Senior Analyst II - Actuarial Life Valuation

Chubb Ltd.; India; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Chubb Ltd. in Bengaluru seeks a Senior Analyst I/II in Actuarial to join the life actuarial function.

You will work on US GAAP (LDTI) valuation projects, run experience studies, and enhance the Prophet model in collaboration with local teams to deliver timely insights. You will ensure data integrity and support internal controls, maintain comprehensive documentation, and communicate study results clearly to stakeholders.

Responsibilities

• Maintain Prophet model by incorporating new products, testing changes and aligning with local teams.
• Prepare and analyze valuation reports in accordance with US GAAP (LDTI) standards.
• Deliver experience studies and assess impact of key assumption changes.
• Ensure data integrity and accuracy through regular validation and reconciliation.
• Assist in internal control procedures to ensure precise financial reporting.
• Drive process improvements to enhance accuracy and efficiency of deliverables.
• Maintain documentation for processes, models, assumptions and analyses to support results.
• Communicate LDTI and experience study results to local team in a timely manner.

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.