SME I - Actuarial Life Valuation

About the Role

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

• Lead LDTI Valuation Execution: Oversee and review end-to-end LDTI valuation processes, including Prophet modelling, data processing, results analysis, ensuring accuracy and compliance with local and regulatory requirements.
• Drive Experience Studies: Conduct comprehensive review of experience studies results including assumption reviews, impact analysis, and validation checks, ensuring timely and accurate updates in Prophet.
• Streamline Processes and Controls: Optimize and standardize valuation and experience study processes, implement additional controls, and develop solutions to minimize errors and improve efficiency.
• Stakeholder Engagement and Communication: Maintain regular communication with key stakeholders, present valuation results, track commitments, and ensure clear, timely updates on deliverables and downstream impacts.
• Documentation: Maintain comprehensive documentation for each process and audit requirement, including data, models, assumptions, and analyses, to support the delivery of high-quality financial results and insights.
• Cross-Functional Collaboration: Collaborate with local, regional, and central teams (including modelling and finance) to ensure consistent model updates, knowledge sharing, and best practice adoption.
• Team Leadership and Development: Onboard, train, and mentor team members, provide regular feedback and identify skill gaps to foster team growth and capability and establish peer review systems to ensure high-quality deliverables.

Requirements

• Bachelor's or Master's degree in Mathematics, Economics, Actuarial Science or Statistics.
• 8-10 exams from recognized actuarial institute and 5-8 years of relevant experience.
• In-depth knowledge of USGAAP (LDTI), Pricing and Experience studies.
• Proficiency in Prophet, DCS or similar Actuarial software is highly desirable.
• Strong data analytics skills, attention to detail, and problem-solving abilities.
• Excellent communication and interpersonal skills, with the ability to manage multiple projects and meet deadlines.
• Strong stakeholder management and leadership skills.
• Demonstrated ability to onboard, train, and mentor team members, and foster a collaborative team environment.
• Proficiency in R or Python is highly desirable.
• Proficiency in MS Excel and other office applications is must.

Qualifications

• Progress towards or completion of actuarial exams (e.g., SOA, IFoA, or equivalent) preferred.