VP Actuarial Insights - Philadelphia, United States - Chubb

Description

Job Description

Support the Overseas Actuarial and Finance departments with accurate and timely intelligence on drivers for performance and implement process improvements around systems and data.

• Engage with other areas such as Product, Finance, and Reserving and Portfolio Actuaries to develop a cohesive narrative around drivers for change in loss reserves, loss and combined ratios, and its impact on financial results
• Produce and/or coordinate production of statistical and financial actuarial stories and reports on:
  • Case incurred losses on a monthly basis
  • Prior period development
  • Catastrophe events
  • Loss ratio comparisons to Forecast, Plan, and Prior Year
  • Actual vs Expected analysis
  • Rate change, Exposure trend, Loss cost trend
• Support forecasting and monthly close processes, financial analysis of results and reconciliations
• Produce accurate and clear management summaries of regional actuarial analysis and assist COG actuarial leadership in the preparation of quarterly reserve reviews to management
• Collaborate with IT, Finance, and other relevant functional disciplines to design and manage processes aimed to gain efficiencies in collecting, aggregating and presenting actuarial information
• Constantly review key actuarial processes and recommend improvements and innovative solutions to Corporate Actuary and Chief Actuary

Qualifications

• FCAS designation for Casualty Actuarial Society
• Minimum 8 years experience in Property and Casualty Actuarial analysis and metrics
• Excellent communication skills to actuarial and business leaders
• Ability to extrapolate business application from data metrics
• Must be an enthusiastic, dedicated self-starter
• Advanced level knowledge of MS Office products - Excel, PowerPoint and Word
• Ability to familiarize and data mine quickly with new software
• Must be able to multi-task & prioritize assignments
• Requires strong interpersonal and organizational skills

About Us

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.