Vice President & Actuary

Chubb•Philadelphia, PA

46d•Onsite

About The Position

This Vice President & Actuary position is responsible for leading and managing the actuarial staff for Westchester Digital/Middle Market and coordinating the Westchester Actuarial effort to improve system driven pricing, as well as the data and reporting strategy. The role is based in Philadelphia, PA and reports to the Lead Actuary for Westchester.

Requirements

Bachelor’s degree or higher in a quantitative field such as Mathematics, Actuarial Science, Statistics, Finance, Economics, or a related field.
10+ years of actuarial pricing or reserving experience
Proficiency in Excel is required.
Strong attention to detail and willingness to learn new tools and technologies.
Excellent analytical and problem-solving skills are essential to excel in this role.
Strong organizational and documentation skills are required, along with the ability to prioritize multiple competing deliverables and manage time effectively to meet scheduled due dates.
Strong collaboration skills are important, with the ability to work closely with individuals from diverse backgrounds and disciplines.
Excellent interpersonal and communication skills are essential, along with the ability to provide clear and concise verbal and written communications to stakeholders at various levels of the organization.

Nice To Haves

ACAS or FCAS certification preferred, or equivalent industry qualifications.
Familiarity with programming languages and tools such as Radar / SQL / R / Python is advantageous but not required.
Previous managerial or supervisory experience is strongly preferred but not required. We are open to individuals who have demonstrated leadership potential in other ways, such as leading projects or mentoring colleagues.
Desire to work in a fast-paced, fluid environment where new challenges and opportunities arise regularly. We value adaptability, resourcefulness, and a growth mindset.

Responsibilities

Work closely with WSG management to set priorities and coordinate the actuarial support
Manage a team of two actuaries, including setting the staff’s priorities/workloads and training/developing
Complete/Oversee annual pricing studies, as well as ad-hoc pricing study requests
Complete/Oversee monthly, quarterly and annual reporting requirements, including price monitoring and NvR, as well as the improvement of these reports as appropriate.
Assist in developing the annual financial plan
Work with the predictive analytics team as needed
Work closely with WSG management and IT to complete product enhancements in Fast Track and improve system driven rating
Oversee actuarial testing to confirm proper execution of system enhancements.
Ensure prioritization and execution of systems items needing actuarial support through involvement in ongoing meetings with IT
Create consistency in rating and reporting across WSG where possible, working with other NA actuarial groups where appropriate
Maintain appropriate documentation of pricing models and assumptions