Vice President & Actuary

This Vice President & Actuary position is responsible for leading and managing the actuarial staff in the Commercial Auto pricing unit of Commercial (CI) Actuarial. The role is based in either Whitehouse, NJ, Philadelphia, PA or Simsbury, CT with some flexibility for additional locations. The role reports to the Lead Actuary for the Commercial Insurance Division. There is flexibility to fill this position at a lower job grade for a qualified candidate with less than 10 years of experience.

• Work closely with CI management to set priorities for Commercial Auto
• Manage the actuarial pricing team including setting the staff’s priorities/workloads and training/developing
• Complete annual pricing studies, as well as ad-hoc pricing study requests
• Oversee annual loss trend analysis
• Work with CI management to develop/revise rating algorithms, including providing actuarial rate filing support for state regulators
• Support the rollout of Chubb’s new Auto product targeted at Small and Lower Middle Market customers
• Collaborate with other Auto actuarial groups across business units to share knowledge and introduce efficiencies where appropriate
• Complete monthly, quarterly and annual reporting requirements for price monitoring and actual versus expected
• Assist in developing the annual financial plan and quarterly evaluation of current accident year results
• Support the purchase and placement of reinsurance
• Work with the modeling team to support underwriting initiatives

• Bachelor’s degree or higher in a quantitative field such as Mathematics, Actuarial Science, Statistics, Finance, Economics, or a related field
• 10+ years of actuarial pricing or reserving experience
• ACAS or FCAS certification preferred, or equivalent industry qualifications
• Proficiency in Excel is required. Familiarity with programming languages and tools such as Radar / SQL / R / Python is advantageous but not required
• Strong attention to detail and willingness to learn new tools and technologies
• Previous managerial or supervisory experience is strongly preferred but not required
• Excellent analytical and problem-solving skills are essential to excel in this role
• Strong organizational and documentation skills are required, along with the ability to prioritize multiple competing deliverables and manage time effectively to meet scheduled due dates
• Strong collaboration skills are important, with the ability to work closely with individuals from diverse backgrounds and disciplines
• Excellent interpersonal and communication skills are essential, along with the ability to provide clear and concise verbal and written communications to stakeholders at various levels of the organization
• Desire to work in a fast-paced, fluid environment where new challenges and opportunities arise regularly
• We value adaptability, resourcefulness, and a growth mindset

• 401k matching
• Health insurance
• Reinsurance
• Life insurance
• Supplemental health insurance
• Disability insurance
• Retirement plan
• Paid time off
• Paid holidays
• Employee assistance program
• Employee discounts
• Employee recognition program
• Employee wellness program
• Employee stock purchase plan
• Flexible spending account
• Health savings account
• Life insurance
• Long-term care insurance
• Medical expense reimbursement
• Paid parental leave
• Paid sick leave
• Retirement savings plan
• Stock options
• Stock purchase plan
• Travel insurance
• Vision insurance

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.