Reporting to the Chief Actuary, Bermuda Operations, the AVP Actuary is a senior technical role contributing to the pricing and portfolio analytics for Chubb Tempest Re’s third-party and affiliate reinsurance transactions.
Responsibilities include:
- Support the pricing of third-party property catastrophe treaties and affiliate reinsurance transactions across all lines of business.
- Develop and maintain pricing models and portfolio analytics tools to support and evaluate underwriting decision-making.
- Perform quantitative analysis to support outwards retrocessional placements.
- Contribute actuarial insight on pricing strategy and capital allocation in collaboration with underwriting and corporate teams.
- Special projects to improve the underwriting process for all lines of business.
- Reporting on a periodic basis to satisfy internal management and external regulatory requirements.
- An undergraduate degree from an accredited university in mathematics, statistics, or related fields.
- Fellowship from a recognized actuarial professional body (e.g., FCAS, FIA or equivalent). Strong near-qualified candidates will also be considered.
- At least 7 years of experience in the (re)insurance industry, with meaningful exposure to property catastrophe or reinsurance pricing strongly preferred.
- Demonstrated understanding of actuarial techniques related to Property & Casualty pricing.
- Working knowledge of catastrophe models, with ability to critically interpret and integrate model outputs into pricing and portfolio analysis.
- Advanced proficiency in Excel and SQL; programming experience in Python or R.
- Excellent analytical, interpersonal and communication skills.
- Ability to work on their own initiative and in a team environment.
- Ability to manage workload effectively and meet deadlines in a dynamic environment.
Skills Required
- Undergraduate degree from an accredited university in mathematics, statistics, or a related field
- Fellowship from a recognized actuarial professional body, such as FCAS, FIA, or equivalent; strong near-qualified candidates may be considered
- At least 7 years of experience in the insurance or reinsurance industry
- Meaningful exposure to property catastrophe or reinsurance pricing
- Understanding of actuarial techniques related to Property and Casualty pricing
- Working knowledge of catastrophe models and ability to interpret and integrate model outputs
- Advanced proficiency in Excel and SQL
- Programming experience in Python or R
- Excellent analytical, interpersonal, and communication skills
- Ability to work independently and in a team environment
- Ability to manage workload effectively and meet deadlines in a dynamic environment
Chubb Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Chubb and has not been reviewed or approved by Chubb.
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Healthcare Strength — Healthcare coverage includes multiple medical plan options with preventive care, plus dental and vision, alongside HSAs/FSAs, telemedicine, and wellness resources. The breadth of offerings is presented as comprehensive for a large insurance employer.
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Retirement Support — A 401(k) plan with company contributions anchors the financial benefits, complemented by life and disability insurance. These programs reinforce long-term savings and protection.
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Strong & Reliable Incentives — Performance-based and year-end bonuses are part of the total rewards, with structured reviews supporting incentive opportunities. These components provide compensation beyond base salary.
Chubb Insights
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.
