RIMS Career Center

The Assistant Actuary will work within the Major Accounts Casualty Actuarial group as part of the Chubb North America Actuarial team. The primary role is providing actuarial support for the Chubb Alternative Risk Solutions group (CARS) and DBA (CI and Major). The role is based in our Philadelphia, PA office (3+2 hybrid schedule) and reports to the Lead Actuary for the CARS and DBA team.

Duties & Responsibilities:

• Updates/maintenance of pricing models – CARS and DBA
• Large account pricing for CARS
• Assist with annual profitability study for DBA
• Assist with quarterly reports

Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. 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, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran or marital status, or any other characteristic protected by law.

Chubb strives to offer a diverse and inclusive and rewarding work environment.  Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills.  We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.

EEO Statement

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. 

Requirements:

• BS degree or higher in Mathematics, Actuarial Science, Statistics, Finance, or a related field
• ACAS preferred
• Proficiency in Excel; familiarity with VBA and other MS Office applications required; familiarity with SQL or R a plus
• 5+ years’ experience with a property and casualty insurer or in a consulting role; meaningful pricing experience preferred
• 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.