Sme Ii

**About Chubb**

**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**: SME II - Actuarial Pricing
- **Function/Department**: Actuarial
- **Location**: Bangalore, India
- **Employment Type**:Full-time
- **Reports To**: Team Lead
- **Role Overview -**Pricing for NA Team

**Key Responsibilities**:

- **Case Pricing: -**Conduct case pricing for major accounts with large Total Insured Values (TIV) using actuarial pricing techniques. Utilize methods such as Burning Cost, Exposure-Based Method, and Frequency and Severity Simulation to determine appropriate pricing strategies
- **Participate in Pricing Meetings**:Actively attend pricing meetings, addressing queries and providing support to pricing actuaries and business leaders.
- **Conduct Price Monitoring Studies**:Prepare and present a comprehensive monthly price monitoring report that tracks pricing trends and identifies potential areas for adjustment.
- Collaborate with stakeholders to ensure alignment on pricing strategies and market conditions.
- **Rate Change**:Evaluate historical loss data, premium production, and retention rates to assess pricing effectiveness and recommend adjustments as necessary.
- **Provide Actionable Insights**:Develop insights and recommendations for pricing adjustments based on monitoring results and data analysis.
- **Prepare Reports and Presentations**:Create comprehensive reports and presentations to effectively communicate findings and recommendations to senior management and stakeholders.
- **Communicate Analysis Effectively**:Summarize and communicate analysis results with clarity and precision, ensuring accuracy and an eye for detail.

**Skills and Qualifications**:

- **Educational Background**:Bachelor’s degree in actuarial science, Mathematics, Statistics, or a related field. With qualification as an associate or fellow with IAI / IFoA / CAS / SoA
- **Technical Skills**:Strong analytical skills and proficiency in statistical software (e.g., R, Python, SQL) as well as advanced Excel and VBA capabilities.
- **Communication Skills**:Exceptional communication abilities, able to convey complex information clearly to non-technical stakeholders.
- **Problem-Solving Abilities**:Strong problem-solving skills with meticulous attention to detail.
- **Teamwork and Independence**:Proven ability to work both independently and collaboratively in a team environment.

**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 in our commitment to provide our employees with the best work experience, enabling them to advance their careers in a conducive environment