Senior Actuarial Analyst - GCD at Chubb in Philadelphia, Pennsylvania

Job Description:

Senior Actuarial Analyst

Description

Chubb is the world’s largest publicly traded property and casualty insurer. 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.

This role is responsible for supporting the casualty products within the Major Accounts Global Casualty Domestic (GCD) group. The position can be at a Senior Actuarial Analyst or Assistant Actuary level depending on the chosen candidate's experience.

KEY OBJECTIVE:

General responsibilities include profit study reviews; reserve review and planning support; monthly/quarterly reporting; model building/maintenance and pricing factor support; and other ad hoc business unit needs.  Potential work for this position includes:

• Supporting profit study analyses for the GCD book


• Price monitoring and other monthly/quarterly reporting support


• Project work in support of the annual reserve review and planning processes


• Monitor current and prior accident year actual vs. expected experience


• Supporting maintenance/enhancements to current rating models and other tools, including pricing factor updates


• Communicate and collaborate with the home office business unit managers

MINIMUM REQUIREMENTS:

• Bachelor’s Degree


• At least 3 years of experience in actuarial disciplines


• Credit for 5 or more CAS exams


• Knowledge of and experience with pricing concepts


• Strong analytical and problem solving skills


• Ability to complete projects and find solutions to new problems from scratch


• Ability to explain and document analysis – written and verbal


• Ability to work with the business unit, explaining decisions and providing timely responses to their requests for analysis


• Ability to work independently


• Working knowledge of SQL is a plus.