This Vice President & Actuary position is responsible for supporting the Chubb Alternative Risk Solutions (CARS) team. Responsibilities include large account pricing, account structuring and capital and ROE modeling. The role is based in Philadelphia, PA reporting to the Lead Actuary for CARS.
Duties and Responsibilities related to this position:
- Providing Actuarial support for large account pricing including experience rating, account structuring, capital and ROE modeling and post bind profitability analyses.
- Meeting with underwriters, clients & brokers to discuss/support findings.
- Presenting results of pricing analyses to senior management.
- Updating of pricing models and key assumptions.
- Reviewing quotes, binders and policies prior to issuance to ensure account structure and terms are represented properly.
- Ad hoc analysis as required.
Qualifications
- Bachelor's degree or higher in a quantitative field such as Mathematics, Actuarial Science, Statistics, Finance, Economics, or a related field.
- 10+ years of actuarial experience including large account pricing.
- ACAS or FCAS certification preferred, or equivalent industry qualifications.
- Proficiency in Excel is required. Strong attention to detail and willingness to learn new tools and technologies.
- Excellent analytical and problem-solving skills are essential to excel in this role.
- Strong organizational and documentation skills are required, along with the ability to prioritize multiple competing deliverables and manage time effectively to meet scheduled due dates.
- Strong collaboration skills are important, with the ability to work closely with individuals from diverse backgrounds and disciplines. Excellent interpersonal and communication skills are essential, along with the ability to provide clear and concise verbal and written communications to stakeholders at various levels of the organization.
- Desire to work in a fast-paced, fluid environment where new challenges and opportunities arise regularly. We value adaptability, resourcefulness, and a growth mindset.
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.