Director & Actuary
Company: Chubb Insurance in Australia
Location: Chicago
Posted on: April 1, 2026
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Job Description:
Description Job Summary: The Director and Actuary is responsible
for providing actuarial support for financial reporting,
forecasting, and planning processes for health insurance products.
This role involves improving reserving processes, supporting new
product development, and ensuring compliance with US GAAP and
Statutory financial reporting requirements. Key Responsibilities:
Provide actuarial support for US financial reporting requirements
and other local reporting needs Assist in forecasting, planning,
and long-term planning processes for North America and
international business channels Support Actuarial Opinions and
Memorandums in the U.S. and fulfill qualification and CPD
requirements Assist with 10Q and 10K reporting requirements and SOX
controls Report to the Chief Actuaries for Combined and Chubb COG
Improve reserving processes for efficiency and consistency in
reporting Develop a controlled process for financial reporting and
system implementation/conversions Develop quarterly Reserve review
documentation and present to senior management Provide actuarial
support for new product development and portfolio management
Conduct ad hoc analysis as required Key Competencies: Strong
knowledge of US GAAP, Statutory, and Tax regulations Excellent
analytical skills and ability to communicate results clearly Strong
understanding of the actuarial control environment Ability to
manage multiple priorities and stakeholders effectively Proficiency
in Moody’s AXIS software Leadership skills with the ability to
manage and develop staff Accreditation: Bachelor’s degree in
Finance, Actuarial Science, Mathematics, Statistics, or a related
technical discipline 10 years of insurance industry experience
specifically related to US GAAP and statutory financial reporting
Fellow of the Society of Actuaries (FSA) and Member of the American
Academy of Actuaries (MAAA) US qualified to sign as an Appointed
Actuary (back up to AA) Additional Information: The role involves
managing a budget of approximately $3 billion Supervises a team of
3 professional level employees Requires frequent internal and
external communication with high complexity The pay range for the
role is $105,000 to $179,700. The specific offer will depend on an
applicant’s skills and other factors. This role may also be
eligible to participate in a discretionary annual incentive
program. Chubb offers a comprehensive benefits package, more
details on which can be found on our careers website . The
disclosed pay range estimate may be adjusted for the applicable
geographic differential for the location in which the position is
filled.
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