Job Description

MAJOR DUTIES & RESPONSIBILITIES:

• Collaborate with other areas of PRS (ex: Product Management, I/T, Data Sciences, etc.) to implement a new Homeowners By Peril rating plan using the "Radar Live" software application, as well as revisions to that rating plan.
• Support the externalization of other products and rating plans (ex: Valuable Articles and Legacy Homeowners) into "RADAR Live" as part of PRS's broader technological transformation efforts.
• Explore additional analytical capabilities enabled by RADAR to improve speed to market related to the rate change cycle and enhance our ability to scenario test and create optimal rating.
• Produce state-level Homeowners rate indications and present key findings to actuarial and business management.
• Collaborate with product managers to develop detailed rate level changes on a state by state basis. Quantify impacts of rate change proposals and communicate findings to management via clearly laid out reports, presentations and exhibits. Convert existing Excel based tools to Radar to enable more efficient rating analysis and implementation.
• Provide actuarial support for rate filings.
• Participate in the annual countrywide Profitability Study.
• Contribute to the improvement, creation, and/or implementation of processes to expand capabilities, improve efficiency, modernize tools, and enhance overall effectiveness.

Qualifications

MINIMUM REQUIREMENTS:

• Minimum of four (4) years of insurance industry pricing experience, preferably in Personal lines.
• Experience with developing automated rating calculations in tools such as Radar, Python, SAS or similar is strongly preferred.
• Strong analytical skills with the ability to provide clear and concise verbal and written communications of analyses, financial results, and work products.
• Highly detail oriented with excellent organization skills along with the ability to maintain adequate documentation and record keeping.
• Ability to work independently and recommend/formulate innovative solutions when confronted with new problems.
• Bachelor's or Masters degree in Actuarial Science, Mathematics, Statistics, Finance or similar technical discipline.

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.