This role operates on a hybrid schedule and is based in our Whitehouse Station, NJ office supporting Chubb Personal Risk Services (PRS). The PRS Actuarial team 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, State Filings, and IT, as well as contact with our Corporate Actuaries, Underwriting, and Claims.

MAJOR DUTIES & RESPONSIBILITIES:                                                                                                                                                       

Produce state-level indications and territorial pricing analyses; present key findings to actuarial and business management.  Collaborate with Product Managers to develop proposals for strategic pricing revisions as well as the implementation of the Homeowners By-Peril rating plan; quantify impacts of rate change proposals and communicate findings to management via clearly laid out reports, presentations, and exhibits.  Craft actuarial state filing documents to satisfy regulatory requirements and pursue approval from state departments of insurance.  Participating in the annual countrywide Profitability Study and other Homeowners strategic projects, as assigned. Providing prompt responses to business requests and operational demands.

MINIMUM REQUIREMENTS:

Bachelor’s or master’s degree in Actuarial Science, Mathematics, Statistics, Finance, or similar technical discipline. 3+ years of experience in property/casualty actuarial disciplines; personal lines ratemaking or reserving experience is a plus. 3+ actuarial exams Strong analytical skills with the ability to provide clear and concise verbal and written communications of analyses, financial results, and work products. Excellent organizational skills along with the ability to maintain adequate documentation and record keeping. Experience in a programming language such as SQL, Python or R.