Job Description

The Senior Assistant Actuary is responsible for overseeing and managing the delivery of our monthly, quarterly, and annual deliverables related to the Commercial Insurance Division's financial planning life cycle. The role is based in our Philadelphia, PA or Whitehouse Station, NJ offices and reports to the Data, Systems, & Transformation Lead for CI Actuarial. There is flexibility to fill this position at a lower job grade for a qualified candidate with less than 5 years of experience.

Duties And Responsibilities

Work closely with CI Actuarial Leadership to:

• Take ownership of and complete projects related to the execution and delivery of all current state planning life cycle processes by agreed upon deadlines.
• Develop financial plans for the division. Track progress against planned loss ratios and provide detailed analyses of forecasted results and any variances from plan.
• Forecast/Analyze current accident year loss ratios, identify emerging claims trends, and produce results monthly.
• Support the modernization of key life cycle processes and further integrate planning life cycle with the profitability-analysis-based processes.
• Report and communicate findings while delivering work products in a timely fashion.
• Develop dashboards and analytical tools to support life cycle tasks.
• Work with the IT/Data teams to support modernization framework and to build more efficient and robust data platforms.
• Special projects and other ad-hoc requests.

Qualifications

Qualifications

• BS Degree or higher in Computer Science, Mathematics, Engineering, Actuarial Science, Statistics, Finance or a related field.
• 5+ years of relevant experience in actuarial pricing, reserving, or related field.
• Intermediate or higher level of proficiency with Microsoft Office suite.
• Proficiency in a programming language such as Python or R.
• Familiarity with SQL.
• Keenness for data (collection, manipulation, report design, sensibility checks, and attention to detail)
• Excellent analytical and problem-solving skills
• Ability to work independently and effectively communicate ideas.
• ACAS/FCAS preferred.

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.