[Chubb Life] Manager, Pricing Actuary

Posted 3 Hours Ago
Be an Early Applicant
2 Locations
In-Office or Remote
Senior level
Insurance
The Role
Lead pricing activities: build pricing spreadsheets, run profit testing and sensitivity, prepare documentation for head office and regulators, collaborate with IT/Operations on product implementation and system enhancements, review product statistics, support compensation and partnership deal costing, manage in-force reporting (P13/K2), and handle ad-hoc projects.
Summary Generated by Built In

Pricing tasks

  • Prepare pricing spreadsheets with given designed product features to ensure the correct assumptions, reserve methodology was used and produce expected target profit.

  • Produce profit testing as well as profit sensitivity

  • Prepare pricing documentation submitting to Head office.

  • Prepare Technical notes and other required documents to Local Regulator with new requirement from law.

  • Working with IT/OPs on implementing products into system

  • System Day 2 enhancement as well as others system enhancement to comply with new regulation, including par product related tasks

  • Prepare regular new product statistics review.

  • Other ad-hoc projects

Compensation Costing / Partnership Deals

  • Support review & costing compensation scheme of Agency/IC, and partnership deals and other regular reviews.

In-force management tasks

  • Manage and support resolve issue of P13/K2 report on system

  • Working with IT on implementing P13/K2 report into system

Qualifications
  • Bachelor degree

  • Have actuarial experience at least 5 years.

  • Know Prophet platform.

  • Hardwork, teamwork, resilience, responsible and accountable

Skills Required

  • Bachelor degree
  • At least 5 years actuarial experience
  • Experience with Prophet platform
  • Strong teamwork, resilience, responsibility and accountability
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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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