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Assistant Vice President & Actuary- Construction

Posted on Oct 23, 2019 by Chubb

Philadelphia, PA 19019
Immediate Start
Annual Salary
Description: Chubb is the world's largest publicly traded property and casualty insurer. 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. The Assistant Vice President & Actuary will work within the Major Casualty Actuarial group as part of the Chubb North America Actuarial team. The position will serve as the Lead Actuary for the Construction unit and will report to the Lead Actuary for Major Casualty. It involves managing two direct reports. This position will have responsibility for Construction reporting, planning, profit studies and account pricing. Qualified candidates should be credentialed actuaries with six or more years of experience. Duties & Responsibilities: • Actuarial support for the Construction unit's monthly, quarterly, and annual monitoring and reporting of results, including rate, adequacy, and current accident year indications, AvE, aggregate monitoring,. • Actuarial account pricing support for the Construction unit. • Actuarial support for the Construction unit's planning, including detailed trend and portfolio analysis. • Actuarial Pricing support for the Construction unit Reserve reviews including XS of Agg monitor. • Actuarial support for development and maintenance of the Construction unit's pricing systems. • Actuarial support for the Annual Construction unit Profitability Studies. • Actuarial support for the Annual Construction Defect Study. • Work on other projects as requested or identified. Requirements: • BS degree or higher in Mathematics, Actuarial Science, Statistics, Finance, or a related field • ACAS; FCAS preferred • Proficiency in Excel; familiarity with SQL, Access, other MS Office applications a plus • Generally 8 years' experience with a property and casualty insurer or in a consulting role; recent, meaningful pricing experience • Ability to communicate results to underwriting/senior management • Ability to work effectively with/through a small staff of actuarial analysts and develop such • Ability to work independently with minimal supervision Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress.

Reference: 780725111

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