Senior Analyst II - Actuarial Life Valuation

Chubb; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Chubb India is seeking a Senior Analyst I/II in Bengaluru to support actuarial valuation and reporting functions. The role focuses on US GAAP (LDTI) compliant experience studies and data validation, driving accurate financial insights for local teams.

The candidate will work closely with Actuarial and Analytics teams to ensure high-quality deliverables and robust documentation while supporting process improvements and internal controls.

Qualifications

• Experience with Prophet modelling and product testing.
• Knowledge of US GAAP (LDTI) standards.
• Experience studies and experience analysis.
• Strong data validation and reconciliation skills.
• Ability to communicate technical results clearly.

Responsibilities

• Maintain Prophet model with product changes and assumptions.
• Prepare valuation reports per US GAAP (LDTI).
• Deliver experience studies and impact analyses.
• Ensure data integrity through validation and reconciliation.
• Support internal control and documentation for audits.
• Communicate results to local teams in a timely manner.

Skills

Prophet model

US GAAP (LDTI)

Experience studies

Data validation

Financial reporting

Documentation

Education

Actuarial degree

Tools

Prophet

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 Analyst I/II
• Function/Department:Actuarial
• Location: Bengaluru
• Employment Type:Full time
• Reports To:Team Lead
• Role Overview:To provide meaningful, insightful, high quality and timely

USGAAP (LDTI) and Experience studies actuarial reports and recommendations to actuarial business units for various Chubb Life entities.

Key Responsibilities

• Maintain Prophet modelby incorporating new products, testing model and assumption changes, and ensuring alignment with modelling and local teams.
• Prepare and analyze valuation reportsin accordance with US GAAP (LDTI) standards.
• Deliver experience studiesand conduct impact analyses to assess the effects of changes in key assumptions.
• Ensure data integrity and accuracythrough regular data validation and reconciliation activities.
• Assist in the completion of internal control procedures to ensure precise financial reporting.
• Conduct process improvement initiativesto enhance the accuracy and efficiency of deliverables.
• Maintain comprehensive documentationfor all processes and audit requirements, including data, models, assumptions, and analyses, to support high-quality financial results and insights.
• Provide and Communicate LDTI and experience study results to local team in effective and timely manner.