Senior Actuarial Analyst

The Risk Modeling Unit (RMU) at Chubb is responsible for describing the company’s risk profile using a stochastic capital model and evaluating Chubb's internal economic capital. The Calibration team within RMU works with various internal teams and external regulators to ensure the capital model accurately reflects Chubb's risk profile.

We are seeking a motivated and detail-oriented Senior Actuarial Analyst to join the Calibration team within the RMU. The ideal candidate will contribute to Chubb’s Risk Modeling efforts by supporting the calibration of the stochastic capital model and collaborating with experts in actuarial, catastrophe modeling, and asset management. This position is based in Whitehouse Station, NJ. 

Responsibilities:

• Assist in the calibration of the stochastic capital model, ensuring parameters and inputs are accurate and up-to-date. Use calibration models and technology platforms to support business needs.
• Support the quarterly production of global economic indices such as interest rates, inflation and exchange rates. Collaborate with Asset Management to ensure accurate representation of Chubb’s asset risk.
• Follow established governance processes for calibration methods and procedures. Document and monitor model limitations, and assist in identifying areas for improvement.
• Assist in preparing materials and data for internal model regulatory approvals in France and Switzerland. Provide analytical support for risk profile evaluations and other business areas, such as Treasury and subsidiaries’ strategic planning.

Qualifications:

• BS/BA Degree or higher in Mathematics, Actuarial Science, Statistics, Finance, or a related field 
• 3+ years of actuarial experience
• Progress toward ACAS or FCAS credential preferred 
• Familiarity with a programming or querying language, such as SQL / R / Python along with a keenness for data (collection, manipulation, report design, sensibility checks, and attention to detail) is a plus
• Familiarity with concepts in statistics and data science 
• Ability to work independently and communicate ideas effectively 
• Well organized and able to maintain good documentation and record keeping
• Desire to work in a fast-paced, fluid environment with a focus on innovation and continuous improvement.

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.