Philadelphia, PA
28 days ago
VP Reserving Actuary, COG

This role reports to the SVP, Actuary, COG and is part of a small team in Philadelphia (or London) that supports the actuarial home office function of estimating, analyzing, and presenting the financial risks associated with P&C insurance products related to the Overseas General division of Chubb which covers businesses in Europe, Asia Pacific, Latin America, and Japan. The VP Reserving actuary role interacts with the Chief Actuary (COG), lead product line COG Pricing actuaries, regional reserving teams, and Finance (COG and regions).

Duties & Responsibilities

Partner with regional and COG home office actuarial teams to provide meaningful insights from the reserve studies to inform recommendations and influence decisions about reserve position and planning  Analyze various premium, claims and reserving metrics monthly to identify, assess and communicate deviations and emerging trends to relevant stakeholders Review regional actuarial loss reserve and planning analyses, conduct independent studies as needed, provide and collate feedback to and from the regions, and produce accurate and clear management summaries of the findings. Assist COG Actuarial and Finance leadership in the preparation and presentation of quarterly reserve reviews to Management. Develop an understanding of the regional reserving teams data, systems, tools, processes and people. Collaborate with IT, Finance and other relevant functional disciplines including regional teams to design and manage processes aimed to gain efficiencies in collecting, aggregating and presenting actuarial information. Create, manage, and maintain actuarial dashboards and reports as required to be used for assessing key insurance and financial metrics. Provide monthly support to financial reporting required of COG home office reserving function.  Bachelor's degree in actuarial science, mathematics, or a related field. Associateship/Fellowship (FCAS/ACAS) in either Casualty Actuarial Society or equivalent international actuarial body. FCAS is preferred. 10+ years of insurance industry experience primarily serving in an actuarial capacity. Strong analytical skills and excellent attention to detail. Ability to communicate complex financial concepts to both technical and non-technical audiences. Capability to work autonomously and to cultivate professional relationships beyond the COG home office team.  Proficiency in Microsoft suite products particularly Excel, Word and Power Point Knowledge of SQL, Qlikview/QlikSense and/or Power BI is not required but considered a plus.
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