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Chubb

Chubb

Assistant Actuary

Assistant Actuary

Job Details
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Uploaded On
June 29, 2023
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Location
Whitehouse Station, United States
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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
[ Chubb is the world's largest publicly traded property and casualty insurer formed from the January 2016 acquisition of the Chubb Corporation by ACE Limited. 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.

Claims Actuarial Insights strives to empower claims professionals with actionable intelligence. The team works closely with senior leaders to identify claims trends, develop performance metrics, and provide catastrophe projections and reporting. Projects are primarily focused on North America but overseas opportunities exist. This department is a great place for someone who would like to develop strategic thinking, business acumen, and communication skills.

We are seeking an Assistant Actuary to join the team. The candidate who fills this position will be focused on the team's catastrophe-related work. The role is based in our Whitehouse Station, NJ office.

Primary Responsibilities:
• Apply critical thinking to improve and expand the North American Catastrophe Projection Model. This includes automating and running a recurring update, developing solutions to current challenges, building additional capabilities, and performing testing/validation. This will be the role's main focus.
• Continue to build out the CAT Dashboard to include all data sources and a robust projection.
• Help run the biweekly CAT report and supporting analyses, as needed.
• Lead special CAT analyses , such as the CAT Staffing Model.
• Support ad hoc analyses (not limited to catastrophes) that facilitate effective decision making.
• Help with analysis and commentary for the Claims Quarterly Close report.
• Work with Claims IT and Business Intelligence to influence claim data strategy and define requirements necessary to support actuarial analyses.

Qualifications
• Minimum of a bachelor's degree; 5 + years of experience in property/casualty actuarial disciplines; ACAS preferred
• Proficiency in Excel and working knowledge of VBA
• Proficiency in SQL server; Working knowledge of R or Python is a plus
• Working knowledge of QlikSense , Power BI, or Cognos is a plus
• Strong analytical skills with the ability to work independently and effectively overcome challenges
• Strong project and time management skills. Will take ownership of projects.
• Able to maintain good documentation and record keeping
• Able to provide clear and concise verbal and written communications to non-actuarial business leader
• Desire to work in a fast-paced, fluid environment

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.