JOB DESCRIPTION

This position will be based in Whitehouse Station NJ and support Chubb's Personal Risk Services (PRS) Auto, Personal Umbrella and Rec Marine section of the Actuarial Department. This group is responsible for providing the financial analysis necessary for Chubb to sustain profitability and maintain a competitive position within the personal lines market. Expect significant interaction with Product Management, Data Sciences, and IT, as well as contact with our Corporate actuaries, Underwriting, and Claims.

MAJOR DUTIES & RESPONSIBILITIES:

• Collaborate with other areas of PRS (ex: Product Management, IT, Data Sciences, etc.) to implement actuarial rating plans for Auto and Personal Umbrella using the "Radar Live" software application.
• Collaborate with pricing actuaries to develop detailed rate level changes on a state by state basis. Quantify impacts of rate change proposals and communicate findings to management via clearly laid out reports, presentations and exhibits. Convert existing Excel based tools to Radar to enable more efficient rating analysis and implementation.
• Evaluate internal systems for efficiency, problems and inaccuracies. Develop and maintain protocols for handling, processing, and cleaning actuarial data.
• Execute exploratory data analysis to extract meaningful insights around the PRS portfolio; evaluate various algorithms and techniques for model development.
• Special projects as assigned.

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.