Job Description

Combined Insurance, a Chubb Company, is seeking an Actuarial Student to join our fast-paced, high energy, growing company. We are proud of our tradition of success in the insurance industry of over 100 years. Come join our team of hard-working, talented professionals!

Job Summary

The Actuarial Student will be responsible for all aspects of valuation, including determining the reserves for the company. Uses necessary software (e.g., Excel, SQL, Word, Power BI, Axis Actuarial Modeling Software).

Responsibilities:

• Perform quarterly valuations using Axis Actuarial Modeling Software
• Perform claim reserving process for quarterly and management reporting using RESQ.
• Provide support for financial reporting process - quarterly, annual, and ad hoc.
• Assist in integrating inputs and output requirements from new administrative system requirements and new/repricing product support.
• Assist in user acceptance testing of new modeling system requirements and new system infrastructure.
• Assist in automation of existing processes.
• May perform other actuarial ad hoc requests.
• Collaborate with internal and external stakeholders.

Qualifications

Skills and Competencies:

• Strong math aptitude and business sense
• Detail oriented and highly organized
• Good communication skills
• Strong analytical skills
• Effective written and oral communication skills
• Ability to work independently as well as in a team environment
• Reliability to achieve quality, accuracy, and timelines of work products
• Familiarity with Microsoft Office suite: Word, Excel, Powerpoint
• Experience with Moody's AXIS or other valuation modeling software and/or RESQ desired but not required

Education and Experience

• Bachelor's Degree preferably in Actuarial Science, Mathematics, Economics or Statistics
• Passed 2+ exams, actively pursuing Actuarial designation (ASA or FSA)

About Us

OUR BENEFITS

As a Chubb corporate employee, you have access to one of the most comprehensive benefit plans in the business, designed to meet your needs and help you reach your financial goals. More details can be found here. Chubb is committed to supporting its employees with a comprehensive compensation package that is appropriate in the market where they work. Below are several of the many benefits we offer our employees:

• Health insurance
• Dental insurance
• Tuition reimbursement
• A company-match 401(k) plan
• Disability insurance
• Life insurance
• Employee referral bonuses

ABOUT COMBINED INSURANCE

Combined Insurance Company of America is a Chubb company and a leading provider of supplemental accident, health, disability, and life insurance products in North America. Headquartered in Chicago, with satellite office in Columbia, SC, Combined is celebrating over 100 years in business. We are committed to making the world of supplemental insurance easy to access and understand. The company has an A+ rating by the Better Business Bureau and an A + (Superior) financial strength rating by A.M. Best. We are ranked by VIQTORY as the number one Military Friendly® Employer in 2023 (over $1 billion revenue category), marking Combined's twelfth consecutive year on the Top 10 list. We pride ourselves on approaching all situations with a Positive Mental Attitude (PMA) and encouraging collaboration.

ABOUT CHUBB

Chubb is the world's largest publicly traded property and casualty insurer. 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.

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