Actuarial Trainee

About the role

As an Actuarial Trainee with Chubb, you will help evaluate business opportunities in a given market by analyzing data to identify potential profitability and possible pitfalls. P&C actuaries advise management on ways to balance the anticipated with the unexpected. Typically, actuaries base their analysis on the demand the business may create, the price required to deliver a reasonable rate of return, and the potential effect of claims on the company's profitability.

As your career progresses at Chubb, projects will include extensive statistical analysis, pricing, loss reserving, research, forecasting, and predictive analytics. Actuarial Trainees are primarily located in Philadelphia, PA and Whitehouse Station, NJ. The position combines on-the-job learning with seminars, formal training, rotational opportunities, and time off to study for the Casualty Actuarial Society's series of exams.

About Chubb’s Associate Program

By joining the Chubb Associate Program, you will be part of a cohort of top early career talent with bachelor’s degrees who will participate in a robust, comprehensive technical and experiential learning journey. Our two-year program is designed to accelerate your development, enhance your network, support you in reaching your career goals, and enable you to contribute to the future success of Chubb.

As part of this program, you will receive:

• Business training unique to a career at Chubb
• Technical training to deepen your skill level within your chosen discipline and an understanding of our broader industry
• Interpersonal effectiveness training to help you gain strong communication and interactive skills
• Access to additional training to complement your professional development

You, along with your program peers, form a unique community of achievers who we believe will become the future leaders of Chubb.

Requirements

• Bachelor’s degree required (Mathematics, Statistics, Economics, Finance, Actuarial Science, or a related field)
• Strong GPA preferred (3.0 minimum)
• Minimum of one Actuarial Exam is required
• Working knowledge of Microsoft Office products, specifically Excel and Access
• Experience with R, SQL, and Python preferred
• Solid analytical and problem-solving skills
• Ability to work effectively as part of a team
• Strong communication skills
• Enjoy designing creative solutions to problems

Sponsorship, now or in the future, is not available for this role. Applicants must be legally authorized for employment in the U.S. without need for current or future employment-based sponsorship.

About Us

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.