Ipl Actuary

2 weeks ago


Sydney, Australia Chubb INA Holdings Inc. Full time

Chubb is the world’s largest publicly traded property and casualty insurer. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.

Chubb Australia is currently experiencing a period of accelerated growth, and as we continue to excel and make our mark in the local market, we are looking for high potential individuals to join our dynamic and fast paced team.

**Your Role**:
To provide meaningful, insightful and timely actuarial advice to International Personal Lines (IPL) Management teams and Actuaries in Australia & New Zealand. You will take ownership of your work, and be the point of contact for all actuarial matters related to our personal lines portfolio.

**Your Responsibilities**:
Undertake detailed analytics and preparation of analysis for pricing, portfolio monitoring and reserve reviews of key IPL portfolios for A&NZ Senior Actuaries and Product Managers to assist in the production of these reviews.

Undertake analysis and modelling to assist Actuaries in production of the Annual Business Plan Loss Ratios for IPL portfolios.

Develop improved data and information management dashboards to enable enhanced monitoring and management of the business.

Provide pricing recommendations and insights to internal stakeholders, reflecting competitive and commercial considerations to achieve strategic objectives.

Develop and implement best practice pricing models, including claims, quote conversion, customer retention and pricing scenarios.

Take ownership of and continual refinement of the rating and pricing models, by utilising advanced analytics techniques, extensive data and relevant industry leading tools/technologies.

Monitor the performance of implemented initiatives to support continuous refinement of pricing models and pricing strategy.

Contribute to the development of product strategy and support its implementation.

Identify opportunities to drive innovation and make improvements in processes, products and services.

Implement the pricing governance framework by performing and continually improving controls and governance around pricing processes.

Participate in the cross-product natural peril analytics project

**Qualifications**:
**Your Skills & Experience**:
Minimum 5 years relevant actuarial work experience in insurance industry.
Tertiary degree in a mathematics related field (newly or nearly qualified actuary).
Strong data capabilities, attention to detail and problem-solving ability.
Ability to manage competing projects and meet deadlines. Effectively communicate actuarial analysis and concepts to customers with no actuarial background.
Good GLM/GBM and Machine learning experience
A person who is keen on natural peril/climate research

Chubb is committed to equal employment and celebrates individual differences by creating a workplace environment in which everyone feels welcomed, respected and valued. We offer you the opportunity to work as part of a dynamic and agile environment where continuous development is encouraged throughout your career, both locally and globally. Some additional benefits offered include a flexible working approach via our “My One Thing” initiative, education assistance, dress for your day every Friday, promotion of health and wellbeing (including discounted health insurance, daily breakfast and fresh fruit), and the option to enrol into the Chubb Limited discounted stock purchasing scheme.