Chubb · 20 hours ago
AVP & Actuary
Jersey City, NJ
Full-time
Onsite
Senior Level, Lead/Staff
8+ years expChubb is a world leader in insurance, providing a diverse range of insurance products and services. They are seeking an Assistant Vice President & Actuary to lead portfolio management and process modernization efforts, focusing on developing tools and processes that enhance decision-making and drive transformation within the Commercial Insurance portfolio.
Commercial InsuranceFinancial ServicesHealth InsuranceInsuranceMortgageRisk Management
Responsibilities
Lead the revamp of on-level and price monitoring capabilities, building and maintaining a facility that provides regular, timely, and accurate on-level and exposure-trended premium across various risk cohorts
Enhance price monitoring frameworks by integrating granular rate adequacy concepts into existing workflows, enabling more sophisticated analysis of pricing adequacy at detailed risk segment levels
Develop and maintain robust, well-documented tools, reports, and dashboards to support portfolio management activities across Commercial Insurance, enabling key stakeholders to monitor performance and make data-driven decisions
Mature the portfolio management support function by creating detailed scenario testing capabilities and analytical tools that enable portfolio managers to evaluate strategic decisions and optimize portfolio performance
Support monthly, quarterly, and annual reporting requirements by streamlining data collection, analysis, and presentation processes to ensure accuracy and timeliness
Support and enhance key actuarial work products including profitability analysis and planning processes through automation, standardization, and modernization of analytical workflows
Collaborate closely with line actuarial leaders, portfolio managers, and cross-functional teams to identify opportunities for process improvement and deliver timely, actionable insights that support strategic initiatives
Partner with Technology, Underwriting, and Data Analytics teams to design, implement, and maintain scalable solutions that improve efficiency and effectiveness of recurring and ad-hoc analyses
Drive continuous improvement initiatives by identifying pain points in existing processes, proposing innovative solutions, and implementing best practices from digital transformation efforts
Proactively engage with portfolio managers across multiple lines of business to understand their analytical needs, translate requirements into technical solutions, and communicate findings through clear, concise presentations
Act as a subject matter expert in process modernization, sharing knowledge and best practices across the actuarial team and promoting a culture of innovation
Support ad-hoc actuarial initiatives and special projects as needed, bringing a process-oriented mindset to ensure efficient execution and sustainable solutions
Qualification
Required
Bachelor's degree or higher in Mathematics, Actuarial Science, Statistics, Computer Science, Finance, Economics, or a related quantitative field
8+ years of actuarial or analytical experience in insurance, with a focus on process improvement, automation, or analytics. Experience across multiple lines of business is beneficial but not required
Strong proficiency in programming languages such as VBA, R, Python, and SQL is required. Demonstrated experience building analytical tools, automating workflows, and working with large datasets
Excellent analytical and problem-solving skills, with the ability to translate business requirements into technical solutions
Strong organizational and documentation skills, with attention to detail and commitment to building maintainable, scalable solutions
Ability to manage multiple competing priorities and deliverables effectively in a fast-paced, dynamic environment
Exceptional collaboration skills, with the ability to work effectively across multi-disciplinary teams and stakeholders at all levels
Excellent interpersonal and communication skills, with the ability to explain complex technical concepts to both technical and non-technical audiences
Self-motivated individual contributor with strong initiative and ability to work independently while maintaining alignment with team objectives
Growth mindset with enthusiasm for learning new technologies, embracing change, and driving innovation
Preferred
ACAS or FCAS certification preferred, or equivalent industry qualifications. Alternative relevant credentials will be considered
Prior experience with price monitoring, profitability analysis, and planning processes is a plus
Experience with transformation initiatives, process improvement methodologies, and leveraging AI/machine learning solutions is highly desirable
Company
Chubb
Chubb is a mortgage firm that offers risk management, property, health, personal, business, health, home, and life insurance.
10001+ employees
H1B Sponsorship
Chubb has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
$10.25BKey Investors
Berkshire Hathaway
2025-08-04Post Ipo Debt· $1.25B
2024-07-29Post Ipo Debt· $1.3B
2024-05-15Post Ipo Equity· $6.7B
Leadership Team
Annmarie Dugan Hagan
CFO Operations Technology & Transformation Chubb Group
John Keogh
President & Chief Operating Officer
Recent News
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2026-01-22
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2026-01-08
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