Senior Pricing Actuary, Casualty

Are you a qualified or nearly qualified Actuary with proven Pricing and Portfolio Management experience?

If you are passionate about growing your skills and career with one of the largest Property & Casualty insurers in the world, then we would love to hear from you!

CHUBB Europe P&C is one of four main divisions of CHUBB European Group (CEG). This is a highly visible actuarial pricing role responsible for a book of almost $1b gross written premium, leading the effort of partnering Casualty underwriters in Continental Europe, Middle East and North Africa (CEMENA) and providing technical expertise to the Head of CEMENA Casualty in executing key priorities and strategic projects.

The role is based in Paris, with some occasional travel to other parts of Chubb’s European network, particularly the largest European operations in Germany, Italy, Spain, Netherlands, Switzerland, Sweden, Denmark and Belgium, and to the UK.

Key Responsibilities

Be the Lead Actuarial Partner to CEMENA Casualty underwriters in assessing portfolio performance and formulating strategies to improve underwriting performance. Portfolio management and risk selection through the application of technical models. Responsible for the completion of CEMENA Casualty profitability studies/ performance reviews, planning, budgeting and forecasting.

Case pricing – recommending or peer reviewing recommended premiums (and aggregate deductibles and collateral requirements) for large individual insureds through modelling their loss data, communicating and justifying recommendations to the major account underwriters.

Lead the effort in monitoring and communicating key portfolio trend/ statistics/ insights to underwriters and senior management, including but not limited to quarterly business performance reviews, performance dashboard updates, renewal rate change and adequacy monitoring, inflation impact etc.

Lead the parameterization of underwriting risk for CEMENA Casualty, for the purpose of Chubb Global Capital Model.

Assist in the development and calibration of exposure and experience rating tools/ engines, in support of benchmark rating/ case pricing of risks/binders/facilities. Collaborate with key stakeholders (Chubb Overseas General / underwriters) to ensure tool kits are fit for purpose.

Proactively engaged with the wider Actuarial community (e.g. Reserving, CAT teams) in knowledge sharing/ common actuarial projects.

The role will involve direct management responsibility for 2 analysts and additional interns where appropriate, and indirect coaching/ workflow guidance responsibility for a shared pool of offshore analysts.

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