AVP & Actuary

This position is responsible for leading and managing actuarial staff in the Property & Inland Marine unit of Westchester Actuarial. Westchester is Chubb’s wholesale division, which focuses primarily on middle market risks distributed through wholesalers. The role is based in Philadelphia, PA, and reports to the Lead Actuary for Westchester. 

Responsibilities will include: 

• Oversee the day-to-day actuarial support for Westchester Property and Inland Marine through training and managing three actuarial analysts. 

• Large account pricing
• Completion of annual profitability study
• Production of monthly and quarterly management reporting including rate monitor
• Assisting in development of the annual financial plan; providing loss ratio projections and planning documents as needed by Corporate Actuarial
• Current Accident Year Actual vs Expected analysis on a monthly basis
• Supporting pricing tools by developing needed enhancements, working with IT to implement, and testing prior to release
• Responding to periodic requests via ad hoc analyses and reports
• Work closely with the underwriting team to understand their needs and enhance actuarial analyses and reporting to support a profitable portfolio
• Work closely with other Chubb and Westchester actuaries to encourage a consistent actuarial approach within Property lines across North America