Analyst - Actuarial Life Valuation

Chubb Ltd.; Bengaluru; On-site; INR 400,000 - 700,000; Full time

Job summary

Chubb Ltd. in Bengaluru is seeking a Senior Actuarial Analyst for Life Valuation. You will join the HIT Squad to automate actuarial workflows, combine actuarial knowledge with technology, and enhance efficiency and auditability across offshore valuation processes.

The role focuses on standardising pipelines, applying LDTI valuation and IFRS 17, and developing auditable solutions with Python and SQL, while ensuring quality controls and documentation for scalable delivery.

Qualifications

• Actuarial knowledge with strong technology skills.
• Experience with Life actuarial processes and valuation workflows.

Responsibilities

• Design, build, and maintain automated actuarial workflows using Python and SQL.
• Develop and apply AI/LLM tools within actuarial workflows, including automated report generation and data checks.
• Apply Life actuarial processes (LDTI valuation, IFRS 17, experience studies) to automation.
• Create well-documented, version-controlled, reusable code and process documentation.
• Design automated validation checks and reconciliation controls to catch upstream data issues and model errors.

Skills

Python

SQL

AI tools

LLMs

Actuarial concepts

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:Senior Actuarial Analyst – Actuarial Life Valuation
• Function/Department:Life Actuarial
• Location:Bengaluru
• Employment Type:Full time
• Reports To:Life Actuarial HIT Squad Lead

Role Overview

The HIT Squad is CBSI’s dedicated actuarial innovation team, focused on standardising, automating, and improving key processes across Life Actuarial Valuation. As an Actuarial Technology expert, you will combine actuarial knowledge with practical technology skills to build automated workflows, support controlled use of AI tools, and develop reusable, auditable solutions that improve efficiency, consistency, and scalability across the offshore valuation team.

Responsibilities

• Process Automation & Workflow Engineering: Design, build, and maintain automated actuarial workflows using Python and SQL to replace manual, error-prone steps with robust, auditable pipelines for data extraction, transformation, validation, and output generation.
• AI/LLM Implementation: Develop and apply AI and large language model tools within actuarial workflows, including automated report generation, assumption change summaries, anomaly detection, and intelligent data checks. Evaluate emerging tools and prototype practical use cases relevant to Life actuarial functions.
• Actuarial Domain Contribution: Apply knowledge of Life actuarial processes, including LDTI valuation, IFRS 17, and experience studies, to ensure automation solutions are domain-correct, audit-compliant, and produce reliable outputs.
• Documentation & Standardization: Build well-documented, version-controlled, reusable code and process documentation. Establish standards so any team member can run, support, and maintain a process without relying on the original author.
• Validation Controls & Checks: Design automated validation checks and reconciliation controls within actuarial pipelines to identify upstream data issues, model errors, and output anomalies before they reach stakeholders.