Corporate Actuary, Asia Pacific

Company

Chubb Asia Pacific Singapore Ltd

Experience

8

Practice Area

General

Position

Full Time

Description

 

About the Organisation

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 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.

 

The Opportunity: Corporate Actuary, 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:

  • Reserve reviews underlying Group results covering a diverse range of business with an initial focus on financial lines as well as personal lines which could be later extended to other segments in property & casualty and accident & health.
  • Statutory reserve reviews and support on ERM to meet local requirements.
  • Present the proposed financial result to senior management in the company.
  • Work together with product actuaries to identify areas for improvement with an objective to enhance profitability.
  • Participate in the development and implementation of IFRS17 across the region.
  • Evolve actuarial processes to meet expanding business needs as the Asia Pacific portfolios grow.

This role will have close engagement with the stakeholders of various countries and products. The ability to interact with different levels of management and communicate in a direct and prompt manner will be critical to success in this role and further opportunities within the Chubb Global network.

The ideal candidate will be fully qualified and have at least 8 years of actuarial experience in a general insurance environment with considerable experience on the reserving function. The person should demonstrate good problem solving skills and be able to provide flexible and practical solutions amid changing business requirements. A working knowledge of IFRS17 would be seen as an advantage.

 

For more information about the roles please contact York Tan, Resourcing BP, at +65 6494 1951, or York.Tan@Chubb.com

 

Job Description

Apply here: Corporate Actuary, Asia Pacific