UKI Casualty Senior Pricing ActuaryAre you a qualified Actuary with 2+ years' post-qualified experience, preferably in Casualty Pricing and Portfolio Management? This is a highly visible actuarial pricing role responsible for a book of c.$700m gross written premium, leading the effort of partnering UK and Ireland Casualty underwriters and providing technical expertise to the Head of UKI Casualty in executing key priorities and strategic projects. Based in our London office and reporting to the Europe Casualty Pricing Manager, you will play a key role in team leadership. This position offers the opportunity to manage one direct report while coordinating the workflow for our shared analyst team in India. Performance Management and Monitoring: Partner with underwriters in assessing portfolio performance and formulating strategies to improve/ optimise underwriting performance. Lead the effort in monitoring and communicating key portfolio trends/ statistics/ insights to underwriters and senior management, including but not limited to: The annual profitability study, quarterly business performance reviews, performance dashboard updates, renewal rate change and adequacy monitoring, inflation impact and general analytical support. Support underwriting decisions and referrals with pricing of individual large accounts/ facilities/ binders etc. Regularly calibrate and input into design of exposure rating models in conjunction with underwriting teams and wider (Chubb Overseas General) actuarial group. Planning/ Forecasting: Partner with the Underwriting Heads, and the Finance and Planning teams in formulating yearly and longer-term strategic plans and forecasts. Underwriting Risk: Lead the parameterisation of underwriting risk distributions for UKI Casualty, for the purpose of the Chubb Global Capital Model. Wider Actuarial Projects: Proactively engage with the wider Actuarial and Analytics communities in knowledge sharing/ common projects/ efficiency and automation. Management: The role will involve management responsibility for 1 onshore analyst and indirect workflow management of a shared pool of interns and offshore analysts. Skills & Experience: Highly motivated self-starter who is able to drive, prioritise, manage and execute multiple projects to completion in a fast-paced environment. Loss modelling and statistical analysis skills. Commercial insurance and long-tail specialty risk knowledge. Proficiency in English required. Strong systems / software/ data management skills, and/or ability to learn new software on own initiative. Proficiency in Microsoft Office suite and at least two of the following software: R, SQL, Python, ResQ, Radar, VBA, Qlik, PowerQuery, Databricks. Ability to adopt AI and integrate into current processes to improve quality, breadth and efficiency. Professional actuarial qualification (e.g. We offer in return Competitive remuneration package including pension and bonus. A business that's engaged in mutual trust and respect for its employees and partners. Diversity & Inclusion. At Chubb, we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Senior Actuary & Actuary - Finance in London employer: Chubb
Chubb in Birmingham is an exceptional employer, offering a dynamic work environment that fosters collaboration and professional growth. With a strong emphasis on employee development, you will have access to comprehensive training programs and opportunities to advance your career within the insurance industry. The company values a culture of excellence and integrity, ensuring that you can thrive while delivering outstanding service to clients and brokers.
