AVP & Actuary
at Combined Insurance
Whitehouse Station, New Jersey, USA -
Start Date | Expiry Date | Salary | Posted On | Experience | Skills | Telecommute | Sponsor Visa |
---|---|---|---|---|---|---|---|
Immediate | 05 Jul, 2024 | Not Specified | 06 Apr, 2024 | N/A | Good communication skills | No | No |
Required Visa Status:
Citizen | GC |
US Citizen | Student Visa |
H1B | CPT |
OPT | H4 Spouse of H1B |
GC Green Card |
Employment Type:
Full Time | Part Time |
Permanent | Independent - 1099 |
Contract – W2 | C2H Independent |
C2H W2 | Contract – Corp 2 Corp |
Contract to Hire – Corp 2 Corp |
Description:
The AVP, Actuary supports Chubb Personal Risk Services (PRS). The PRS Actuarial team is responsible for providing the financial analysis necessary for Chubb to sustain profitability and maintain a competitive position within the personal lines market. Expect significant interaction with Product Management, Data Sciences, State Filings, and IT, as well as contact with our Corporate Actuaries, Underwriting, and Claims.
Responsibilities:
MAJOR DUTIES & RESPONSIBILITIES:
- Supervising a team of four actuarial analysts.
- Producing state-level Homeowners rate indications and presenting key findings to Actuarial and Product Management.
- Collaborating with Product Managers to develop pricing strategies; quantifying the expected rate and profitability impacts of such initiatives.
- Oversee development and implementation efforts for the Homeowners By-Peril rating plan for new business implementations by jurisdiction.
- Advance the granularity of our Masterpiece rating plans and their ability to match rate to risk, leveraging actuarial work products as well as key outputs from other analytical areas such as Data Science and CAT modeling. Ensure pricing sophistication keeps up with inflationary and other exogenous trends as well as leading industry practices.
- Contribute to efforts to streamline workflows and leverage modern tools to create capacity for more detailed actuarial analysis.
- Participating in the annual countrywide Profitability Study and other Homeowners strategic projects.
- Providing prompt responses to business requests and operational demands.
- Providing actuarial support for rate filings.
REQUIREMENT SUMMARY
Min:N/AMax:5.0 year(s)
Financial Services
IT Software - Other
Finance
Graduate
Proficient
1
Whitehouse Station, NJ, USA