VP, Pricing Actuary

Chubb•Toronto, ON

About The Position

Chubb is the world’s largest publicly traded property and casualty insurer. With operations in 54 countries, 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 distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally. We are seeking an experienced VP, Pricing Actuary to lead pricing strategy, actuarial analysis, and product profitability support across Group Life, Group Health, and Travel Insurance. This role will report to the SVP, Life & A&H, Chubb Life and will have one direct report. The successful candidate will partner with underwriting, claims, finance, product, distribution, and senior leadership to support competitive pricing, renewals, and business growth for Chubb Canada.

Requirements

Experienced VP, Pricing Actuary
Lead pricing strategy, actuarial analysis, and product profitability support across Group Life, Group Health, and Travel Insurance
Report to the SVP, Life & A&H, Chubb Life
Have one direct report
Partner with underwriting, claims, finance, product, distribution, and senior leadership
Support competitive pricing, renewals, and business growth for Chubb Canada

Responsibilities

Develop general loss cost pricing models and associated differentials for product lines;
Provide individual account pricing support to senior management and product management as needed;
Lead pricing reviews, rate development, and profitability analysis;
Contribute to annual pricing studies and executive reporting;
Monitor portfolio performance, claims trends, and pricing actions to protect profitability;
Support recurring reporting and data requests using Qliksense and related systems;
Support reserve reviews, statutory reporting, and Appointed Actuary work as needed;
Help improve reporting, automation, and data quality;
Experience supporting recurring reporting, ad hoc finance requests, and executive materials;
Experience mentoring or reviewing the work of others;
Maintain and enhance monthly price monitor reporting;
Partner with the Chief Actuary Canada and the VP and Pricing Actuary, A&H North America
Develop and maintain pricing information database(s);
Develop expense and capital allocation models and processes;
Assist in providing annual analysis of capital adequacy to senior management and home office for consideration in capital position decisions;
Provide support in gathering reinsurance submission data and project subject premium as needed;
Provide planning and forecasting support to senior management, product management, and home office, as needed;
Support account pricing reviews (including renewals and new business), treaty discussions, and product changes through actuarial modelling and financial impact analysis;
Provide input into database development and management as needed to ensure data availability to support actuarial requirements.