AVP & Actuary

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 ...