The opportunity
Product and Pricing is a small, high-trust team, which means your work goes straight into pricing decisions, not into a queue.
You'll be doing VNB and profitability calculations that actually get used, with real scope to shape methodology rather than just execute it.
We're actively investing in automation, the ambition here isn't to keep pace with the market - it's to be the benchmark other insurers get compared against.
What you’ll own
Own complex actuarial analysis and projects from assumption-setting through to final numbers - not just running the model, but standing behind it
Develop, review and enhance the pricing models and methodologies the business actually prices off
Calculate pricing across Chubb's products, weighing fair customer outcomes against sustainable margin - it's a balance, not a formula
Run VNB and product profitability on a regular cycle, so the business always knows what's actually making money
Sit at the table with Product, Finance, Risk and IT and make the actuarial story land.
Identify and implement process improvements and automation opportunities
What you’ll bring
Qualified or nearly qualified actuary (FIAA/FNZSA or equivalent)
3+ years pricing experience in life insurance or financial services
Demonstrated expertise in pricing and product development
Proficiency in relevant actuarial modelling software - Prophet, MoSes, R, Python or Excel
Proven ability to communicate complex actuarial concepts to non-technical stakeholders
Strong project You don’t not need to meet every requirement to apply. If this role sounds like a strong fit for your experience and the kind of environment where you would do your best work, we’d love to hear from you.
Location: Wellington or Auckland (Takapuna)
Role Type Full time, Permanent
Work Style Hybrid
Why join us
- Join a business with ambition, energy, and a clear direction
- Grow your career in an environment where contribution is recognised and strong performance matters
- We also know great outcomes come from different perspectives. We want to keep building a diverse workforce and an environment where good people can thrive, grow, and do their best work.
What we offer
Flexible & Hybrid working
Group Life, Trauma, Income, Healthcare and Travel Insurance
Additional annual leave
Kiwisaver paid on top of base salary
Annual Bonus
Stock Purchase options
Wellbeing subsidy and partner discounts
Endorse my cause & payroll giving
How we work
Our values shape how we work and what we look for in our people:
Teamwork we back each other and work together to get the best outcome
Integrity we do the right thing and hold ourselves to high standards
Customer focus we keep customers at the heart of our thinking and decisions
Exceed we aim high, move with purpose, and deliver beyond expectations
Respect we value people, perspectives, and the contribution everyone brings
About Chubb Life NZ
Chubb Life Insurance New Zealand Limited is one of the country’s leading life insurers. Formerly known as Cigna, we’ve been operating in New Zealand for more than a century and are committed to being there for our customers when they need us most.
Learn more about Life at Chubb
Applications are reviewed as they are received, and as such, the role may close prior to the deadline date.
#ChubbLifeNewZealand
Skills Required
- Qualified or nearly qualified actuary (FIAA/FNZSA or equivalent)
- 3+ years pricing experience in life insurance or financial services
- Demonstrated expertise in pricing and product development
- Proficiency in actuarial modelling software (Prophet, MoSes, R, Python, Excel)
- Proven ability to communicate complex actuarial concepts to non-technical stakeholders
- Strong project management skills
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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