VP & Actuary

Company: Chubb
Location: Philadelphia
Posted on: July 1, 2025

Job Description:

Position Overview: We are seeking a visionary and experienced Vice President & Actuary to lead the actuarial strategy for our pet insurance segment. This position will drive the long-term profitability, risk management, and innovation of our product portfolio. The VP will lead a high-performing actuarial team, provide strategic leadership across the business, and serve as a key voice in guiding enterprise-level decisions. Key Responsibilities: Set the actuarial vision and strategy for the pet insurance business, aligning with corporate goals for growth, profitability, and market leadership. Lead actuarial functions such as pricing, filings, and management reporting for the pet insurance line. Work closely with the Finance team on the annual planning process, providing loss ratio projections and planning support documents; monitor and revisit loss ratios monthly throughout the year through re-bridging. Oversee the development and enhancement of pricing models, underwriting frameworks, and product segmentation strategies. Collaborate with the Analytics team in developing new models to support product development, pricing, claim analytics, and distribution strategies, ensuring two-way communication, thorough model review, and successful implementation upon delivery. Provide strategic oversight on actuarial inputs to product development, market expansion, and distribution strategy. Serve as a key member of the leadership team, offering thought leadership on business planning, risk appetite, and capital efficiency. Build and lead a high-performing actuarial team, fostering a culture of innovation, accountability, and professional growth. Represent the company in discussions with regulators, reinsurers, partners, and other external stakeholders. Ensure actuarial compliance with regulatory standards (ASOPs, NAIC, etc.) and company governance. Qualifications: 10 years of actuarial experience, with substantial leadership in health, pet, or personal lines insurance. FSA/FCAS, ASA/ACAS or equivalent industry qualifications required. Demonstrated success in managing P&L-impacting actuarial strategies and cross-functional initiatives. Expertise in actuarial modeling, insurance product strategy, and enterprise risk. Preferred Skills & Characteristics: Strong executive presence and communication skills. Strategic mindset with deep financial and operational acumen. Experience scaling or modernizing actuarial teams and technologies. Collaborative leadership style with a focus on outcomes and innovation. Excellent analytical and problem-solving skills. Strong organizational and documentation skills. The ability to prioritize multiple competing deliverables and manage time effectively. Chubb is a world leader in insurance. With operations in 54 countries, 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 distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally. At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

Keywords: Chubb, Lower Merion , VP & Actuary, Accounting, Auditing , Philadelphia, Pennsylvania