Chubb Benefits is seeking a Director and Actuary to join our fast-paced, high energy, growing company. We are proud of our tradition of success in the insurance industry of over 100 years. Come join our team of hard-working, talented professionals!
Job Summary:
The Director and Actuary* is responsible for providing actuarial support for financial reporting, forecasting, and planning processes for health insurance products. This role involves improving reserving processes, supporting new product development, and ensuring compliance with US GAAP and Statutory financial reporting requirements.
Key Responsibilities:
Provide actuarial support for US financial reporting requirements and other local reporting needs
Assist in forecasting, planning, and long-term planning processes for North America and international business channels
Support Actuarial Opinions and Memorandums in the U.S. and fulfill qualification and CPD requirements
Assist with 10Q and 10K reporting requirements and SOX controls
Report to the Chief Actuaries for Combined and Chubb COG
Improve reserving processes for efficiency and consistency in reporting
Develop a controlled process for financial reporting and system implementation/conversions
Develop quarterly Reserve review documentation and present to senior management
Provide actuarial support for new product development and portfolio management
Conduct ad hoc analysis as required Key Competencies:
Strong knowledge of US GAAP, Statutory, and Tax regulations
Excellent analytical skills and ability to communicate results clearly
Strong understanding of the actuarial control environment
Ability to manage multiple priorities and stakeholders effectively
Proficiency in Moody's AXIS software
Leadership skills with the ability to manage and develop staff Accreditation:
Bachelor's degree in Finance, Actuarial Science, Mathematics, Statistics, or a related technical discipline
10+ years of insurance industry experience specifically related to US GAAP and statutory financial reporting
Fellow of the Society of Actuaries (FSA) and Member of the American Academy of Actuaries (MAAA)
US qualified to sign as an Appointed Actuary (back up to AA) Additional Information:
The role involves managing a budget of approximately $3 billion
Supervises a team of 3 professional level employees
Requires frequent internal and external communication with high complexity
The pay range for the role is $105,000 to $179,700. 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.
*Commensurate with experience