Job Description

Are you a nearly qualified Actuary or an Actuarial student progressing well with the exams, who has proven case pricing and portfolio management experience?

If you are passionate about growing your skills and career at one of the largest Property & Casualty insurers in the world, then we would love to hear from you!

CHUBB Global Markets (“CGM”) is one of four main divisions of CHUBB European Group (“CEG”) and manages one of the top performing syndicates at Lloyd’s of London. This is a highly visible actuarial pricing role focused on leading the case pricing process, as well as supporting the lead actuary with delivering key priorities and strategic projects for the CGM Financial Lines & Cyber underwriting teams.

This role is based in London where you will have direct interaction with the underwriting teams.

Key Responsibilities:

• Be the key Actuarial partner to CGM Financial Lines underwriters on the case pricing of individual risks, in particular relating to our Professional Indemnity portfolios.
• Responsible for the case pricing process for CGM Financial Lines & Cyber pricing team, including maintaining records of risks priced, delegating and reviewing individually priced accounts, updating documentation and promoting best practice.
• Responsible for the development and calibration of experience rating tools, in support of case pricing of risks/binders. Collaborate with key stakeholders (Chubb Overseas General / underwriters) to ensure tool kits are fit for purpose.
• Assist the CGM Financial Lines & Cyber Actuary with other key priorities, including (but not limited to) assessing portfolio performance and formulating strategies to improve underwriting performance through portfolio reviews, planning, budgeting and forecasting; parameterisation of underwriting risk (Non-Cat Premium Risk);
• Lead the effort to provide regular reporting both internally and externally, including renewal rate change monitoring, new business adequacy and Lloyd’s reports, amongst others.
• Proactively engage with the wider Actuarial community as necessary in knowledge sharing / common actuarial projects.

Required Skills & Experience:

• Highly motivated, great team player, able to deal with different professional backgrounds and adaptable to a fast-paced environment.
• Experience in case pricing and portfolio management activities ideal.
• Loss Modelling and Statistical Analysis skills.
• Commercial insurance and systemic risk knowledge.
• Strong communicator who can articulate complex messages to a broad range of audiences in a clear and concise manner, both verbally and written; proficiency in English required.
• Strong systems / software / data management skills, and ability to learn new software on own initiative.
• Working knowledge of Microsoft Office (in particular Excel) and R is a must. Dataiku, VBA, ResQ, Radar, and Python experience would all be beneficial too.
• Expect candidates to have made reasonable progress with exams towards FIA qualification.

We offer in return:

Competitive remuneration package including pension and bonus. A host of additional benefits available upon request.

INTEGRITY. CLIENT FOCUS. RESPECT. EXCELLENCE. TEAMWORK

Our core values dictate how we live and work. We’re an ethical and honest company that’s wholly committed to its clients. A business that’s engaged in mutual trust and respect for its employees and partners. A place where colleagues perform at the highest levels. And a working environment that’s collaborative and supportive.

Diversity & Inclusion. At Chubb, we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.