Philadelphia, PA
17 hours ago
VP, Actuary, Planning and Reporting

This Vice President & Actuary position is responsible for leading the portfolio management support for the Global Casualty Domestic (GCD) unit. It involves managing two direct reports. This position will have responsibility for GCD profit studies, pricing factor reviews, reporting and planning. The role is based in Philadelphia, PA reporting to the Lead Actuary for Global Casualty.

Duties and Responsibilities related to this position:

Lead Actuarial support for the Annual GCD Profitability Studies. Oversee Actuarial support for the review and implementation of pricing factor/model updates to GCD’s pricing systems.  Provide Actuarial pricing support for the GCD Reserve reviews including Expected Loss Ratio (ELRs), EBUB/EBNR reviews, XS of Agg monitor and other inputs as needed. Lead the Actuarial support for GCD monthly, quarterly, and annual monitoring and reporting of results, including current accident year indications, AvE, and claim trend monitoring. Lead Actuarial support for GCD planning, including detailed trend and portfolio analysis.  Oversee Actuarial support for the annual WC CAT treaty renewal submission  Work on other projects as requested or identified.

Bachelor’s degree or higher in a quantitative field such as Mathematics, Actuarial Science, Statistics, Finance, Economics, or a related field. 

10+ years of actuarial pricing or reserving experience ACAS or FCAS certification preferred, or equivalent industry qualifications.  Proficiency in Excel is required. Familiarity with programming languages and tools such as Radar / SQL / R / Python is advantageous. Strong attention to detail and willingness to learn new tools and technologies. Previous managerial or supervisory experience is strongly preferred, but not required. We are open to individuals who have demonstrated leadership potential in other ways, such as leading projects or mentoring colleagues. Excellent analytical and problem-solving skills are essential to excel in this role. Strong organizational and documentation skills are required, along with the ability to prioritize multiple competing deliverables and manage time effectively to meet scheduled due dates. Strong collaboration skills are important, with the ability to work closely with individuals from diverse backgrounds and disciplines. Excellent interpersonal and communication skills are essential, along with the ability to provide clear and concise verbal and written communications to stakeholders at various levels of the organization. Desire to work in a fast-paced, fluid environment where new challenges and opportunities arise regularly. We value adaptability, resourcefulness, and a growth mindset.

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.

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