Job Information
Chubb VP & Actuary in Whitehouse Station, New Jersey
JOB DESCRIPTION
This Vice President & Actuary position is responsible for leading and managing the actuarial staff in the Workers Compensation pricing unit of Commercial (CI) Actuarial. The role is based in either Whitehouse, NJ or Philadelphia, PA with some flexibility for additional locations. The role reports to the Lead Actuary for Commercial Insurance. There is flexibility to fill this position at a lower job grade for qualified candidate with less than 10 years of experience.
Duties and Responsibilities related to these product lines:
Work closely with CI management to set priorities for Workers Compensation and Construction
Manage the actuarial pricing team including setting the staff's priorities/workloads and training/developing
Work with CI management to review manual rates and perform dislocation analysis in support of NCCI/bureau loss cost updates
Work with the predictive analytics team to support CI underwriting initiatives, including WC pricing model development
Coordinate actuarial support for multi-line Construction portfolio
Oversee large account pricing work
Complete annual pricing studies, as well as ad-hoc pricing study requests
Oversee annual loss trend analysis and quarterly monitoring
Complete monthly, quarterly and annual reporting requirements for price monitoring
Assist in developing the annual financial plan
Support the purchase and placement of reinsurance
Complete quarterly dividend declarations and annual dividend reserve analysis
QUALIFICATIONS
Qualifications:
ABOUT US
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.
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity