Introduction:

Are you a driven and determined problem solver with strong technical and team working skills? Are you nearly / newly qualified with 7+ years’ relevant experience? 

If so and you are passionate about growing your skills and career in a Casualty Pricing role with one of the largest Property & Casualty insurers in the world, then we would love to hear from you!

The role: CEMENA Casualty Senior Pricing Actuary:

The opportunity is permanent and based in Paris (Carpe Diem) as part of the Chubb Europe Actuarial Pricing team. The role holder will work on Casualty business (GL, EL and Motor; Primary and XS layers), mainly on the Continental European book (with annual premium well over $500m). They will provide strong technical support to the lead Continental European Senior Casualty Pricing Actuary and report into the European Casualty Pricing Manager (who is based in London).

The successful candidate will support the business and the Actuarial lead through the following:

Leading Actuarial support for large account pricing and collateral calculations.

Designing, developing and executing solutions to provide analytical support to underwriters and business leaders.

Undertaking annual performance reviews and quarterly business reviews, to form the account’s strategy and appraise profitability.

Driving and leading Actuarial development projects.

Managing and enhancing the dashboard, which summarises performance at granular levels.

Setting the business plan, to give targets and expected performance for the upcoming year.

Parameterising underwriting risk, to assess the capital required to write the account.

Overseeing and reviewing work undertaken by offshore and Paris-based intern resource (there is no direct management in this role).

The candidate will also build relationships with and work alongside underwriters, primarily based in Paris but also across Continental Europe.

The candidate:

The candidate must be solutions-focussed, show initiative and embrace ownership of their work. They need strong technical skills and an eye for detail, as well as being able to manage multiple tasks and stakeholders. The ideal candidate will:

Be a fluent English speaker, with good written and oral communication skills, and the ability to explain technical issues in non-technical terms – ideally French-speaking too

Have over 7 years’ actuarial experience, ideally in either Commercial Insurance Pricing or Casualty Insurance (e.g. Casualty Insurance Reserving)

Demonstrate excellent problem-solving skills

Exhibit strong ownership of tasks and that they take solution-focussed approaches

Have good technical and software skills

Possess a proven ability to meet deadlines, and manage competing priorities and stakeholders

Have strong interpersonal skills and the ability to work well in a team, whilst successfully adapting to change

Background on Chubb:

Chubb is a large and successful international insurance business with operations in around 50 countries and serving clients in over 170 countries. In Europe, Chubb writes insurance through two brands: Chubb Europe and Chubb Global Markets, which includes Lloyd’s Syndicate 2488.

The Actuarial function for the European insurance operation broadly consists of three teams: Pricing, Reserving and Catastrophe Risk Management, all under the direction of the European Chief Actuary. Whilst the actuarial positions within the business are dedicated to these areas, there is interaction between the three teams and with the Capital Modelling function.