AVP, Life Risk Manager

Job Description

Job Description

The AVP Life Risk Manager will work in Chubb's Enterprise Risk Management Unit (ERM) as a subject matter expert on risks associated with Global Life, Accident and Health (Life & A&H) products and lead risk accumulation analysis of the firm's growing Life and A&H portfolio. The successful candidate will work closely with a wide range of business stakeholders in Corporate, business units and legal entities to integrate the Life and A&H business into Chubb's Group risk management framework.

The Life and A&H portfolio is predominantly in Asia and this job requires international travel.

Responsibilities

Advance the implementation of global Life and A&H risk management framework.

• Foster strong partnership with stakeholders and facilitate proactive risk identification and management.
• Lead the development of annual stress testing and event-driven scenarios to analyze the impact of macro-economic and insurance events on the Life and A&H portfolios.
• Analyze data sources to drive actionable insights on risk.
• Follow social and industry developments to contribute to the identification and assessment of emerging risks and development of action plans.
• Draft Life and A&H relevant sections in Group Own Risk and Solvency Assessment (ORSA); support the development of legal entity ORSAs.
• Contribute to the production of monthly or quarterly reports and presentations to various executive and Board committees.
• Participate and contribute to the Global Life Product Board which governs (second line of defense) Life globally through portfolio management, terms and conditions, accumulations, stress scenarios, new products and emerging risk reviews.
• Support model risk governance and model validation in Life and A&H business.
• Support the development of industry and competitor analysis, rating agency presentations and other ad hoc reports as needed.
• Communicate with Regional Risk Managers ensuring coordination and alignment on risk topics and the Risk Management Framework.

Qualifications

• Degree in a quantitative discipline (e.g., Mathematics, Statistics, Actuarial)
• 5-10 years of experience in Life and A&H Actuarial or Enterprise Risk Management Function.
• FSA/ASA or equivalent designations a plus.
• Strong business acumen and technical knowledge of Life and A&H products.
• Detail oriented with the ability to manage complex processes and competing priorities to successfully complete projects and meet required deadlines.
• A self-starter with the ability and confidence to use experience and judgement with minimal supervision or direction.
• Excellent communication and presentation skills with the ability to present analyses to technical and non-technical audiences.
• Ability to work collaboratively in an international team and cultivate a strong working relationship across all functional areas.
• Strong relationship building skills with ability to effectively collaborate with cross functional teams.

The pay range for the role is $102,000 to $168,000. 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.

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.

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.