Pricing Implementation Manager
3 days ago
Job Description
Chubb is a world leader in insurance. 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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 40,000 people worldwide. Additional information can be found at:
Chubb celebrates diversity by fostering an inclusive, flexible and equitable workplace. We support applications from all members of our community and equitable access to our employment opportunities. We are open to discussing workplace flexibility in all our vacancies, to ensure we can attract the best candidates and accommodate individual needs, differences, disabilities and working arrangements. Please let us know if you require any adjustments to the recruitment process so we can support you to present your best self.
Your Role
To support the development and implementation of pricing algorithms in live production environments, ensuring quality assurance, testing, and system enhancements. You will contribute to transformation projects, optimize pricing model design and deployment, and collaborate with cross-functional teams to improve profitability and market share.
Success in this role requires strong communication and technical skills, a foundational understanding of actuarial principles, and relevant industry experience in technology solutions architecture, design, and integration. Familiarity with Radar, as well as XML/JSON, is preferred. Effective collaboration with technical teams and stakeholders, along with a proactive problem-solving approach, will be essential for driving successful pricing initiatives.
Your Responsibilities
- Design, build, and maintain a live rating engine on Radar Live platform based on Excel rating model from Product actuaries.
- Oversee the end-to-end rating flow from Radar pricing algorithm to deployment of rates in live production.
- Collaborate with actuaries to enhance the design of the Radar platform, focusing on optimizing data flow, governance, impact analysis modules, and reporting capabilities, as well as refining modelling techniques such as propensity models and Gradient Boosting Machines (GBMs).
- Design and execute an efficient end-to-end testing with the ability to trouble shoot and resolve issues identified.
- Support the implementation and delivery of IT development initiatives that directly impact pricing.
- Engage, communicate, and collaborate with business stakeholders to deliver pricing system enhancements.
- Showcase leadership skills by mentoring and guiding a team of 1-2 analysts, fostering a collaborative environment that promotes professional growth and development.
Qualifications
Your Skills & Experience
- Bachelor's degree or higher in Actuarial, Software Engineering, Mathematics, Economics, Statistics, or equivalent discipline.
- 3-5 years of working experience in Insurance with strong understanding of pricing algorithm and application of underwriting rules, ideally with experience of managing rate/algorithm changes to live rating platforms.
- Hands-on experience in designing, developing, implementing, or maintaining pricing systems and strategies (Radar Live rating algorithm in particular) would be highly advantageous.
- Relevant industry experience in the architecture, design and integration of technology solutions
- Proficient in MS Office applications, especially Excel.
- Solid programming skills and hands on experience with databases and SQL/Python.
- Strong analytical skills, attention to detail and problem-solving ability.
- Ability to manage, prioritize and handle multiple tasks simultaneously.
- Ability to work well under pressure in a fast-moving environment.
- Strong interpersonal and communication skills for effective collaboration with a wide spectrum of stakeholders.
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. We also offer 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.
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