JOB DESCRIPTION TITLE: Assistant Vice President - Reinsurance Pricing & Reserving About Chubb Tempest Re
Located in Stamford, Connecticut, we sell property & casualty treaty reinsurance products to domestic insurance companies and alternative risk vehicles. We reinsure diverse & unique client portfolios that offer our underwriting & claims professionals exposure to all types of interesting structures & risks. SCOPE and KEY OBJECTIVES
Key Objectives:
To perform technical analyses of reinsurance risks and communicate your findings to fellow actuaries and underwriters. Assist with developing quarterly reserve analysis and prepare recommendations for senior management.
Scope:
Actuary will be given the opportunity to price individual treaties from start to finish with a peer review process at the end where the actuary will be expected to identify and support assumptions.
Lines of business include: Auto; Casualty; Workers Compensation; Professional Liability; Property; and Accident & Health. Actuary will also be involved in presenting findings to the underwriters and management and provide qualitative input. Also actuary will become familiar with actuarial database and work with claims and underwriting to prepare comprehensive view of loss reserves.
This position reports directly to the Chief Actuary. MAJOR DUTIES & RESPONSIBILITIES
• Pricing of reinsurance treaties for both property and casualty lines of business
• Developing expertise in specific lines of business and develop models, parameters and various other pricing tools to be used in quantifying risk in these lines
• Preparing in-depth reserve study to analyze current reserve position by line of business MINIMUM REQUIREMENTS
• 5+ years of reinsurance or large account property and casualty pricing experience.
• ACAS or near ACAS
• Strong written and oral communication skills with the ability to present actuarial concepts to underwriters and management
• Strong computer skills - knowledge of Excel, Visual Basic and SQL DESIRED QUALIFICATIONS
• Strong programming knowledge - ability to program in SQL QUALIFICATIONS TITLE:
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DESIRED 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.
