Discover your dream Career
For Recruiters

Senior Actuarial Analyst

Chubb Lebanon, United States
Posted 4 days ago Permanent Competitive
Senior Actuarial Analyst
Job Description

This role operates on a hybrid schedule and is based in our Whitehouse Station, NJ office supporting ChubbPersonal Risk Services (PRS) Auto, Personal Umbrella and Rec Marine section of the Actuarial Department. This group is responsible for providing the financial analysis necessary for Chubb to sustain profitability and maintain a competitive position within the personal lines market. Expect significant interaction with Product, State Filings, and IT, as well as contact with our Corporate actuaries, Underwriting, and Claims.

MAJOR DUTIES & RESPONSIBILITIES:
  • Collaborate with other areas of PRS (ex: Product Management, I/T, Data Sciences, etc.) to implement rating plans for Auto and Personal Umbrella using the "Radar Live" software application.
  • Produce state-level 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 and satisfy regulatory requirements.
  • 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, R or similar is 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.
Job ID  300000684869903
More jobs From Chubb
Chubb
Executive Underwriter, Climate Tech
Chubb
Lebanon, USA
16 days ago Full time Competitive
Chubb
Underwriting Support Coordinator - Compliance Review Team
Chubb
Lebanon, USA
17 days ago Full time Competitive
Chubb
Head of PRS Claims
Chubb
Lebanon, USA
23 days ago Full time Competitive
Chubb
PRS Sr. Custom Solutions Underwriter
Chubb
Lebanon, USA
24 days ago Full time Competitive
Chubb
PRS Custom Solutions Underwriter
Chubb
Lebanon, USA
26 days ago Full time Competitive
Chubb
PRS Custom Solutions Underwriter
Chubb
Lebanon, USA
26 days ago Full time Competitive
Chubb
PRS Portfolio Underwriter
Chubb
Lebanon, USA
28 days ago Full time Competitive
Chubb
NJ Senior Field Property Adjuster
Chubb
Hackettstown, USA
29 days ago Full time Competitive
Chubb
Actuarial Analyst II
Chubb
Lebanon, USA
29 days ago Full time Competitive
Chubb
Claim Associate - Life Sciences (Hybrid)
Chubb
Lebanon, USA
1 month ago Full time Competitive

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Jobs
Sr Actuarial Analyst- Personal Lines Pricing (Remote or Hybrid)
Selective Insurance Group
Newton, United States
Chubb
Actuarial Analyst II
Chubb
Lebanon, United States
Marsh & McLennan Companies, Inc.
Actuarial Analyst
Marsh & McLennan Companies, Inc.
Raleigh, United States
Sr. Actuarial Analyst
Farmers Insurance
New York, United States