Chubb Tempest Reinsurance Ltd. invites applications for the position of Actuarial Analyst. This is an exciting and challenging position for an individual interested in pursuing an actuarial career that will provide exposure to a diverse mix of insurance and reinsurance products and all functional aspects of the actuarial profession.
The successful candidate will be responsible for the following:
Collecting and refining data and information for actuarial analysis including pricing and reserving
Preparing regular and ad-hoc reports on price adequacy
Assisting in pricing internal reinsurance for all lines of business
Assisting with updating pricing models for various lines of business
Performing quarterly and annual reserving for insurance and reinsurance business
Liaising with Finance on all financial reporting
Assisting with the annual planning process
Preparing actuarial elements of statutory filings including capital calculations
Enhancing processes with new automation
Other ad-hoc pricing and reserving projects within the actuarial team that may arise
The successful applicant must possess the following:
An undergraduate degree from an accredited university in math, actuarial science, or related field
Commitment to obtaining an actuarial designation with a preference for candidates who have already passed one or more actuarial exams
Interest in programming languages, i.e. Python, R, SQL, Excel VBA etc.
Strong analytical, interpersonal and communication skills
Ability to work on his or her own initiative and in a team environment
Ability to meet tight deadlines and work extended hours and weekends when required
Employment sponsorship, now or in the future, is not available for this role. Applicants must be legally authorized for employment in Bermuda without need for current or future work permit application.
Skills Required
- Undergraduate degree in mathematics, actuarial science, or related field
- Commitment to obtaining an actuarial designation
- Passed one or more actuarial exams
- Interest/experience with programming languages (Python, R, SQL, Excel VBA)
- Strong analytical, interpersonal, and communication skills
- Ability to work independently and in a team
- Ability to meet tight deadlines and work extended hours and weekends when required
- Legally authorized to work in Bermuda without need for current or future work permit (no sponsorship)
What We Do
Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, 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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs 31,000 people worldwide. Additional information can be found at: chubb.com.
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