Actuarial associate, tempest life re - united states, zaranj

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. 
 
chubb tempest life reinsurance ltd. has an immediate vacancy for an actuarial associate in our jersey city office. the actuarial associate will be a key member of a dynamic team responsible for risk management of life and annuity reinsurance business. primary focus is on valuation and risk management of variable annuity guaranteed benefits. 
 
chubb tempest life re, based in bermuda, offers specialized solutions for multi-faceted risks including elements of financial, behavioral, mortality and longevity risk. in the variable annuity marketplace, ctlr possesses the actuarial expertise and experience to analyze and structure reinsurance programs for various embedded risks including guaranteed minimum death benefits, guaranteed minimum income benefits, and other death and living benefit guarantees.

ctlr also offers direct life insurance products to individuals through its branches in taiwan and uae and its subsidiary in europe.
 
responsibilities of the position include, but are not limited to:
analysis and reporting of risk components through development and maintenance of stochastic simulation models, which includes updating and running weekly, monthly, and quarterly production valuation models, compiling results and producing analytic summaries of the results. support other aspects of the life reinsurance business, including financial reporting, forecasts, hedging, experience studies, and performing sensitivity testing
the successful applicant must possess the following:
associate of the society of actuaries/ pursing fsa a minimum of 3-5 years of relevant actuarial experience in an actuarial role in the u.s. life (re)insurance markets (experience working with variable annuities a plus); expertise with actuarial modeling software (moses or rafm a plus), excel, vba and economic scenario generators highly desirable.
in addition, the applicant should possess the following:
strong communication skills; genuine aptitude for working independently in a small team environment; and ability to meet tight deadlines. successful applicant will be able to work extended hours and weekends when required. job level will depend on successful applicant’s relevant experience

chubb strives to offer a diverse and inclusive and rewarding work environment.  teamwork and mutual respect are central to how chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills.  we operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.

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