Senior Actuarial Analyst
Philadelphia, PA, United States
Overview:
This Senior Actuarial Analyst position is responsible for supporting the Accident & Health pricing unit of Commercial Insurance (CI) Actuarial. The role is based in our Philadelphia, PA office and reports to a Senior Assistant Actuary within the A&H pricing actuarial team.
Duties and Responsibilities related to these product lines:
- Support pricing and rater development for a variety of products including accident, dental, supplemental health and travel insurance
- Complete annual profit studies and reserve reviews, as well as ad-hoc pricing requests
- Work with A&H management to develop/revise rating algorithms, including providing actuarial rate filing support for state regulators
- Collaborate with various stakeholders including Underwriting, IT, Product Development and Filing teams
- Complete monthly, quarterly and annual reporting requirements for price monitoring, actual versus expected claim reviews and historical experience studies
Qualifications:
- Bachelor’s degree or higher in a quantitative field such as Mathematics, Actuarial Science, Statistics, Finance, Economics, or a related field.
- ASA preferred, or equivalent industry qualifications.
- 3+ years of relevant actuarial pricing or reserving experience, or a combination of relevant industry experience and technical skills.
- Proficiency in Excel
- 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) a plus
- Complex analytical and problem-solving skills; ability to determine the source of a problem and find effective solutions
- Clear organizational and documentation skills and an ability to meet scheduled due dates
- Dynamic collaboration skills and the ability to work closely with other disciplines; to provide clear and concise verbal and written communications regarding analyses and observations to non-actuarial business partners and leaders
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.
* Salary range is an estimate based on our AI, ML, Data Science Salary Index 💰
Tags: Economics Excel Finance Mathematics Python R SQL Statistics
Perks/benefits: Health care Insurance
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