Senior Actuarial Pricing Analyst
Wellington - New Zealand
Job Summary
The opportunity
Product and Pricing is a small high-trust team which means your work goes straight into pricing decisions not into a queue.
Youll be doing VNB and profitability calculations that actually get used with real scope to shape methodology rather than just execute it.
Were actively investing in automation the ambition here isnt to keep pace with the market - its to be the benchmark other insurers get compared against.
What youll own
Own complex actuarial analysis and projects from assumption-setting through to final numbers - not just running the model but standing behind it
Develop review and enhance the pricing models and methodologies the business actually prices off
Calculate pricing across Chubbs products weighing fair customer outcomes against sustainable margin - its a balance not a formula
Run VNB and product profitability on a regular cycle so the business always knows whats actually making money
Sit at the table with Product Finance Risk and IT and make the actuarial story land.
Identify and implement process improvements and automation opportunities
Qualifications
What youll bring
Qualified or nearly qualified actuary (FIAA/FNZSA or equivalent)
3 years pricing experience in life insurance or financial services
Demonstrated expertise in pricing and product development
Proficiency in relevant actuarial modelling software - Prophet MoSes R Python or Excel
Proven ability to communicate complex actuarial concepts to non-technical stakeholders
Strong project You dont not need to meet every requirement to apply. If this role sounds like a strong fit for your experience and the kind of environment where you would do your best work wed love to hear from you.
Location: Wellington or Auckland (Takapuna)
Role Type Full time Permanent
Work Style Hybrid
Why join us
- Join a business with ambition energy and a clear direction
- Grow your career in an environment where contribution is recognised and strong performance matters
- We also know great outcomes come from different perspectives. We want to keep building a diverse workforce and an environment where good people can thrive grow and do their best work.
What we offer
Flexible & Hybrid working
Group Life Trauma Income Healthcare and Travel Insurance
Additional annual leave
Kiwisaver paid on top of base salary
Annual Bonus
Stock Purchase options
Wellbeing subsidy and partner discounts
Endorse my cause & payroll giving
How we work
Our values shape how we work and what we look for in our people:
Teamwork we back each other and work together to get the best outcome
Integrity we do the right thing and hold ourselves to high standards
Customer focus we keep customers at the heart of our thinking and decisions
Exceed we aim high move with purpose and deliver beyond expectations
Respect we value people perspectives and the contribution everyone brings
About Chubb Life NZ
Chubb Life Insurance New Zealand Limited is one of the countrys leading life insurers. Formerly known as Cigna weve been operating in New Zealand for more than a century and are committed to being there for our customers when they need us most.
Learn more aboutLife at Chubb
Applications are reviewed as they are received and as such the role may close prior to the deadline date.
#ChubbLifeNewZealand
Required Experience:
Senior IC
About Company
Chubb Life has been in Egypt since 2003. Chubb Life is the international life insurance division of Chubb - the world's largest publicly traded property and casualty insurance company by market capitalization.