Analyst - Actuarial Pricing

Chubb; Bengaluru; Hybrid; INR 600,000 - 900,000; Full time

Benefits offered by this job

Hybrid Work Environment

Health coverage

Education reimbursement

ESPP

Job summary

Chubb India is seeking a Junior Analyst/ Analyst - Actuarial Pricing in Bengaluru, offering a hybrid work setup. You will strengthen actuarial skills, work with Underwriters and Pricing Actuaries on price monitoring, and provide timely responses to pricing inquiries.

Join a global insurer with a startup mindset, delivering diverse analytics projects and opportunities to grow in statistics, pricing, and automation within a collaborative team.

Qualifications

• Advanced Excel and Python proficiency.
• SQL and AI prompting are a plus.
• Degree in Statistics, Math or Actuarial Science.

Responsibilities

• Produce monthly and quarterly price monitoring reports for pricing stakeholders across multiple regions.
• Respond to underwriters’ queries in a timely and professional manner.
• Collaborate with pricing actuaries on PMR-related queries and secure sign-off.
• Support ad hoc price monitoring requests as required.
• Ensure the accuracy and consistency of pricing monitoring reports.

Skills

Advanced Excel

Python

SQL

AI Prompting

Education

Bachelor's degree in Statistics/Math/Actuarial Science

Job description

JOB DESCRIPTION

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 45,000 people worldwide. Additional information can be found at: www.chubb.com.

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 45,000 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 3000 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
• Function/Department: Actuarial
• Location: Bengaluru /Hybrid
• Employment Type: Full-time
• Reports To: Suresh Kumar S
• Role Overview: Opportunity to strengthen actuarial skills, gain exposure to P&C products, and collaborate with Underwriters and Pricing Actuaries.

Key Responsibilities

• Produce monthly and quarterly price monitoring reports for pricing stakeholders across multiple regions.
• Manage and respond to underwriters’ queries in a timely and professional manner.
• Collaborate with pricing actuaries on PMR-related queries and secure sign-off.
• Support ad hoc price monitoring requests as required.
• Ensure the accuracy, integrity, and consistency of pricing monitoring reports.
• Coordinate with regional pricing teams to collect data and insights.
• Monitor pricing compliance and identify discrepancies or deviations for review and action.

Skills And Qualifications

• Essential Skills: Advanced Excel, Python
• Preferred Skills: SQL, AI Prompting
• Education: A degree in Statistics, Math or Actuarial Science
• Experience: 1-4 years

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
• 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)

• 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.