • Minimum of 3 actuarial exams;
  • Knowledge of actuarial reserving techniques and experience is a plus;
  • Proficient in Excel; familiarity with R or SQL is a plus;
  • Strong analytical and problem-solving skills;
  • Ability to work semi-independently and recommend/formulate innovative solutions when confronted with new problems;
  • Effective written and oral communication; and
  • Ability to prioritize multiple competing deliverables and manage time effectively to achieve scheduled due dates.

EEO Statement

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 retaliationagainst any individual who reports discrimination or harassment.

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Working at 

Chubb

Chubb is a leading global insurance company that offers a range of insurance products to individuals, small businesses, and large organizations. The company was founded in 1882 and has grown to become one of the largest and most respected insurance providers in the world. Chubb is known for its expertise in underwriting and risk assessment, and offers a variety of insurance products, including home, auto, and business insurance, as well as specialized coverage options for specific industries and types of risk. In addition to traditional insurance products, Chubb also offers risk management and consulting services to help clients identify and mitigate potential risks. The company has a strong reputation for customer service and is committed to providing high-quality coverage to its policyholders. Chubb has a global presence, with operations in numerous countries around the world.

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