Job Summary: 

The Director and Actuary is responsible for providing actuarial support for financial reporting, forecasting, and planning processes for health insurance products. This role involves improving reserving processes, supporting new product development, and ensuring compliance with US GAAP and Statutory financial reporting requirements.

Key Responsibilities:

Provide actuarial support for US financial reporting requirements and other local reporting needsAssist in forecasting, planning, and long-term planning processes for North America and international business channelsSupport Actuarial Opinions and Memorandums in the U.S. and fulfill qualification and CPD requirementsAssist with 10Q and 10K reporting requirements and SOX controlsReport to the Chief Actuaries for Combined and Chubb COGImprove reserving processes for efficiency and consistency in reportingDevelop a controlled process for financial reporting and system implementation/conversionsDevelop quarterly Reserve review documentation and present to senior managementProvide actuarial support for new product development and portfolio managementConduct ad hoc analysis as required

Key Competencies:

Strong knowledge of US GAAP, Statutory, and Tax regulationsExcellent analytical skills and ability to communicate results clearlyStrong understanding of the actuarial control environmentAbility to manage multiple priorities and stakeholders effectivelyProficiency in Moody’s AXIS softwareLeadership skills with the ability to manage and develop staff

Accreditation:

Bachelor’s degree in Finance, Actuarial Science, Mathematics, Statistics, or a related technical discipline10+ years of insurance industry experience specifically related to US GAAP and statutory financial reportingFellow of the Society of Actuaries (FSA) and Member of the American Academy of Actuaries (MAAA)US qualified to sign as an Appointed Actuary (back up to AA)

Additional Information:

The role involves managing a budget of approximately $3 billionSupervises a team of 3 professional level employeesRequires frequent internal and external communication with high complexity

 

The pay range for the role is $105,000 to $179,700. 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.