Junior Analyst - Actuarial Pricing Modernization at Chubb in Bangalore

Job description

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 . About Chubb India 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 : Junior Analyst/Analyst - Actuarial Pricing Modernisation Function/Department : Actuarial Location : Bangalore, India Employment Type: Full-time Reports To : Team Lead Role Overview – Pricing Modernisation for COG/EMEA Key Responsibilities: As a member of the Pricing Modernisation team at CBSI, candidates will be required to prepare and translate rating manuals or excel based raters into Radar pricing models (working in close conjunction with line actuaries) that can be used for live pricing with UW platforms and for actuarial pricing tasks (impact analysis, scenario analysis, generate rate monitoring reports etc). Validate premiums generated from Radar pricing model against available data sets to ensure model accuracy & consistency. Work on radar model updates & enhancements such as rate/modifier, algorithm updates. Support with proof of concepts projects within the team. This role presents an excellent opportunity for individuals looking to advance their career in Pricing Analytics within the Property & Casualty (P&C) industry. Skills and Qualifications: 1-3 years of proven record in IT Integrations & Transformations, Project Management, Business Analyst, Actuarial or pension roles (awareness of General Insurance pricing principles & LOBs would be an added advantage) Familiarity with rating algorithms & understanding or knowledge of raters (excel, PDF etc) would be a big plus. Strong MS Excel skills are mandatory, and additional knowledge in VBA/Excel macros will be advantageous for data handling and automation. Proficiency in programming languages such as SQL or R or Python, enabling efficient data manipulation and analysis. Prior work experience in Radar suite software will be an added advantage but not mandatory for the role. The role will involve contributing, working & coordinating with both onshore and o􀆯shore teams (Actuarial, UW, IT etc.) at Chubb. Excellent communication & presentation skills are needed. 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 t