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SME I - Actuarial Pricing at Chubb in Bangalore, Karnataka, India
Job Description
SME I - Actuarial Pricing
Location: Bangalore, Karnataka, India
About Chubb
Chubb is a world leader in insurance. With operations in 54 countries and territories, 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 defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 43,000 people worldwide. Additional information can be found at: www.chubb.com.
At Chubb India, we are on an exciting journey of digital transformation driven by a commitment to engineering excellence and analytics. We are proud to share that we have been officially certified as a Great Place to Work® for the third consecutive year, a reflection of the culture at Chubb where we believe in fostering an environment where everyone can thrive, innovate, and grow.
With a team of over 2500 talented professionals, we encourage a start-up mindset that promotes collaboration, diverse perspectives, and a solution-driven attitude. We are dedicated to building expertise in engineering, analytics, and automation, empowering our teams to excel in a dynamic digital landscape.
We offer an environment where you will be part of an organization that is dedicated to solving real-world challenges in the insurance industry. Together, we will work to shape the future through innovation and continuous learning.
Position Details:
- Job Title: Senior Analyst/ SME
- Function/Department: Actuarial
- Location: Bangalore, India
- Employment Type: Full-time
- Reports To: CBSI Head – EMEA Actuarial
- Role Overview – Pricing for Europe A&H
Key Responsibilities:
Be a key collaborator of the Europe A&H Actuarial Pricing team on essential pricing tasks, including individual case pricing, portfolio analysis and planning.
Develop and apply frequency-severity, burn cost and experience-rating methods to price A&H products such as personal accident, travel and supplemental health.
Mentor junior analysts and promote technical upskilling in modern analytics tools.
Actively attend all pricing meetings and address all queries raised by the pricing actuaries and business heads.
Utilize actuarial techniques and data analytics for analysis of experience.
Contribute to continuous improvement initiatives, refining portfolio review process and improving efficiency.
Skills and Qualifications:
Undergraduate degree in any analytical discipline such as Mathematics, Actuarial Science, Statistics, etc.
Prior reserving experience (e.g., triangle methods, ultimate loss estimation, valuation or SAO work) is an advantage.
Pursuing actuarial exams or nearing qualification, or qualified with 6+ years of relevant actuarial experience, preferably in General Insurance Pricing, ideally A&H, Property or Specialty lines.
Strong analytical skills with proficiency in various software (e.g. Microsoft Office, Python, R, SQL, Qliksense/Qlikview) and actuarial tools.
Excellent communication skills, with the ability to convey complex information clearly to non-technical stakeholders.
Effective interpersonal skills, ability to manage competing projects, meet deadlines and work independently.
Why Chubb?
Join Chubb to be part of a leading global insurance company!
Our constant focus on employee experience along with a start-up-like culture empowers you to achieve impactful results.
- Industry leader: Chubb is a world leader in the insurance industry, powered by underwriting and engineering excellence
- A Great Place to work: Chubb India has been recognized as a Great Place to Work® for the years 2023-2024 and 2024-2025
Laser focus on excellence: At Chubb we pride ourselves on our culture of greatness where excellence is a mindset and a way of being. We constantly seek new and innovative ways to excel at work and deliver outstanding results
Start-Up Culture: Embracing the spirit of a start-up, our focus on speed and agility enables us to respond swiftly to market requirements, while a culture of ownership empowers employees to drive results that matter
Growth and success: As we continue to grow, we are steadfast in our commitment to provide our employees with the best work experience, enabling them to advance their careers in a conducive environment
Employee Benefits
Our company offers a comprehensive benefits package designed to support our employees’ health, well-being, and professional growth. Employees enjoy flexible work options, generous paid time off, and robust health coverage, including treatment for dental and vision related requirements. We invest in the future of our employees through continuous learning opportunities and career advancement programs, while fostering a supportive and inclusive work environment. Our benefits include:
Savings and Investment plans: We provide specialized benefits like Corporate NPS (National Pension Scheme), Employee Stock Purchase Plan (ESPP), Long-Term Incentive Plan (LTIP), Retiral Benefits and Car Lease that help employees optimally plan their finances.
Upskilling and career growth opportunities: With a focus on continuous learning, we offer customized programs that support upskilling like Education Reimbursement Programs, Certification programs and access to global learning programs.
Health and Welfare Benefits: We care about our employees’ well-being in and out of work and have benefits like Hybrid Work Environment, Employee Assistance Program (EAP), Yearly Free Health campaigns and comprehensive Insurance benefits.
Application Process (TA to fill)
Our recruitment process is designed to be transparent, and inclusive.
Step 1: Submit your application via the Chubb Careers Portal.
Step 2: Engage with our recruitment team for an initial discussion.
Step 3: Participate in HackerRank assessments/technical/functional interviews and assessments (if applicable).
Step 4: Final interaction with Chubb leadership.
Join Us
With you Chubb is better. Whether you are solving challenges on a global stage or creating innovative solutions for local markets, your contributions will help shape the future. If you value integrity, innovation, and inclusion, and are ready to make a difference, we invite you to be part of Chubb India’s journey.
Apply Now: <Chubb India Career page><TA to confirm>