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Roles & Responsibilities:
Work with the Australia Business Package Pricing team on key pricing responsibilities, such as portfolio reviews and actuarial pricing.
Conduct regular portfolio review to evaluate the performance of the product, assessing profitability, loss ratios, and trends.
Design, develop, and maintain pricing models that incorporate risk factors, market trends, and claims experience.
Utilize actuarial techniques and data analytics for analysis of experience.
Prepare detailed pricing and portfolio analysis reports for pricing actuaries, underwriters, and stakeholders, clearly communicating assumptions, methodologies, and results.
Contribute to continuous improvement initiatives, refining portfolio review process and improving efficiency.
Eligibility:
Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
3 to 5 years relevant actuarial work experience in Property & Casualty insurance; experience in pricing or portfolio review is an advantage.
Strong analytical skills with proficiency in statistical software (e.g., R, Python, SQL) and actuarial tools.
Excellent communication skills, with the ability to convey complex information clearly to non-technical stakeholders.
Strong problem-solving skills and attention to detail.
Ability to work independently and collaboratively in a team environment.
Why Chubb Business Services India
Here are some reasons to join us:
• You will be joining a group of diverse and driven professionals trained to succeed in today’s insurance landscape.
• We provide the opportunity to cultivate a robust career; we accommodate your growth and development even as we expect you to make meaningful contributions to our company.
• We offer competitive compensation and benefit programs. We pride ourselves in being a meritocratic company that rewards the best talent.
• We seek to create an inclusive environment where employees of different cultures and backgrounds can thrive.
Our company and culture
Chubb Business Services India focuses on building strong capability in the areas related to technology, CAT modeling, risk management, actuarial services and advanced analytics. The culture we would like to establish would align with the core principles of the organization as outlined below with the desire to transform and grow together.
Our culture reflects a commitment to craftsmanship and as craftspeople, we adhere to certain ideals:
• A Can-Do Attitude – we are optimistic about our future and we have an enthusiasm to serve our customers and business partners with utmost speed and energy. We approach our work with passion – people want to live their lives with meaning. We have a shared vision to build something great – to serve society and leave the world a little better place because we’ve been here.
• Excellence in All We Do – we hold ourselves to exacting standards of technical proficiency. Customers can count on us to pay claims fairly and quickly. Agents and brokers can rely on us for attention to detail and help them build their businesses
• Constant Improvement – we are a learning organization. We are constantly searching for ways to improve our craft. We relentlessly pursue data-driven insights to drive better, smarter decision-making – our portfolio management efforts, for example.
• Global Reach and Local Expertise – we apply our craft locally all around the world. We appreciate differences in culture, history and geography. And this enables us to adapt accordingly to best serve diverse customers, markets and distribution.
Job ID: 104492523
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