Job DescriptionAs an Actuarial Trainee with Chubb, the trainee will help evaluate business opportunities in a given market by analyzing data to identify the potential profitability and possible pitfalls. P&C actuaries advise management on ways to balance the anticipated with the unexpected. Typically, our actuaries base their analysis on the demand the business may create, the price required to deliver a reasonable rate of return, and the potential effect of claims on the company's profitability. As the trainee's career progresses at Chubb, projects will include extensive statistical analysis, pricing, loss reserving, research, forecasting, and predictive analytics.
Actuarial Trainees are primarily located in Philadelphia, PA and Whitehouse Station, NJ. The position combines on-the-job learning with seminars and formal training, rotational opportunity, and time off to study for the Casualty Actuarial Society's series of exams.
Qualifications- Bachelor's degree required (Mathematics, Statistics, Economics, Finance, Actuarial Science, or a related field)
- Strong GPA preferred (3.0 minimum)
- Minimum of one Actuarial Exam is required
- Working knowledge of Microsoft Office products, specifically Excel and Access
- Experience with R, SQL, and Python preferred
- Solid analytical and problem solving skills
The pay range for the role is $79,400 to $95,000. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.
Sponsorship, now or in the future, is not available for this role. Applicants must be legally authorized for employment in the U.S. without need for current or future employment-based sponsorship.
