Actuary and CBSI Head - Actuarial Risk and Capital
Actuary and CBSI Head - Actuarial Risk and Capital
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Job Description
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 startup mindset that promotes collaboration diverse perspectives and a solutiondriven 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 realworld challenges in the insurance industry. Together we will work to shape the future through innovation and continuous learning.
Position Details
- Job Title:CBSI Head Actuarial Risk and Capital
- Function/Department:Actuarial
- Location:Bengaluru
- Employment Type:Fulltime
- Reports To:Actuary and CBSI Head Actuarial Pricing and Capital
- Role Overview:Perform model validation of internal capital models
Key Responsibilities
- Model Validation:Conduct routine validation of capital model output ensuring they meet regulatory and company standards.
- Design Validation Studies:Eventually design and execute validation studies to assess model performance robustness and reliability
- Report Writing:Prepare comprehensive reports summarizing validation findings insights and recommendations for stakeholders.
- Presentation Development:Develop and present materials to effectively communicate validation insights to diverse audiences.
- Lead Automation Projects:Identify and spearhead opportunities for process automation to enhance validation and reporting efficiency.
- Ownership and Initiative:Take ownership of validation assignments over time.
- Collaboration:Collaborate with crossfunctional teams including actuarial underwriting and compliance to ensure thorough model validation and risk assessment.
Skills and Qualifications
- Essential Skills:
- Proven experience in model validation statistical analysis and risk management within the insurance industry preferably in Property and Casualty.
- Strong written and verbal communication skills with experience preparing reports and presentations for various audiences.
- Preferred Skills:
- Strong understanding or willingness of learning regulatory requirements pertaining to capital model validation.
- Excellent analytical and problemsolving skills
- Education:
- Bachelors degree in mathematics Statistics Actuarial Science Finance or a related field;
- Masters degree / Qualified (Nearly Qualified) Actuary preferred.
- Experience:
- A minimum of seven years inProperty and Casualty insurance
Interested candidates share your CV to
Qualifications
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 startup mindset that promotes collaboration diverse perspectives and a solutiondriven 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 realworld challenges in the insurance industry. Together we will work to shape the future through innovation and continuous learning.
Position Details
- Job Title:CBSI Head Actuarial Risk and Capital
- Function/Department:Actuarial
- Location:Bengaluru
- Employment Type:Fulltime
- Reports To:Actuary and CBSI Head Actuarial Pricing and Capital
- Role Overview:Perform model validation of internal capital models
Key Responsibilities
- Model Validation:Conduct routine validation of capital model output ensuring they meet regulatory and company standards.
- Design Validation Studies:Eventually design and execute validation studies to assess model performance robustness and reliability
- Report Writing:Prepare comprehensive reports summarizing validation findings insights and recommendations for stakeholders.
- Presentation Development:Develop and present materials to effectively communicate validation insights to diverse audiences.
- Lead Automation Projects:Identify and spearhead opportunities for process automation to enhance validation and reporting efficiency.
- Ownership and Initiative:Take ownership of validation assignments over time.
- Collaboration:Collaborate with crossfunctional teams including actuarial underwriting and compliance to ensure thorough model validation and risk assessment.
Skills and Qualifications
- Essential Skills:
- Proven experience in model validation statistical analysis and risk management within the insurance industry preferably in Property and Casualty.
- Strong written and verbal communication skills with experience preparing reports and presentations for various audiences.
- Preferred Skills:
- Strong understanding or willingness of learning regulatory requirements pertaining to capital model validation.
- Excellent analytical and problemsolving skills
- Education:
- Bachelors degree in mathematics Statistics Actuarial Science Finance or a related field;
- Masters degree / Qualified (Nearly Qualified) Actuary preferred.
- Experience:
- A minimum of seven years inProperty and Casualty insurance
Interested candidates share your CV to
Employment Type
Full-Time
