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.
Catastrophic Risk Manager for US workers’ compensation portfolio. Successful candidate will report to Chief Underwriting Officer, Chubb Risk Management and serve in referral underwriting group.
Candidates must be experienced in catastrophe modeling and managing related risk of workers’ compensation exposures for Fortune 1000 (or comparable) clients while also having portfolio management experience for commercial exposures (middle market and small businesses).
Manage a team of catastrophe analysts
Intake referrals outside field CAT authority for risks being quoted
Prepare referrals to Corporate CAT and Senior Management as needed
Prepare company in-force exposure data for US WC portfolio
Liaise with Corporate Event Response Team in the event of a catastrophe
Monitor catastrophe exposure changes, run models, and analyze results
Maintain/update internal processes for managing risk
Serve as a knowledge expert in internal and external discussion
Ensure compliance with established modeling best practices; develop new practices
Work externally with reinsurance brokers and analytics teams
Product Owner for the US WC application
Preferred candidates will be proficient in the areas of:
Catastrophic Modeling, with a focus on casualty exposures and casualty perils of concern
Actuarial Analysis, with an ability to work jointly with underwriters and actuaries
Data Analytics, with an acute eye for reading and interpreting data in the correct context
Sales and Marketing, with expertise in explaining catastrophic WC concerns to external parties
5-10 years of catastrophe modeling experience
Bachelor’s Degree in actuarial science, mathematics, insurance, risk management, or related field
Sound knowledge of forms, coverage, manual rating, loss rating, program design and casualty pricing
Proficiency in Microsoft Office; advanced skills in Microsoft Excel, VBA programming, and database management
Excellent written and oral skills
Strong leadership and sales skills
Chubb strives to offer a diverse and inclusive and rewarding work environment. Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills. We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.