Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Design and build pricing models for Chubb’s Commercial Insurance portfolio.
- Company: Join a leading global insurance provider with a focus on innovation.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Why this job: Make a real impact in the insurance industry with cutting-edge modelling techniques.
- Qualifications: 5+ years in insurance, strong coding skills in SQL and Python required.
- Other info: Collaborative environment with a focus on continuous learning and development.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
As a Pricing Modeller, you will play a key role in designing, building, and maintaining pricing models to support Chubb’s Commercial Insurance portfolio. You will collaborate closely with pricing actuaries, underwriters, analytics, and data teams to ensure pricing models are robust, scalable, and aligned with business needs. This is a hands‑on role with a strong focus on technical modelling, requiring clear communication and collaboration across multiple stakeholders.
Key Responsibilities
- Build risk models across products covering Property, Casualty, and Financial Lines among others.
- Develop pricing tools to support scalable growth in the small commercial market.
- Maintain and enhance existing pricing models, ensuring they remain aligned with business strategy and market trends.
- Recalibrate current models to reflect current experience and assumptions.
- Continuously research and evaluate new data sources (both internal and third‑party) and integrate them into models to enhance predictive power and improve pricing accuracy.
- Collaborate with the wider pricing team globally to share best practices in pricing modelling.
- Support pricing modernization initiatives, including building and migrating raters in Radar.
- Standardize modeling processes to ensure scalability and efficiency across product lines.
Qualifications
- Solutions‑focused, proactive, and accountable, with a strong sense of ownership.
- Fluent in English, with excellent written and verbal communication skills.
- Minimum 5 years’ experience in Property, Casualty, Financial Lines, Marine, or similar insurance domains.
- Advanced coding and software skills, including proficiency in SQL and Python; experience with WTW (Radar) is highly desirable.
- Demonstrated ability to independently build and review predictive models.
- Strong attention to detail, with the ability to manage multiple tasks and stakeholders in a fast‑paced environment.
- Effective interpersonal skills, with a collaborative approach and adaptability to change.
- Proven track record of meeting deadlines and managing competing priorities.
Seniority level
Mid‑Senior level
Employment type
Full‑time
Job function
Finance and Sales
Industries
Insurance
#J-18808-Ljbffr
ePricing Actuary, Model Development employer: Chubb
Contact Detail:
Chubb Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land ePricing Actuary, Model Development
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and actuarial fields. Attend industry events or webinars where you can meet potential employers and showcase your skills. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Since this role involves advanced coding and modelling, be ready to discuss your experience with SQL and Python. Practise explaining your past projects clearly and confidently.
✨Tip Number 3
Showcase your collaborative spirit! During interviews, highlight examples of how you've worked with cross-functional teams. This will demonstrate that you can effectively communicate and work alongside pricing actuaries, underwriters, and data teams.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Plus, it’s a great way to ensure your application gets noticed by the right people. Let’s get you that ePricing Actuary role!
We think you need these skills to ace ePricing Actuary, Model Development
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the ePricing Actuary role. Highlight your experience in Property, Casualty, and Financial Lines, and showcase your coding skills in SQL and Python. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing models and how your proactive approach can contribute to our team. Don't forget to mention any relevant projects or achievements that demonstrate your expertise.
Showcase Collaboration Skills: Since this role involves working closely with various teams, make sure to highlight your collaboration skills in your application. Share examples of how you've successfully worked with others to achieve common goals, especially in fast-paced environments.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you'll be able to submit all your documents in one go. Plus, it shows us you're serious about joining the StudySmarter family!
How to prepare for a job interview at Chubb
✨Know Your Models Inside Out
Make sure you’re well-versed in the pricing models relevant to the role. Brush up on your knowledge of risk models across Property, Casualty, and Financial Lines. Be ready to discuss how you’ve built or enhanced models in the past, and think about specific examples that showcase your technical skills.
✨Showcase Your Coding Skills
Since advanced coding skills are crucial for this position, be prepared to demonstrate your proficiency in SQL and Python. You might even want to bring along a portfolio of your work or examples of projects where you’ve used these languages effectively. This will show that you can hit the ground running.
✨Communicate Clearly and Collaboratively
Given the collaborative nature of the role, practice articulating your thoughts clearly. Think about how you can explain complex modelling concepts in simple terms. Prepare to discuss how you’ve worked with different teams in the past and how you’ve navigated challenges in communication.
✨Stay Updated on Market Trends
Research current trends in the insurance market and be ready to discuss how they might impact pricing strategies. This shows that you’re proactive and solutions-focused. Bring insights on new data sources or methodologies that could enhance predictive power in pricing models.