AVP & Actuary

Company: Chubb
Location: Jersey City
Posted on: April 2, 2026

Job Description:

Description Overview: Join Chubb's Commercial Insurance Actuarial team as an Assistant Vice President & Actuary, focused on Portfolio Management and Process Modernization. This role spans the total Commercial Insurance portfolio and represents a unique opportunity to drive transformation through technology-enabled solutions, developing tools and processes that deliver timely insights to support strategic decision-making. The role is based in either Whitehouse Station (NJ), Jersey City (NJ), or Philadelphia (PA) offices and reports to the VP & Actuary Modernization lead for CI Actuarial. Duties and Responsibilities: • Lead the revamp of on-level and price monitoring capabilities, building and maintaining a facility that provides regular, timely, and accurate on-level and exposure-trended premium across various risk cohorts. • Enhance price monitoring frameworks by integrating granular rate adequacy concepts into existing workflows, enabling more sophisticated analysis of pricing adequacy at detailed risk segment levels. • Develop and maintain robust, well-documented tools, reports, and dashboards to support portfolio management activities across Commercial Insurance, enabling key stakeholders to monitor performance and make data-driven decisions. • Mature the portfolio management support function by creating detailed scenario testing capabilities and analytical tools that enable portfolio managers to evaluate strategic decisions and optimize portfolio performance. • Support monthly, quarterly, and annual reporting requirements by streamlining data collection, analysis, and presentation processes to ensure accuracy and timeliness. • Support and enhance key actuarial work products including profitability analysis and planning processes through automation, standardization, and modernization of analytical workflows. • Collaborate closely with line actuarial leaders, portfolio managers, and cross-functional teams to identify opportunities for process improvement and deliver timely, actionable insights that support strategic initiatives. • Partner with Technology, Underwriting, and Data Analytics teams to design, implement, and maintain scalable solutions that improve efficiency and effectiveness of recurring and ad-hoc analyses. • Drive continuous improvement initiatives by identifying pain points in existing processes, proposing innovative solutions, and implementing best practices from digital transformation efforts. • Proactively engage with portfolio managers across multiple lines of business to understand their analytical needs, translate requirements into technical solutions, and communicate findings through clear, concise presentations. • Act as a subject matter expert in process modernization, sharing knowledge and best practices across the actuarial team and promoting a culture of innovation. • Support ad-hoc actuarial initiatives and special projects as needed, bringing a process-oriented mindset to ensure efficient execution and sustainable solutions. Qualifications • Bachelor's degree or higher in Mathematics, Actuarial Science, Statistics, Computer Science, Finance, Economics, or a related quantitative field. • 8 years of actuarial or analytical experience in insurance, with a focus on process improvement, automation, or analytics. Experience across multiple lines of business is beneficial but not required. • ACAS or FCAS certification preferred, or equivalent industry qualifications. Alternative relevant credentials will be considered. • Strong proficiency in programming languages such as VBA, R, Python, and SQL is required. Demonstrated experience building analytical tools, automating workflows, and working with large datasets. • Prior experience with price monitoring, profitability analysis, and planning processes is a plus. • Experience with transformation initiatives, process improvement methodologies, and leveraging AI/machine learning solutions is highly desirable. • Excellent analytical and problem-solving skills, with the ability to translate business requirements into technical solutions. • Strong organizational and documentation skills, with attention to detail and commitment to building maintainable, scalable solutions. • Ability to manage multiple competing priorities and deliverables effectively in a fast-paced, dynamic environment. • Exceptional collaboration skills, with the ability to work effectively across multi-disciplinary teams and stakeholders at all levels. • Excellent interpersonal and communication skills, with the ability to explain complex technical concepts to both technical and non-technical audiences. • Self-motivated individual contributor with strong initiative and ability to work independently while maintaining alignment with team objectives. • Growth mindset with enthusiasm for learning new technologies, embracing change, and driving innovation. The pay range for the role is $146,000 to $200,000. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website . The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

Keywords: Chubb, Waterbury , AVP & Actuary, Accounting, Auditing , Jersey City, Connecticut