Job Description

Overview:

Join Chubb's Commercial Insurance Actuarial team as an Assistant Vice President & Actuary, focused on Portfolio Management and Process Modernization. This role spans the total Commercial Insurance portfolio and represents a unique opportunity to drive transformation through technology-enabled solutions, developing tools and processes that deliver timely insights to support strategic decision-making. The role is based in either Whitehouse Station (NJ), Jersey City (NJ), or Philadelphia (PA) offices and reports to the VP & Actuary Modernization lead for CI Actuarial.

Duties and Responsibilities:
• Lead the revamp of on-level and price monitoring capabilities, building and maintaining a facility that provides regular, timely, and accurate on-level and exposure-trended premium across various risk cohorts.
• Enhance price monitoring frameworks by integrating granular rate adequacy concepts into existing workflows, enabling more sophisticated analysis of pricing adequacy at detailed risk segment levels.
• Develop and maintain robust, well-documented tools, reports, and dashboards to support portfolio management activities across Commercial Insurance, enabling key stakeholders to monitor performance and make data-driven decisions.
• Mature the portfolio management support function by creating detailed scenario testing capabilities and analytical tools that enable portfolio managers to evaluate strategic decisions and optimize portfolio performance.
• Support monthly, quarterly, and annual reporting requirements by streamlining data collection, analysis, and presentation processes to ensure accuracy and timeliness.
• Support and enhance key actuarial work products including profitability analysis and planning processes through automation, standardization, and modernization of analytical workflows.
• Collaborate closely with line actuarial leaders, portfolio managers, and cross-functional teams to identify opportunities for process improvement and deliver timely, actionable insights that support strategic initiatives.
• Partner with Technology, Underwriting, and Data Analytics teams to design, implement, and maintain scalable solutions that improve efficiency and effectiveness of recurring and ad-hoc analyses.
• Drive continuous improvement initiatives by identifying pain points in existing processes, proposing innovative solutions, and implementing best practices from digital transformation efforts.
• Proactively engage with portfolio managers across multiple lines of business to understand their analytical needs, translate requirements into technical solutions, and communicate findings through clear, concise presentations.
• Act as a subject matter expert in process modernization, sharing knowledge and best practices across the actuarial team and promoting a culture of innovation.
• Support ad-hoc actuarial initiatives and special projects as needed, bringing a process-oriented mindset to ensure efficient execution and sustainable solutions.

Qualifications
• Bachelor's degree or higher in Mathematics, Actuarial Science, Statistics, Computer Science, Finance, Economics, or a related quantitative field.
• 8+ years of actuarial or analytical experience in insurance, with a focus on process improvement, automation, or analytics. Experience across multiple lines of business is beneficial but not required.
• ACAS or FCAS certification preferred, or equivalent industry qualifications. Alternative relevant credentials will be considered.
• Strong proficiency in programming languages such as VBA, R, Python, and SQL is required. Demonstrated experience building analytical tools, automating workflows, and working with large datasets.
• Prior experience with price monitoring, profitability analysis, and planning processes is a plus.
• Experience with transformation initiatives, process improvement methodologies, and leveraging AI/machine learning solutions is highly desirable.
• Excellent analytical and problem-solving skills, with the ability to translate business requirements into technical solutions.
• Strong organizational and documentation skills, with attention to detail and commitment to building maintainable, scalable solutions.
• Ability to manage multiple competing priorities and deliverables effectively in a fast-paced, dynamic environment.
• Exceptional collaboration skills, with the ability to work effectively across multi-disciplinary teams and stakeholders at all levels.
• Excellent interpersonal and communication skills, with the ability to explain complex technical concepts to both technical and non-technical audiences.
• Self-motivated individual contributor with strong initiative and ability to work independently while maintaining alignment with team objectives.
• Growth mindset with enthusiasm for learning new technologies, embracing change, and driving innovation.

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.