Senior Assistant Actuary (Finance)

JOB DESCRIPTION

Position Overview:

This role is based in Whitehouse Station, NJ, and reports to a VP & Actuary within Chubb's Financial Lines Division, a provider of D&O, EPL, E&O, Cyber, and various other insurance products. The position offers flexibility in job title based on the candidate's experience and qualifications.

Team Overview:

The Financial Lines Actuarial team is responsible for delivering the financial analysis necessary for Chubb to sustain profitability and maintain a competitive position. The role involves significant interaction with Underwriting and Claims, as well as collaboration with Corporate actuaries, State Filings, and IT.

Key Responsibilities:

• Provide pricing support for Management Liability product lines, focusing on Employment Practices Liability, Directors & Officers Liability, Fiduciary Liability, and Fidelity.
• Analyze the profitability of these product lines and work closely with underwriting product managers and Claims to identify business trends and develop strategies for profitable growth.
• Develop and maintain appropriate rating plans and provide actuarial support for required rate filings.
• Manage up to two analysts, providing guidance, training, and formal review of actuarial work products.
• Participate in the annual countrywide Profitability Study, monitor rate levels regularly, and engage in other ad-hoc projects.
• Provide prompt responses to business requests and operational demands.
• Contribute to the improvement, creation, and/or implementation of processes to expand capabilities, improve efficiency, and enhance effectiveness.

QUALIFICATIONS

• 5+

  ABOUT US

  Chubb is a world leader in insurance. 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.

  At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.