Overview
Senior Analyst – Actuarial Valuation Jobs in Bengaluru, India at Chubb
Position: Senior Analyst – Actuarial Life Valuation
Location: Bengaluru
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 43,000 people worldwide. Additional information can be found at:
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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 :
Senior Analyst – Actuarial Life Valuation
Function/Department :
Actuarial
Location :
Bengaluru
Employment Type
:
Full time
Reports To : Team Lead
Role Overview : The modelling senior analyst supports the development and migration of actuarial models, ensuring accurate calculations and timely project delivery for Chubb Life entities in Asia Pacific, in collaboration with regional and local teams.
Key Responsibilities
Lead the Prophet migration project and manage its timeline and deliverables
Design and develop coding to meet local and Chubb requirements (including real world, risk neutral, and US GAAP calculations)
Prepare and review impact analysis between old and new models with thorough investigation and explanations
Lead and manage the development of functional check spreadsheets to validate calculation functionalities in the new model
Support local country teams on dry runs and UATs
Manage and support model change work performed by local entities
Support regional projects like US GAAP LDTI and IFRS
17 to ensure the new model meets future requirements
Support local projects such as ALS development for HK RBC purposes 1
Skills and Qualifications
Bachelor’s or Master’s degree in Mathematics, Actuarial Science or Statistics.
8 – 10 exams from recognized actuarial institute and 5-7 years of relevant experience.
In-depth knowledge of USGAAP (LDTI), Pricing and Experience studies.
Proficiency in Prophet, or similar Actuarial software is highly desirable.
Strong data analytics skills, attention to detail, and problem-solving abilities.
Excellent communication and interpersonal skills, with the ability to manage multiple projects and meet deadlines.
Prior experience with R or Python is must.
Proficiency in MS Excel and other office applications.
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 Work® for the years and
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…
Title: Senior Analyst – Actuarial Valuation
Company: Chubb
Location: Bengaluru, India
Category:
