Senior Analyst II - Actuarial Pricing Modernisation

About the Role

Senior Analyst II - Actuarial Pricing Modernisation for NA. Reports To: Team Lead. As a member of the Pricing Modernisation team at CBSI, candidates will be required to prepare and translate rating manuals or excel based raters into Radar pricing models (working in close conjunction with line actuaries) that can be used for live pricing with UW platforms and for actuarial pricing tasks (impact analysis, scenario analysis, generate rate monitoring reports etc).

Key Responsibilities

• Prepare and translate rating manuals or excel based raters into Radar pricing models (working in close conjunction with line actuaries) that can be used for live pricing with UW platforms and for actuarial pricing tasks (impact analysis, scenario analysis, generate rate monitoring reports etc).
• Validate premiums generated from Radar pricing model against available data sets to ensure model accuracy & consistency.
• Work on radar model updates & enhancements such as rate/modifier, algorithm updates. Support with proof of concepts projects within the team.
• The role will involve contributing, working & coordinating with both onshore and offshore teams (Actuarial, UW, IT etc.) at Chubb. Excellent communication & presentation skills are needed.

Requirements

• 8-10 years of proven record in IT Integrations & Transformations, Project Management, Business Analyst, Actuarial or pension roles (awareness of General Insurance pricing principles & LOBs would be an added advantage).
• Familiarity with rating algorithms & understanding or knowledge of raters (excel, PDF etc) would be a big plus.
• Strong MS Excel skills are mandatory, and additional knowledge in VBA/Excel macros will be advantageous for data handling and automation.
• Proficiency in programming languages such as SQL or R or Python, enabling efficient data manipulation and analysis.
• Prior work experience in Radar suite software will be an added advantage but not mandatory for the role.