Assistant Vice President & Actuary at Chubb in Whitehouse Station, New Jersey

Posted in Information Technology 29 days ago.

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Type: Full-Time

Job Description:

This position will be based in Whitehouse Station NJ and support Chubb’s Personal Risk Services – Auto/XS/Rec Marine Section of the Actuarial Department.
This group is responsible for providing the financial analysis necessary for Chubb to sustain profitability and maintain a competitive position within the personal lines market. Expect significant interaction with Product, State Filings, and IT, as well as contact with our Corporate actuaries, Underwriting, and Claims.
The major duties and responsibilities of this position include:

  • Providing pricing support for PRS product lines with particular emphasis on Auto and Excess.

  • Analyzing the profitability of these product lines and working closely with product managers to identify trends in the business and to develop appropriate strategies.

  • Developing appropriate rating plans and providing actuarial support for rate filings that may be required.

  • Managing 3-5 analysts. Provide guidance and training to staff, and formally review Actuarial work products.

  • Contributing to the improvement, creation, and/or implementation of processes to expand capabilities, improve efficiency, and enhance effectiveness.

Minimum Requirements:

  • 7+ years of P/C actuarial experience.

  • ACAS required, FCAS preferred.

  • Demonstrates proficiency with actuarial pricing, reserving, or modeling. Experience in Personal Lines is a plus, but not mandatory.

  • Strong analytical skills.

  • Strong organizational skills.

  • Effective written and oral communication skills.

  • Responsive to service needs and operational demands.

  • Produces accurate work products in a timely manner.

  • Self-confident and objective.

  • Proficient in Excel; knowledge of SAS, R, or Python a plus.

  • Minimum of a Bachelor’s Degree.

Chubb strives to offer a diverse and inclusive and rewarding work environment. Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills.  We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.