Analyst - Actuarial Pricing

Posted Yesterday
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Bangalore, Bengaluru Urban, Karnataka, IND
In-Office
Junior
Insurance
The Role
Produces monthly and quarterly actuarial price monitoring reports, responds to underwriting queries, supports pricing actuaries, coordinates regional data collection, and monitors pricing compliance. The role requires ensuring report accuracy and identifying pricing discrepancies. Candidates should have advanced Excel and Python skills, with SQL and AI prompting preferred, plus a degree in statistics, mathematics, or actuarial science.
Summary Generated by Built In

About Chubb

Chubb is a world leader in insurance. 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. The company is 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 employs approximately 45,000 people worldwide. Additional information can be found at: www.chubb.com.

About Chubb India

At Chubb India, we are on an exciting journey of digital transformation driven by a commitment to engineering excellence and analytics. We are proud to share that we have been officially certified as a Great Place to Work® for the third consecutive year, a reflection of the culture at Chubb where we believe in fostering an environment where everyone can thrive, innovate, and grow

With a team of over 3000 talented professionals, we encourage a start-up mindset that promotes collaboration, diverse perspectives, and a solution-driven attitude. We are dedicated to building expertise in engineering, analytics, and automation, empowering our teams to excel in a dynamic digital landscape.

We offer an environment where you will be part of an organization that is dedicated to solving real-world challenges in the insurance industry. Together, we will work to shape the future through innovation and continuous learning.

Position Details 

  • Job Title: Junior Analyst/ Analyst - Actuarial Pricing
  • Function/DepartmentActuarial
  • LocationBengaluru /Hybrid
  • Employment TypeFull-time
  • Reports ToSuresh Kumar S
  • Role Overview: Opportunity to strengthen actuarial skills, gain exposure to P&C products, and collaborate with Underwriters and Pricing Actuaries.
     

Key Responsibilities 

  • Produce monthly and quarterly price monitoring reports for pricing stakeholders across multiple regions.
  • Manage and respond to underwriters’ queries in a timely and professional manner.
  • Collaborate with pricing actuaries on PMR-related queries and secure sign-off.
  • Support ad hoc price monitoring requests as required.
  • Ensure the accuracy, integrity, and consistency of pricing monitoring reports.
  • Coordinate with regional pricing teams to collect data and insights.
  • Monitor pricing compliance and identify discrepancies or deviations for review and action.

Skills and Qualifications 

  • Essential Skills: Advanced Excel, Python
  • Preferred Skills: SQL, AI Prompting
  • Education: A degree in Statistics, Math or Actuarial Science
  • Experience: 1-4 years

Why Chubb?

Join Chubb to be part of a leading global insurance company!

Our constant focus on employee experience along with a start-up-like culture empowers you to achieve impactful results.

  • Industry leader: Chubb is a world leader in the insurance industry, powered by underwriting and engineering excellence
  • Laser focus on excellence: At Chubb we pride ourselves on our culture of greatness where excellence is a mindset and a way of being. We constantly seek new and innovative ways to excel at work and deliver outstanding results

  • Start-Up Culture: Embracing the spirit of a start-up, our focus on speed and agility enables us to respond swiftly to market requirements, while a culture of ownership empowers employees to drive results that matter

  • Growth and success: As we continue to grow, we are steadfast in our commitment to provide our employees with the best work experience, enabling them to advance their careers in a conducive environment

Employee Benefits

Our company offers a comprehensive benefits package designed to support our employees’ health, well-being, and professional growth. Employees enjoy flexible work options, generous paid time off, and robust health coverage, including treatment for dental and vision related requirements. We invest in the future of our employees through continuous learning opportunities and career advancement programs, while fostering a supportive and inclusive work environment. Our benefits include:

  • Savings and Investment plans: We provide specialized benefits like Corporate NPS (National Pension Scheme), Employee Stock Purchase Plan (ESPP), Long-Term Incentive Plan (LTIP), Retiral Benefits and Car Lease that help employees optimally plan their finances

  • Upskilling and career growth opportunities: With a focus on continuous learning, we offer customized programs that support upskilling like Education Reimbursement Programs, Certification programs and access to global learning programs.

  • Health and Welfare Benefits: We care about our employees’ well-being in and out of work and have benefits like Hybrid Work Environment, Employee Assistance Program (EAP), Yearly Free Health campaigns and comprehensive Insurance benefits.

Application Process (TA to fill)

Our recruitment process is designed to be transparent, and inclusive.

  • Step 1: Submit your application via the Chubb Careers Portal.

  • Step 2: Engage with our recruitment team for an initial discussion.

  • Step 3: Participate in HackerRank assessments/technical/functional interviews and assessments (if applicable).

  • Step 4: Final interaction with Chubb leadership.

Join Us

With you Chubb is better. Whether you are solving challenges on a global stage or creating innovative solutions for local markets, your contributions will help shape the future. If you value integrity, innovation, and inclusion, and are ready to make a difference, we invite you to be part of Chubb India’s journey.

Apply Now:

Skills Required

  • Advanced Excel skills
  • Python skills
  • Degree in Statistics, Mathematics, or Actuarial Science
  • 1-4 years of experience
  • SQL skills
  • AI prompting skills
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The Company
HQ: Zürich
27,791 Employees

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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