Chubb is a global insurance leader formed from the January 2016 acquisition of the Chubb Corporation by ACE Limited. Barely 30 years after the creation of ACE, Chubb has developed into the world’s largest publicly traded property and casualty insurer. Chubb Asia-Pacific represents the fastest growing region within this dynamic organisation with $US2.5billion of premium across a portfolio balanced in terms of both product and geography. While Australia and Korea remain Chubb’s largest markets in the region it enjoys a rapidly expanding presence in South-East Asia via targeted acquisitions in Malaysia, Indonesia & Thailand and an ambitious outlook in Greater China.
Chubb Asia-Pacific has a consistent track record of superior underwriting results achieved with the disciplined application of business analytics to support decision making. Key to this success is the importance placed on the actuarial function to not only signal adverse performance but to proactively map a path to profitable growth in conjunction with business managers.
The Opportunity: Actuarial Analyst, Asia Pacific
We have an exciting opportunity within the regional Corporate team based in Singapore. The role will provide many opportunities for the person to work across different markets and products. Reporting directly to the Head of Actuarial Services, the key responsibilities for this role include:
- Provide support to the reserve reviews underlying the Group results. This will cover a diverse range of business such as Property & Casualty, Accident & Health and Personal Lines.
- Statutory reserve reviews and support on ERM to meet local requirements.
- Prepare data and perform analyses to understand the true underwriting performance of the portfolios.
- Participate in the development and implementation of IFRS17 across the region.
- Enhance data capabilities and processing efficiency to meet expanding business needs as the Asia Pacific portfolios grow.
We are open to candidates from graduates to part qualified actuaries with around 3 years of experience in a general insurance environment. The person should demonstrate good problem-solving skills and be able to provide flexible and practical solutions amid changing business requirements. Experience with programming languages such as Python and R would be seen as an advantage.
This role will have close engagement with the stakeholders of various countries and products. The ability to interact with colleagues from different backgrounds and communicate in a direct and prompt manner will be critical to success in this role and further opportunities within the Chubb global network.
For more information about the role, please contact York Tan (Resourcing Business Partner, Chubb Asia Pacific) at York.Tan@chubb.com
Apply here: Actuarial Analyst, Asia Pacific