As an Actuarial Trainee with Chubb, the trainee will help evaluate business opportunities in a given market by analyzing data to identify the potential profitability and possible pitfalls. Armed with this data, trainees advise top management on ways to balance the anticipated with the unexpected. Typically, our actuaries base their analysis on the demand the business may create, the price required to deliver a reasonable rate of return, and the potential effect of claims on the company's profitability. As the trainee’s career progresses at Chubb, projects will include extensive statistical analysis, pricing, loss reserving, research, forecasting, and predictive analytics.

Actuarial Trainees are primarily located in Philadelphia, PA and Whitehouse Station, NJ. The position combines on-the-job learning with seminars and formal training, rotational opportunity, and time off to study for the Casualty Actuarial Society's series of exams.

About Chubb’s Associate Program

By joining the Chubb Associate Program, you will be part of a cohort of top early career talent with bachelor’s degrees who will participate in a robust, comprehensive technical and experiential learning journey. Our two year program is designed to accelerate your development, enhance your network, support you in reaching your career goals and enable you to contribute to the future success of Chubb. This is a permanent full-time position and a compelling opportunity to join a global, growing, financially stable and successful company.  As the industry leader, Chubb is an employer of choice for students aspiring to develop a meaningful career in a fast-paced, diverse company with offices in most major US cities.

As part of this program you will receive:

Business training unique to a career at Chubb;Technical training to deepen your skill level within your chosen discipline; and an understanding of our broader industry;Interpersonal effectiveness training to help you gain strong communication and interactive skills;

Access to additional training to compliment your professional development.

 

 You, along with your program peers, form a unique community of achievers who we believe will become the future leaders of Chubb.

Bachelor’s degree required (Mathematics, Statistics, Economics, Finance, Actuarial Science, or a related field)Strong GPA preferred (3.0 minimum)Minimum of one Actuarial Exam is required Working knowledge of Microsoft Office products, specifically Excel and AccessExperience with R, SQL, and Python preferredSolid analytical and problem solving skills       

 

The pay range for the role is $77,000 to $92,000. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program.  Chubb offers a comprehensive benefits package, more details on which can be found on our careers website.  The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.