Location
Whitehouse Station, NJ | United States
Job description
JOB DESCRIPTION
The
AVP will lead commercial auto rating plan externalization effort to build a modern and efficient rating engine that can be utilized by multiple policy admin systems The initial focus for the ideal candidate is to act as a liaison between internal actuarial and IT teams and external Radar vendor to ensure successful implementation of new auto rating plan. This individual will be expected to develop expertise in the Radar software suite as the owner of auto rating engine and coordinate change management over the lifecycle of rating plan updates by states.
This role will operate on a hybrid schedule (3 days in office, 2 days remote) based in Whitehouse Station, NJ. Other offices or fully remote will be considered for strong candidates. Key Responsibilities: - Develop and maintain commercial auto rating plan in Radar, via coordinating with external vendor and internal actuarial team
- Use ISO manuals and tools for foundational pricing structure and build upon it with proprietary pricing model
- Manage and implement ISO approved rates in Radar to ensure rating plans keep up to date with full compliance of each state
- Manage auto proprietary rating plan development lifecycle, from ideation to launch, by defining pricing features, creating business requirement documents, and coordinating with internal stakeholders to ensure timely delivery
- Collaborate with cross-functional teams, including underwriting, actuarial, regulatory, and IT, to gather insights and develop commercial auto products and/or rating plans that meet the business needs across small, middle and specialized markets
- Explore and perform actuarial analyses including rate dislocation and monitoring with Radar's analytic tools
- Engage business partners to ensure alignment with enterprise rating externalization strategies and execution
QUALIFICATIONS - 5+ 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.
Job tags
Salary
