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**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 I / SME II - Actuarial Model Validation
- **Function/Department**: Actuarial
- **Location**: Bengaluru
- **Employment Type**: Full-time
- **Reports To**: Actuary and CBSI Head - Actuarial Pricing and Capital
- **Role Overview**:Perform model validation of internal capital models

**Key Responsibilities**

Validation actuaries' primary focus is to understand and challenge the actuarial and economic methods and assumptions used in models, and to validate other areas including governance, data quality, documentation and the understanding & compliance of model teams with regulatory standards. It involves decomposing methods from first principles, identifying underlying assumptions either by reference to the literature and / or by inventive thinking.

The position relies heavily on the excellent communication skills of team members, not least because of the diversity of team members' geographical locations. Our team members have great visibility, taking responsibility and credit for their work to the maximum extent possible with internal and occasionally external audiences, including financial supervisory authorities and Lloyd's.

**Skills and Qualifications**
- **Essential Skills**:

- **Proven experience in general actuarial fields within the insurance industry, preferably Property and Casualty insurance.**:

- **Excellent analytical and problem-solving skills**:

- **Strong written and verbal communication skills, with experience preparing reports and presentations for various audiences.**
- **Preferred Skills**:

- **A strong enthusiasm for the intellectual and business opportunities that validation provides.**:

- **Experience in insurance risk capital modelling is an added advantage.**:

- **R experience is helpful, and willingness to learn this approach is required.**
- **Education**:

- **Bachelor’s degree in Mathematics, Statistics, Actuarial Science, Finance, or a related field;**:

- **Master’s degree / Qualified (Nearly Qualified) Actuary / CFA / similar professional qualification with relevant experience is preferred.**
- **Experience**:

- **A minimum of five years in Property and Casualty insurance
**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
**Employee Benefits**

**Our company offers a comprehensive benefits package designed to support our employees’ health, well-being, and professional growth. Employees enjoy flexible work options, generous paid time off, and robust health coverage, including treatment for dental and vision related requirements. We invest in the future of our employees through continuous learning opportunities and career advancement programs, while fostering a supportive and inclusive work environment. Our benefits include**:

- **Savings and Investment plans: We provide specialized benefits like Corporate NPS (National Pension Scheme), Employee Stock Purchase Plan (ESPP), Long-Term Incentive Plan (LTIP), Retiral Benefits and Car Lease tha