Chubb is a world leader in insurance. With operations in 54 countries and territories, 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.
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 Vice President & Actuary to join the team. The candidate who fills this position will be a leader within the department and key contributor to the team's analysis of claim trends. The role reports to the Vice President & Actuary of Claims Actuarial Insights. It is a hybrid role with 3 days in office and 2 days remote. This position can be based in our Whitehouse Station, NJ or Philadelphia, PA office.
Primary Responsibilities:
- Lead a team of 3-5 onshore resources and 1 offshore resource at different experience levels. Effectively set and track priorities, delegate and review assignments, create efficient workflows, and ensure on-time and quality deliverables.
- Provide updates and insights on claim metrics and trends to Claims, Underwriting, and Actuarial senior leadership.
- Develop insightful performance metrics to help drive more-efficient claim operations. This includes inventory management, large loss management, reserve adequacy, staffing adequacy, etc.
- Provide analysis for strategic initiatives and develop tracking methodologies to monitor progress.
- Support special and ad hoc analyses that facilitate effective decision making.
- Work with Claims IT and Business Intelligence to influence claim data strategy and define requirements necessary to support actuarial analyses.
Qualifications
Requirements:
- Minimum of a bachelor's degree; 8+ years of experience in property/casualty actuarial disciplines; ACAS or FCAS credential
- 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
- Able to maintain good documentation and record keeping
- Strong analytical skills with the ability to provide clear and concise verbal and written communications to non-actuarial business leaders
- Excellent project and time management skills, will take ownership of projects, works comfortably in team environment, results-oriented
- Strong leadership skills with managerial or supervisory experience preferred
- Desire to work in a fast-paced, fluid environment
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.
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.