Financial Lines Pricing Actuary Analyst

7 days ago


London, Greater London, United Kingdom Chubb Full time

CHUBB Global Markets (CGM) is one of four main divisions of CHUBB European Group (CEG) and manages one of the top performing syndicates at Lloyd's of London. This is a highly visible actuarial pricing role focussing on the case pricing process for CGM. You will be managing the CGM Financial Lines & Cyber case pricing process for theLondon underwriting team who write risks across the globe. Opportunities may also arise to assist the EMEA Financial Lines & Cyber Pricing team in executing key priorities and strategic projects for CGM and the wider EMEA Financial Lines & Cyber business.

The role is based in London where you will have direct interaction with the underwriting team.

Key Responsibilities:

  • Be the key Actuarial Partner to CGM Financial Lines underwriters on the case pricing of individual risks, in particular relating to our Professional Indemnity portfolios.
  • Responsible for the case pricing process for CGM and wider EMEA Financial Lines & Cyber pricing team, including maintaining records of risks priced, delegating and reviewing individually priced accounts, updating documentation and promoting best practice.
  • Responsible for the development and calibration of experience rating tools, in support of case pricing of risks/binders. Collaborate with key stakeholders (Chubb Overseas General / underwriters) to ensure tool kits are fit for purpose.
  • Assist the CGM Financial Lines & Cyber Actuary and EMEA Financial Lines & Cyber team with other key priorities as required.
  • Engage with the wider Actuarial community as necessary.
Qualifications

Required skills & Experience:

  • Highly motivated, great team player, able to deal with different professional backgrounds and adaptable to a fast-paced environment.
  • Experienced in case pricing and portfolio management activities.
  • Loss Modelling and Statistical Analysis skills.
  • Commercial insurance and systemic risk knowledge.
  • Strong communicator who can articulate complex messages to a broad range of audiences in a clear and concise manner, both verbally and written;proficiency in English required.
  • Strong systems / software / data management skills, and ability to learn new software on own initiative.
  • Working knowledge of Microsoft Office (in particular Excel) and R is a must. Dataiku, VBA, ResQ, Radar, and Python experience would all be beneficial too.
  • Professional actuarial qualification or have made reasonable progress to being qualified.
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