Analyst I - CAT Modelling

Chubb Life Hong Kong; Hyderabad; On-site; INR 500,000 - 800,000; Full time

Job summary

Chubb India is seeking a Senior Associate in Catastrophe Modelling to provide analytical and modelling support to multiple business units. You will interpret data results, deliver to underwriters, and handle complex CAT modelling assignments while coordinating with clients and internal teams.

Ideal candidates have 0-2 years in Insurance/ Risk Management, strong Excel skills, and English proficiency. This role requires flexibility across time zones and a collaborative, detail-oriented mindset.

Qualifications

• 0-2 years’ experience in Insurance/ Risk Management and Statistics and Data Analysis preferred.
• Graduate / Post Graduate in Actuarial science/ Statistics/ Mathematics / Economics/Engineering etc.
• Strong analytical skills and attention to details
• Proficiency in Excel
• Able to work flexible schedule to accommodate business requirements and work requests in different time zones.
• Proficiency in English language (verbal, written, comprehension).

Responsibilities

• Quickly learn and master all the models pertaining to the countries covered
• Provides results in the expected format for underwriters.
• Possesses knowledge on multiple lines of business (property, marine, terrorism/ energy/ binders etc.)
• Performs basic interpretation of the results (Ex: Client loss exceed/less than deductible, Gross loss exceeding limits)
• Communicates results and provides suggestions directly to the client.
• Contacts client for clarifications or other queries via e-mail or telephone.
• Attends and fully participates in client calls.
• Seeks assistance from senior resources as needed.

Skills

Analytical skills

Excel proficiency

English language

Flexible schedule

Education

Bachelor's degree in Actuarial science / Statistics / Mathematics / Economics / Engineering

Job description

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.

Location: Hyderabad, India

The Purpose of the role

As a key member of the Catastrophe Modelling Team, he/she is responsible for providing analytical and modelling support services. The Senior Associate is able to perform all duties of the Associate with a high level of competence, and is also expected to interpret data results for multiple business units. Senior Associates are also expected to handle complex CAT modelling assignments and review information for accuracy. Senior Associates will interpret and deliver results to underwriters, and provide suggestions and commentary as appropriate.

Responsibilities

• Quickly learn and master all the models pertaining to the countries covered
• Provides results in the expected format for underwriters.
• Possesses knowledge on multiple lines of business (property, marine, terrorism/ energy/ binders etc.)
• Performs basic interpretation of the results (Ex: Client loss exceed/less than deductible, Gross loss exceeding limits)
• Communicates results and provides suggestions directly to the client.
• Contacts client for clarifications or other queries via e-mail or telephone.
• Attends and fully participates in client calls.
• Seeks assistance from senior resources as needed.

Qualifications

Required knowledge, Skills and qualifications

• 0-2 years’ experience in Insurance/ Risk Management and Statistics and Data Analysis preferred.
• Graduate / Post Graduate in Actuarial science/ Statistics/ Mathematics / Economics/Engineering etc.
• Strong analytical skills and attention to details
• Proficiency in Excel
• Able to work flexible schedule to accommodate business requirements and work requests in different time zones.
• Proficiency in English language (verbal, written, comprehension).

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 inour commitment toprovide 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 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.

Requirements: