About Chubb
Chubb is a world leader in insurance. With operations in 54 countries and territories, 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 defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 43,000 people worldwide.
About Chubb India
At Chubb India, we are on an exciting journey of digital transformation driven by a commitment to engineering excellence and analytics. We have been officially certified as a Great Place to Work® for the third consecutive year. With a team of over 2500 talented professionals, we encourage a start-up mindset that promotes collaboration, diverse perspectives, and a solution-driven attitude. We are dedicated to building expertise in engineering, analytics, and automation.
Location: Hyderabad, India
The Purpose of the Role
As a key member of the Catastrophe Modelling Team, he/she is responsible for providing analytical and modelling support services. The Senior Associate is able to perform all duties of the Associate with a high level of competence, and is also expected to interpret data results for multiple business units. Senior Associates are also expected to handle complex CAT modelling assignments and review information for accuracy. Senior Associates will interpret and deliver results to underwriters, and provide suggestions and commentary as appropriate.
Responsibilities
•Quickly learn and master all the models pertaining to the countries covered
•Provides results in the expected format for underwriters
•Possesses knowledge on multiple lines of business (property, marine, terrorism/energy/binders etc.)
•Performs basic interpretation of the results (Ex: Client loss exceed/less than deductible, Gross loss exceeding limits)
•Communicates results and provides suggestions directly to the client
•Contacts client for clarifications or other queries via e-mail or telephone
•Attends and fully participates in client calls
•Seeks assistance from senior resources as needed
Required Knowledge, Skills and Qualifications
•0-2 years' experience in Insurance/Risk Management and Statistics and Data Analysis preferred
•Graduate / Post Graduate in Actuarial Science/Statistics/Mathematics/Economics/Engineering etc.
•Strong analytical skills and attention to details
•Proficiency in Excel
•Able to work flexible schedule to accommodate business requirements and work requests in different time zones
•Proficiency in English language (verbal, written, comprehension)
Why Chubb?
Join Chubb to be part of a leading global insurance company! Our constant focus on employee experience along with a start-up-like culture empowers you to achieve impactful results.
•Industry leader: Chubb is a world leader in the insurance industry, powered by underwriting and engineering excellence
•A Great Place to Work: Chubb India has been recognized as a Great Place to Work® for the years 2023-2024 and 2024-2025
•Laser focus on excellence: At Chubb we pride ourselves on our culture of greatness where excellence is a mindset and a way of being
•Start-Up Culture: Embracing the spirit of a start-up, our focus on speed and agility enables us to respond swiftly to market requirements
•Growth and success: As we continue to grow, we are steadfast in our commitment to provide our employees with the best work experience
Employee Benefits
Our company offers a comprehensive benefits package designed to support our employees' health, well-being, and professional growth. Employees enjoy flexible work options, generous paid time off, and robust health coverage, including treatment for dental and vision related requirements. We invest in the future of our employees through continuous learning opportunities and career advancement programs.
•Savings and Investment plans: Corporate NPS (National Pension Scheme), Employee Stock Purchase Plan (ESPP), Long-Term Incentive Plan (LTIP), Retiral Benefits and Car Lease
•Upskilling and career growth opportunities: Education Reimbursement Programs, Certification programs and access to global learning programs
•Health and Welfare Benefits: Hybrid Work Environment, Employee Assistance Program (EAP), Yearly Free Health campaigns and comprehensive Insurance benefits
Application Process
•Step 1: Submit your application via the Chubb Careers Portal
•Step 2: Engage with our recruitment team for an initial discussion
•Step 3: Participate in HackerRank assessments/technical/functional interviews and assessments (if applicable)
•Step 4: Final interaction with Chubb leadership