Job Description

VP & Actuary for Brandywine, the Corporate Run-Off reporting segment of Chubb.

This role reports to the Chief Actuary of Brandywine, and is a important partner in the development of exposure-based, and aggregate reserve positions of and for Chubb's run-off mass/toxic-tort exposures; these estimates are developed for use in financial reporting and strategic decision making at the divisional level and for presentation to Chubb Senior Executives. This position requires comfort with and across a number of insurance company functions (including claims, Statutory and GAAP accounting, finance and reinsurance), combined with both flexibility as well as adaptability to regularly changing dynamics and deliverables. Experience in the review, evaluation and management of legacy mass- and toxic- tort exposures (Asbestos, Environmental, latent Product Liability, Molestation, etc.) is critical.

Ongoing process enhancement and innovation will be important as the ideal candidate will be responsible for both divisional efficiency (managing a small team of dedicated actuaries) and responsiveness. This position also requires regular contact and discussion with various divisional stakeholders such as external auditors, external actuaries, consultants and regulators.

Qualifications

• ACAS or FCAS designation with minimum 15 years experience
• Experience with reserving including involvement with mass/toxic tort exposures and/or non-traditional and exposure-based reserving methods
• Comfort in working in and across multiple corporate recording and reporting systems (Actuarial, Claims, Finance and Reinsurance)
• Knowledge of insurance company Statutory and GAAP accounting, including working knowledge of Schedules F and P
• Proficiency in Excel is required, along with willingness to learn new tools and technologies
• Strong analytical, organizational, documentation and presentation skills are required, along with the ability to prioritize multiple competing deliverables and manage time effectively
• Comfort in managing small team of actuaries, including 1-2 actuarial students

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.