Analyst Actuarial Pricing Modernization

About Chubb

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. The company is 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 employs approximately 43000 people worldwide. Additional information can be found at:.

About Chubb India

At Chubb India we are on an exciting journey of digital transformation driven by a commitment to engineering excellence and analytics. We are proud to share that we have been officially certified as a Great Place to Work for the third consecutive year a reflection of the culture at Chubb where we believe in fostering an environment where everyone can thrive innovate and grow.

With a team of over 2500 talented professionals we encourage a start-up mindset that promotes collaboration diverse perspectives and a solution-driven attitude. We are dedicated to building expertise in engineering analytics and automation empowering our teams to excel in a dynamic digital landscape.

We offer an environment where you will be part of an organization that is dedicated to solving real-world challenges in the insurance industry. Together we will work to shape the future through innovation and continuous learning.

Position Details:

• Job Title:Analyst - Actuarial Pricing Modernisation
• Function/Department:Actuarial
• Location:Bangalore India
• Employment Type:Full-time
• Reports To:Team Lead
• Role Overview Pricing Modernisation for AU

Key Responsibilities:

• As a member of the Pricing Modernisation team at CBSI candidates will be required to prepare and translate rating manuals or excel based raters into Radar pricing models (working in close conjunction with line actuaries) that can be used for live pricing with UW platforms and for actuarial pricing tasks (impact analysis scenario analysis generate rate monitoring reports etc).

• Validate premiums generated from Radar pricing model against available data sets to ensure model accuracy & consistency.

• Work on radar model updates & enhancements such as rate/modifier algorithm updates. Support with proof of concepts projects within the team.

• This role presents an excellent opportunity for individuals looking to advance their career in Pricing Analytics within the Property & Casualty (P&C) industry.

Skills and Qualifications:

• 3-6 years of proven record in IT Integrations & Transformations Project Management Business Analyst Actuarial or pension roles (awareness of General Insurance pricing principles & LOBs would be an added advantage)

• Familiarity with rating algorithms & understanding or knowledge of raters (excel PDF etc) would be a big plus.

• Strong MS Excel skills are mandatory and additional knowledge in VBA/Excel macros will be advantageous for data handling and automation.

• Proficiency in programming languages such as SQL or R or Python enabling efficient data manipulation and analysis.

• Prior work experience in Radar suite software will be an added advantage but not mandatory for the role. The role will involve contributing working & coordinating with both onshore and oshore teams (Actuarial UW IT etc.) at Chubb. Excellent communication & presentation skills are needed.

Why Chubb

Join Chubb to be part of a leading global insurance company!

Our constant focus on employee experience along with a start-up-like culture empowers you to achieve impactful results.

• Industry leader:Chubb is a world leader in the insurance industry powered by underwriting and engineering excellence
• A Great Place to work:Chubb India has been recognized as a Great Place to Workfor the years 2023-2024 and 2024-2025

• Laser focus on excellence: At Chubb we pride ourselves on our culture of greatness where excellence is a mindset and a way of being. We constantly seek new and innovative ways to excel at work and deliver outstanding results

• Start-Up Culture: Embracing the spirit of a start-up our focus on speed and agility enables us to respond swiftly to market requirements while a culture of ownership empowers employees to drive results that matter

• Growth and success: As we continue to grow we are steadfast inour commitment toprovide our employees with the best work experience enabling them to advance their careers in a conducive environment

Employee Benefits

Our company offers a comprehensive benefits package designed to support our employees health well-being and professional growth. Employees enjoy flexible work options generous paid time off and robust health coverage including treatment for dental and vision related requirements. We invest in the future of our employees through continuous learning opportunities and career advancement programs while fostering a supportive and inclusive work environment. Our benefits include:

• Savings and Investment plans: We provide specialized benefits like Corporate NPS (National Pension Scheme) Employee Stock Purchase Plan (ESPP) Long-Term Incentive Plan (LTIP) Retiral Benefits and Car Lease that help employees optimally plan their finances

• Upskilling and career growth opportunities: With a focus on continuous learning we offer customized programs that support upskilling like Education Reimbursement Programs Certification programs and access to global learning programs.

• Health and Welfare Benefits: We care about our employees well-being in and out of work and have benefits like Hybrid Work Environment Employee Assistance Program (EAP) Yearly Free Health campaigns and comprehensive Insurance benefits.

Application Process (TA to fill)

Our recruitment process is designed to be transparent and inclusive.

• Step 1: Submit your application via the Chubb Careers Portal.

• Step 2: Engage with our recruitment team for an initial discussion.

• Step 3: Participate in HackerRank assessments/technical/functional interviews and assessments (if applicable).

• Step 4: Final interaction with Chubb leadership.

Join Us

With you Chubb is better. Whether you are solving challenges on aglobal stageor creating innovative solutions for local markets your contributions will help shape the future. If you valueintegrity innovation and inclusion and are ready to make a difference we invite you tobe part of Chubb Indias journey.

Apply Now: