Job Description
About the Role
This is a high-impact leadership opportunity at the heart of one of the world's premier insurance organizations. As SVP, Chubb Overseas General Reserving and Reporting, you will contribute to actively monitoring Chubb’s reserve position while driving constant innovation within our actuarial practice. You will collaborate with a talented team of actuarial professionals across US, UK and Europe, Latin America, Asia Pacific, Japan and China to ensure reserve integrity and analytical excellence and will partner with senior executives across the enterprise to deliver strategic insights.
This role is preferably based on our Philadelphia PA office, reports directly to the Chubb Overseas General (COG) Chief Actuary and manages a central team of two actuaries.
What You'll Do
- Own Chubb Overseas General (COG) actuarial loss reserving, planning, and financial reporting processes including communication with COG executive leadership.
- Partner with the regional teams including reserving, pricing, underwriting, and claims to ensure appropriate inputs are captured into the reserving process, differing perspectives are discussed, and results and emerging trends are shared in the form of actionable insights with senior management.
- Prepare necessary summaries of reserve studies, current accident year analyses and actual vs. expected activity in support of the quarterly close and regular monthly monitoring.
- Conduct ad-hoc reserve and loss ratio studies to monitor loss activity and reserve and loss ratios adequacy as needed.
- Ensure management actions as approved by the COG and Group reserve committees are appropriately documented, correctly booked and reflected in various management and financial reports.
- Partner with Finance to communicate the key drivers of the loss ratio variances as part of the forecasting process.
- Initiate and lead efforts to improve reserving process efficiency, documentation, methodologies, and tools including strategic decisions about how the studies are constructed/aggregated.
- Support external reserve reviews, analyze findings and conclusions from the studies and recommend modifications to own reserving process as appropriate.
- Oversee and support relevant statutory or SEC reporting processes, including general documentation and 10k filings.
- Foster data integrity, quantitative discipline, and analytical rigor
- Ensure professionalism, strong control environment, and adherence to actuarial principles and Company practices
- Encourage continuous learning and promote career growth of staff
- FCAS or ACAS designation (or international equivalent)
- 15+ years of broad actuarial experience across a wide range of property & casualty lines of business, with deep expertise in reserving practices
- Exceptional written and oral communication skills — able to distill complex analysis into clear, executive-ready narratives
- Decisive leadership style balanced with intellectual openness and curiosity
- Proven ability to manage, motivate, and develop high-performing actuarial teams
- Outstanding analytical and quantitative skills paired with strong business acumen
- Strategic thinker with sharp attention to detail and a consistent track record of meeting deadlines
- Unimpeachable integrity, objectivity, and professional confidence
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.
