Purpose
The Actuarial Analyst plays a critical role in maintaining profitability and driving growth by providing actuarial and portfolio management support to the senior actuarial and management team.
As a key member of the Regional Consumer portfolio management team, the analyst is actively involved in supporting the Accident & Health (A&H) lines of business, with a primary focus on Leisure Travel and Basic Book (Corporate accounts) portfolios.
Responsibilities include conducting quarterly portfolio reviews, monthly monitoring of actual versus expected results, and performing data extraction, reconciliation, and actuarial analysis.
The analyst is expected to automate processes wherever possible to enhance efficiency. Additionally, the role supports the annual planning loss peg process for designated lines of business, including contributions to the Strategic Plan and Rebridge activities.
Responsibilities
Planning & Rebridge pegs
Ensure that yearly Rebridge/Planning/Strategic Planning peg is appropriately recommended by reflecting future business mix change and latest experience as well as impact of underwriting actions and agreed by the business unit and actuaries.
Quarterly Portfolio Review
Participate in the Consumer lines Reserve Review process performed by actuaries and engage UW team and the business units.
Tracking of loss pegs (Central and MBE) against the Actual and DCBE.
Monthly Actual vs Expected
Work closely with Regional actuarial team in monitoring monthly AvE and attend for early signals
Portfolio Management
Conduct detailed portfolio management segmentation analysis for Travel and Basic Book portfolio.
A&H/IPL Product/Business in actuarial, Insurance knowledge and understanding Chubb
Proven record of ability to work effectively in a highly-matrixed organization across all levels of an organization.
Possess strong influencing and interpersonal skills, honed in a demanding and high performing work environment.
Pricing and underwriting A&H/IPL accounts in a multinational environment.
Advanced level of programs and EMBLEM
Actuarial reserving & pricing experience
A passion for people and learning, helping people to be better/stronger in their skills.
Resilience and can-do attitude
An energy to get things moving and some wins on the board, for constant improvement
Open and strong communication, excellence in execution, innovative thinking, an inclusive mind-set
Bachelor’s Degree in Actuarial/Stats/Mathematics
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.
