Assistant Actuary

This Assistant Actuary position is primarily responsible for Actuarial development and maintenance of Chubb Multinational Pricing systems. The role is based in our Philadelphia, PA office and reports to the Lead Actuary for the Chubb Multinational Actuarial team. There is flexibility to fill this position at a lower job grade for a qualified candidate with less experience.

Duties & Responsibilities:

• Working with Underwriting to determine needed requirements.
• Working with IT support to design specifications.
• Management of offshore IT resources in support of actuarial processes.
• Development of rating algorithms to support pricing benchmarks.
• Actuarial support for pricing system enhancement testing and Help Desk response.
• Work on other projects as requested or identified.

Requirements:

• BS degree or higher in Mathematics, Actuarial Science, Statistics, Finance, or a related field 
• ACAS or higher preferred, or equivalent industry qualifications. We recognize alternative paths to gaining expertise, so if you have different certifications or relevant qualifications, we are open to considering them.
• Proficiency in Excel; familiarity with SQL, R-Studio, Python, and/or other MS Office applications a plus 
• 6+ years’ experience with a property and casualty insurer or in a consulting role; recent, meaningful pricing experience
• Ability to work effectively with other disciplines
• Ability to work independently with minimal supervision
• Familiarity with system design and workflow a plus.

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.