Job Description

The opportunity

Product and Pricing is a small, high-trust team, which means your work goes straight into pricing decisions, not into a queue.

You'll be doing VNB and profitability calculations that actually get used, with real scope to shape methodology rather than just execute it.

We're actively investing in automation, the ambition here isn't to keep pace with the market - it's to be the benchmark other insurers get compared against.

What you’ll own

• Own complex actuarial analysis and projects from assumption-setting through to final numbers - not just running the model, but standing behind it

• Develop, review and enhance the pricing models and methodologies the business actually prices off

• Calculate pricing across Chubb's products, weighing fair customer outcomes against sustainable margin - it's a balance, not a formula

• Run VNB and product profitability on a regular cycle, so the business always knows what's actually making money

• Sit at the table with Product, Finance, Risk and IT and make the actuarial story land.

• Identify and implement process improvements and automation opportunities

What you’ll bring

• Qualified or nearly qualified actuary (FIAA/FNZSA or equivalent)

• 3+ years pricing experience in life insurance or financial services

• Demonstrated expertise in pricing and product development

• Proficiency in relevant actuarial modelling software - Prophet, MoSes, R, Python or Excel

• Proven ability to communicate complex actuarial concepts to non-technical stakeholders

• Strong project You don’t not need to meet every requirement to apply. If this role sounds like a strong fit for your experience and the kind of environment where you would do your best work, we’d love to hear from you.

Location: Wellington or Auckland (Takapuna)

Role Type Full time, Permanent

Work Style Hybrid

Why join us

• Join a business with ambition, energy, and a clear direction
• Grow your career in an environment where contribution is recognised and strong performance matters
• We also know great outcomes come from different perspectives. We want to keep building a diverse workforce and an environment where good people can thrive, grow, and do their best work.

What we offer

• Flexible & Hybrid working

• Group Life, Trauma, Income, Healthcare and Travel Insurance

• Additional annual leave

• Kiwisaver paid on top of base salary

• Annual Bonus

• Stock Purchase options

• Wellbeing subsidy and partner discounts

• Endorse my cause & payroll giving

How we work

Our values shape how we work and what we look for in our people:
Teamworkwe back each other and work together to get the best outcome
Integrity we do the right thing and hold ourselves to high standards
Customer focus we keep customers at the heart of our thinking and decisions
Exceed we aim high, move with purpose, and deliver beyond expectations
Respect we value people, perspectives, and the contribution everyone brings

About Chubb Life NZ

Chubb Life Insurance New Zealand Limited is one of the country’s leading life insurers. Formerly known as Cigna, we’ve been operating in New Zealand for more than a century and are committed to being there for our customers when they need us most.

Learn more about Life at Chubb

Applications are reviewed as they are received, and as such, the role may close prior to the deadline date.

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