JOB DESCRIPTION

This role reports to the SVP, Actuary, COG and is part of a small team in Philadelphia (or London) that supports the actuarial home office function of estimating, analyzing, and presenting the financial risks associated with P& C insurance products related to the Overseas General division of Chubb which covers businesses in Europe, Asia Pacific, Latin America, and Japan. The VP Reserving actuary role interacts with the Chief Actuary (COG), lead product line COG Pricing actuaries, regional reserving teams, and Finance (COG and regions).

Duties & Responsibilities

• Partner with regional and COG home office actuarial teams to provide meaningful insights from the reserve studies to inform recommendations and influence decisions about reserve position and planning
• Analyze various premium, claims and reserving metrics monthly to identify, assess and communicate deviations and emerging trends to relevant stakeholders
• Review regional actuarial loss reserve and planning analyses, conduct independent studies as needed, provide and collate feedback to and from the regions, and produce accurate and clear management summaries of the findings.
• Assist COG Actuarial and Finance leadership in the preparation and presentation of quarterly reserve reviews to Management.
• Develop an understanding of the regional reserving teams data, systems, tools, processes and people.
• Collaborate with IT, Finance and other relevant functional disciplines including regional teams to design and manage processes aimed to gain efficiencies in collecting, aggregating and presenting actuarial information.
• Create, manage, and maintain actuarial dashboards and reports as required to be used for assessing key insurance and financial metrics.
• Provide monthly support to financial reporting required of COG home office reserving function.

ABOUT US

Chubb is a world leader in insurance. With operations in 54 countries, 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 distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.