If working with one of the largest commercial insurers in the world appeals, then we would love to hear from you!
In EMEA, we write Property and Casualty (P&C) and Consumer Lines insurance through two brands, Chubb in Europe and Chubb Global Markets (CGM) under Lloyd’s Syndicate 2488.
Our actuarial function in London works across three teams: Pricing, Reserving and Catastrophe Risk Management - all under the overall direction of the Chubb European Group Chief Actuary. Whilst the actuarial positions within the business focus on their own individual area, there is a lot of interaction across the three teams.
This is a unique opportunity within the Pricing Actuarial Team, reporting to the Planning Manager for EMEA, to gain broad experience across multiples lines of business and disciplines and the opportunity to work closely with actuarial colleagues across the department and other teams such as Finance, Reinsurance, IT and actuaries in the wider group (Chubb Overseas General and North America).
Key responsibilities
1. Lead/support the development and enhancement of efficient tool kits and infrastructure for the Actuarial Pricing Function, to enable business critical delivery of Business Plan and Underwriting Risk Parameterisation for the whole of EMEA across all lines of business. Liaise with all Pricing Actuaries and other key stakeholders to ensure tools are fit for purpose. Engage and co-ordinate the support of other functions such as IT, BI and Finance to ensure seamless delivery.
2. Collaborate with multiple stakeholders (pricing actuaries, finance, reinsurance, reserving actuaries, cat modelling team etc) to build the annual plan and strategic plan.
3. Contribute to the success of Chubb by delivering timely, accurate and insightful management reports to the Senior Executive Team.
4. Support and co-ordinate the Pricing Actuarial’s effort in Underwriting Risk parameterisation
5. Support the Planning Manager in coaching and upskilling new or junior member of the team.
6. Along with these key responsibilities, there could be broader opportunities to assist in other actuarial pricing activities (. individual risk pricing, rate monitoring)
Knowledge & Experience:
7. Strong numerical and analytical capability. Ability to understand and grasp the nuance of numerical processes quickly, suggest and implement solutions.
8. Practical knowledge of MS Office Suite including VBA macros. Self starter / ability and interest to pick up and work with new technology / applications with ease. Working knowledge of Alteryx, R, SQL, Dataiku is a plus.
9. Good organisation skills and ability to deliver to tight timescales/ run with projects independently.
10. Adaptable to change and happy to take on a challenge, comfortable working in a dynamic environment with regular changing requirements.
11. Personable and good collaborator with other members of the team / wider team.
12. Good communicator.
13. Willingness and ability to support coaching other members of the team.
14. Prior experience with understanding and improving complex processes is a plus.
15. General Insurance experience a plus but not compulsory.