Chubb Whitehouse Station , NJ 08889
Posted 2 months ago
This role operates on a hybrid schedule and is based in our Whitehouse Station, NJ office supporting Chubb Personal Risk Services (PRS) Auto, Personal Umbrella and Rec Marine section of the Actuarial Department. This group is responsible for providing the financial analysis necessary for Chubb to sustain profitability and maintain a competitive position within the personal lines market. Expect significant interaction with Product, State Filings, and IT, as well as contact with our Corporate actuaries, Underwriting, and Claims.
MAJOR DUTIES & RESPONSIBILITIES:
Collaborate with other areas of PRS (ex: Product Management, I/T, Data Sciences, etc.) to implement rating plans for Auto and Personal Umbrella using the "Radar Live" software application.
Produce state-level rate indications and present key findings to actuarial and business management.
Collaborate with product managers to develop detailed rate level changes on a state by state basis. Quantify impacts of rate change proposals and communicate findings to management via clearly laid out reports, presentations and exhibits. Convert existing Excel based tools to Radar to enable more efficient rating analysis and implementation.
Provide actuarial support for rate filings and satisfy regulatory requirements.
Participate in the annual countrywide Profitability Study.
Contribute to the improvement, creation, and/or implementation of processes to expand capabilities, improve efficiency, modernize tools, and enhance overall effectiveness.
Chubb