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Chubb
Philadelphia, Pennsylvania, United States
(on-site)
Posted
21 hours ago
Chubb
Philadelphia, Pennsylvania, United States
(on-site)
Job Type
Full-Time
AVP & Actuary
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
AVP & Actuary
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
JOB DESCRIPTIONThis position is responsible for leading and managing actuarial staff in the Property & Inland Marine unit of Westchester Actuarial. Westchester is Chubb's wholesale division, which focuses primarily on middle market risks distributed through wholesalers. The role is based in Philadelphia, PA, and reports to the Lead Actuary for Westchester.
Responsibilities will include:
- Oversee the day-to-day actuarial support for Westchester Property and Inland Marine through training and managing three actuarial analysts.
- Large account pricing
- Completion of annual profitability study
- Production of monthly and quarterly management reporting including rate monitor
- Assisting in development of the annual financial plan; providing loss ratio projections and planning documents as needed by Corporate Actuarial
- Current Accident Year Actual vs Expected analysis on a monthly basis
- Supporting pricing tools by developing needed enhancements, working with IT to implement, and testing prior to release
- Responding to periodic requests via ad hoc analyses and reports
- Work closely with the underwriting team to understand their needs and enhance actuarial analyses and reporting to support a profitable portfolio
- Work closely with other Chubb and Westchester actuaries to encourage a consistent actuarial approach within Property lines across North America
Requisition #: 31224
5ah5d54a
Job ID: 82801765

Chubb
Insurance
United States
For more than 125 years, the Chubb Group of Insurance Companies has been delivering exceptional property and casualty insurance products and services to businesses and individuals around the world.
Today, we are the 11th largest property and casualty insurer in the United States and have a worldwide network of some 120 offices in 28 countries staffed by 10,600 employees. The Chubb Corporation reported $50.6 billion in assets and $14.1 billion in revenues in 2007. According to Fortune magazine, Chubb is the 180th largest ...
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