Chubb

SVP & Actuary - Overseas General Reserving & Reporting

Chubb$150K — $200K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • FCAS or ACAS designation (or international equivalent)
  • 15+ years of broad actuarial experience in property & casualty, with a focus on reserving
  • Exceptional written and oral communication skills for executive presentations
  • Decisive leadership style, balanced with intellectual curiosity
  • Proven experience in managing and developing high-performing actuarial teams
  • Outstanding analytical skills with strong business acumen
  • Strategic thinker with keen attention to detail

Responsibilities

  • Own and oversee COG actuarial loss reserving and financial reporting processes
  • Collaborate with regional teams to ensure comprehensive inputs into the reserving process
  • Prepare summaries and analyses to support the quarterly close and monthly monitoring
  • Conduct ad-hoc studies to assess loss activity and adequacy of reserves
  • Document management actions approved by reserve committees in financial reports
  • Partner with Finance to explain loss ratio variances for forecasting
  • Lead efforts to enhance efficiency in reserving processes and methodologies

Benefits

  • Encouragement of continuous learning and career growth for staff
  • Strong control environment and adherence to actuarial best practices
  • Collaborative environment with a talented international actuarial team
  • Opportunity to influence strategic decisions in a premier insurance organization
  • Engagement with senior leadership and stakeholders across the enterprise
Full Job Description
Job Description

About the Role

This is a high-impact leadership opportunity at the heart of one of the world's premier insurance organizations. As SVP, Chubb Overseas General Reserving and Reporting, you will contribute to actively monitoring Chubb's reserve position while driving constant innovation within our actuarial practice. You will collaborate with a talented team of actuarial professionals across US, UK and Europe, Latin America, Asia Pacific, Japan and China to ensure reserve integrity and analytical excellence and will partner with senior executives across the enterprise to deliver strategic insights.

This role is preferably based on our Philadelphia PA office, reports directly to the Chubb Overseas General (COG) Chief Actuary and manages a central team of two actuaries.

What You'll Do
  • Own Chubb Overseas General (COG) actuarial loss reserving, planning, and financial reporting processes including communication with COG executive leadership.
  • Partner with the regional teams including reserving, pricing, underwriting, and claims to ensure appropriate inputs are captured into the reserving process, differing perspectives are discussed, and results and emerging trends are shared in the form of actionable insights with senior management.
  • Prepare necessary summaries of reserve studies, current accident year analyses and actual vs. expected activity in support of the quarterly close and regular monthly monitoring.
  • Conduct ad-hoc reserve and loss ratio studies to monitor loss activity and reserve and loss ratios adequacy as needed.
  • Ensure management actions as approved by the COG and Group reserve committees are appropriately documented, correctly booked and reflected in various management and financial reports.
  • Partner with Finance to communicate the key drivers of the loss ratio variances as part of the forecasting process.
  • Initiate and lead efforts to improve reserving process efficiency, documentation, methodologies, and tools including strategic decisions about how the studies are constructed/aggregated.
  • Support external reserve reviews, analyze findings and conclusions from the studies and recommend modifications to own reserving process as appropriate.
  • Oversee and support relevant statutory or SEC reporting processes, including general documentation and 10k filings.
  • Foster data integrity, quantitative discipline, and analytical rigor
  • Ensure professionalism, strong control environment, and adherence to actuarial principles and Company practices
  • Encourage continuous learning and promote career growth of staff


Qualifications

  • FCAS or ACAS designation (or international equivalent)
  • 15+ years of broad actuarial experience across a wide range of property & casualty lines of business, with deep expertise in reserving practices
  • Exceptional written and oral communication skills - able to distill complex analysis into clear, executive-ready narratives
  • Decisive leadership style balanced with intellectual openness and curiosity
  • Proven ability to manage, motivate, and develop high-performing actuarial teams
  • Outstanding analytical and quantitative skills paired with strong business acumen
  • Strategic thinker with sharp attention to detail and a consistent track record of meeting deadlines
  • Unimpeachable integrity, objectivity, and professional confidence


This role is preferably based on our Philadelphia PA office, reports directly to the Chubb Overseas General (COG) Chief Actuary and manages a central team of two actuaries.

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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