Chubb

Assistant Actuary

Chubb$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Four years of property and casualty actuarial experience
  • BS/BA in Actuarial Science, Mathematics, Statistics, or related field
  • ACAS/FCAS preferred
  • Proficiency in R, SQL, VBA, Excel
  • Strong analytical, organizational and project management skills
  • Well organized with good documentation and record-keeping abilities

Responsibilities

  • Assist in monthly and quarterly reporting including rate and trend monitoring
  • Maintain and enhance Shiny dashboards for monitoring purposes
  • Manage existing actuarial databases using SQL
  • Coordinate with different business units for strategic planning and rate monitoring
  • Produce ad hoc analyses and reports as requested
  • Drive improvements and creation of efficient processes and dashboards
  • Act as a technical reviewer for actuarial students and assist with rate filings

Benefits

  • Comprehensive insurance coverage including commercial and personal lines
  • Robust professional development and training opportunities
  • Global exposure and the experience of working in a diverse environment
  • Strong emphasis on teamwork and collaborative culture
  • Commitment to equal employment opportunity and diversity
Full Job Description
Job Description

The Actuarial Department is seeking an Assistant Actuary to support the Corporate Actuarial team. Responsibilities will principally focus on transformation and modernization, rate monitoring, and financial planning. Many tasks will be performed on a recurring basis, either monthly, quarterly or annually, and often require tight completion timelines. Other tasks will require research and development and may have project timelines that span months. There will also be ad hoc requests by management that are of an immediate nature. At any time, multiple projects may be ongoing, so the ability to shift focus quickly from one project to another is necessary. The position will be based in Philadelphia, PA and will report to the Corporate Actuarial lead.

Primary Responsibilities

  • Assist in monthly and quarterly reporting. This includes, but is not limited to, rate monitoring, exposure monitoring, trend monitoring, and new business monitoring.
  • Maintain and improve upon existing dashboards in Shiny, including the Price Monitor Dashboard and Profit Study Dashboard.
  • Maintain existing actuarial databases in SQL.
  • Assist in coordinating with the various business units and non-actuarial groups to pull together exhibits for strategic plan, annual plan, and rate need monitoring.
  • Respond to periodic requests by producing ad hoc analyses and reports.
  • Contribute to the improvement, creation, and/or implementation of processes to expand capabilities, improve efficiency, and enhance effectiveness. This may include developing new Shiny dashboards for management.
  • Assist in serving as a technical reviewer for actuarial students, and assist with rate filings when needed.


Qualifications

  • Four years of property and casualty actuarial experience
  • BS/BA in Actuarial Science, Mathematics, Statistics, or related field
  • ACAS/FCAS preferred
  • Proficiency in R, SQL, VBA, Excel
  • Strong analytical, organizational and project management skills; works comfortably in team environment
  • Should be well organized and able to maintain good documentation and record keeping.


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.

About Chubb

Chubb Limited is a Swiss-based global insurance company that provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance (A&H), reinsurance, and life insurance to a diverse group of clients. Chubb operates in 54 countries and territories and is the world's largest publicly traded property and casualty insurance company. The company has a long history, dating back to 1882, and has grown through a series of mergers and acquisitions. Chubb is known for its high-quality insurance products and services, as well as its strong financial performance and commitment to corporate social responsibility.
Learn more about Chubb
Size
31,000 employees
Market Cap
$90.7 billion
Industry
Net Income
$3.5 billion
Founded
1882
5 Year Trend
+5.3%
Revenue
$35.9 billion
NASDAQ

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