Job Description

The Senior Actuarial Analyst will focus on pricing studies and modernization to support Chubb's Personal Risk Services (PRS) Division, a provider of Homeowners, Automobile, Umbrella, and Rec Marine insurance products to individuals.

This role operates on a hybrid schedule (3 days in office, 2 days remote) and is based in our Whitehouse Station, NJ office.

MAJOR DUTIES & RESPONSIBILITIES:

• Perform actuarial analysis of the profitability (pricing study) for select lines of business
• Support the development and enhancement of efficient tool kits and infrastructure for the Actuarial Pricing Study function, to enable business critical delivery of the Financial Plan, including rate planning for PRS across all lines of business. Engage and co-ordinate the support of other functions such as IT, Product, and Finance to ensure seamless delivery. Liaise with Pricing Actuaries and other key stakeholders to ensure tools are fit for purpose.
• Build and implement profitability monitoring tools and diagnostic initiatives, while maintaining documentation of data and processes. Incorporate new analyses and models into the profitability studies where useful.
• Create actuarial reports and dashboards that foster transparency and consistency and tell a compelling story to both internal and external stakeholders
• Help inform the North American Actuarial data strategy and recommend analytical / querying tools.
• Special projects as assigned, which may require independent research and experimentation

Qualifications

• Bachelor's degree or equivalent in Actuarial Science, Mathematics, Economics, Computer Science, Statistics, or related degree or certification.
• Minimum of four (4) years insurance industry experience, preferably in a Personal lines, Small Commercial, or Loss Reserving role.
• 4+ actuarial exams.
• Expert Excel and SQL skills required
• Proficiency with a programming language such as R / Python / JavaScript, etc.
• Strong analytical skills with the ability to provide clear and concise verbal and written communications of analyses, results, and work products.
• Candidate can work independently, in a collaborative environment that requires frequent communication of status and redirection of efforts as needed
• Should have good organization skills with the ability to maintain detailed documentation and record keeping.

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.