Assistant Actuary

JOB DESCRIPTION

This Assistant Actuary position is responsible for supporting the Auto pricing unit of Commercial Insurance (CI) Actuarial.

The role is based in our Whitehouse, NJ office and reports to a VP & Actuary within the CI Auto pricing actuarial team.

There is flexibility to fill this position in our Philadelphia, PA location.

Duties and Responsibilities related to these product lines:


* Collaborate and work closely with CI management to address actuarial pricing needs for Commercial Auto


* Complete annual pricing studies, as well as ad-hoc pricing study requests and deep dives


* Comprehensive product support and portfolio management of Commercial Auto


* Work with CI management to develop/revise rating algorithms, including providing actuarial rate filing support for state regulators


* Support the rollout of Chubb's new Auto product targeted at Small and Lower Middle Market customers


* Complete monthly, quarterly, and annual reporting requirements for price monitoring and actual versus expected


* Work with the modeling team to support underwriting initiatives


* Work with the reinsurance pricing team to support treaty renewals

QUALIFICATIONS



* Bachelor's degree or higher in a quantitative field such as Mathematics, Actuarial Science, Statistics, Finance, Economics, or a related field.


* ACAS preferred, or equivalent industry qualifications.


* 5+ years of relevant actuarial pricing or reserving experience, or a combination of relevant industry experience and technical skills.


* Proficiency in Excel, familiarity with a programming or querying language, such as SQL / R / Python along with a keenness for data (collection, manipulation, report design, sensibility checks, and attention to detail)


* Complex analytical and problem-solving skills; ability to determine the source of a problem and find effective solutions


* Clear organizational and documentation skills; ability to prioritize multiple competing deliverables and manage time effectively to meet scheduled due dates


* Dynamic collaboration skills and the ability to work closely with other disciplines; to provide clear and concise verbal and written communications regarding analyses and observations to non-actuarial business partners and leaders


* Desire to work in a fast-paced, fluid environment

The pay range for the role is $117,000 to $170,000.

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.

ABOUT US

Chubb is a world leader in insurance.

With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance...