Actuarial Trainee

ChubbChubbPhiladelphia, Pennsylvania, United States
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Posted

8/21/2026

Employment

Full time

Range

Check website

Work style

On-site

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AI summary

Core responsibilities

The trainee will analyze data to evaluate business opportunities, identify potential profitability, and assess risks for the company. They will also participate in projects involving pricing, loss reserving, forecasting, and predictive analytics.

Requirements overview

Candidates must hold a bachelor's degree in a quantitative field such as Mathematics, Statistics, or Actuarial Science with a minimum 3.0 GPA. Additionally, applicants are required to have passed at least one actuarial exam and possess proficiency in Microsoft Office tools.

Key skills

Statistical analysisPricingLoss reservingResearchForecastingPredictive analyticsAnalytical skillsProblem solvingCommunicationMicrosoft ExcelMicrosoft AccessRSQLPython

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Education requirements

bachelor degree

About Chubb

Industry

Insurance

Employees

278

Type

Privately Held

Size

1,001-5,000 employees

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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also 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 maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 40,000 people worldwide. Additional information can be found at: www.chubb.com. Chubb Life Hong Kong is the international life insurance division of Chubb, establishing its presence in Hong Kong since 1976. To meet the financial protection and wealth management needs of its broad range of customers, Chubb Life in Hong Kong (Chubb Life Insurance Hong Kong Limited) offers a range of life protection, savings, accident and health insurance solutions through agents and brokers. The company has been a recipient of various awards for marketing, product innovation and commitment in corporate social responsibility. 安達為全球領先的保險公司,業務遍及54個國家及地區。安達為不同行業的客戶提供商業及個人財產和責任保險、個人意外及醫療輔助保險、再保險及人壽保險等。公司的優越之處在於其多元化的產品及服務範圍、廣大的分銷能力、超卓的財務實力、出眾的理賠專業知識及營運業務遍佈全球各地。總公司安達有限公司於紐約證券交易所上市(紐約證券交易所:CB),為標準普爾500指數的成份公司。安達於蘇黎世、紐約、倫敦及其他地方設有行政辦公室,全球僱員人數約40,000名。 安達人壽是安達旗下負責國際人壽保險的分部。於亞洲,安達人壽的業務分佈在香港特別行政區、印尼、韓國、緬甸、台灣、泰國及越南等市場,並在中國設有合資企業。安達人壽自1976年踏足香港,並於2015年在香港特區開展環球財富管理業務。為滿足廣泛客戶的財務保障及財富管理需求,安達人壽香港(安達人壽保險有限公司)透過保險代理團隊及保險經紀提供一系列的人壽、儲蓄、意外和醫療保險方案。

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Job categories

Finance & AccountingData & AnalyticsConsulting

Description

As an Actuarial Trainee with Chubb, the trainee will help evaluate business opportunities in a given market by analyzing data to identify the potential profitability and possible pitfalls. P&C actuaries advise management on ways to balance the anticipated with the unexpected. Typically, our actuaries base their analysis on the demand the business may create, the price required to deliver a reasonable rate of return, and the potential effect of claims on the company's profitability. As the trainee’s career progresses at Chubb, projects will include extensive statistical analysis, pricing, loss reserving, research, forecasting, and predictive analytics. Actuarial Trainees are primarily located in Philadelphia, PA and Whitehouse Station, NJ. The position combines on-the-job learning with seminars and formal training, rotational opportunity, and time off to study for the Casualty Actuarial Society's series of exams. About Chubb’s Associate Program By joining the Chubb Associate Program, you will be part of a cohort of top early career talent with bachelor’s degrees who will participate in a robust, comprehensive technical and experiential learning journey. Our two-year program is designed to accelerate your development, enhance your network, support you in reaching your career goals and enable you to contribute to the future success of Chubb. This is a permanent full-time position and a compelling opportunity to join a global, growing, financially stable and successful company.  As the industry leader, Chubb is an employer of choice for students aspiring to develop a meaningful career in a fast-paced, diverse company with offices in most major US cities. As part of this program you will receive: * Business training unique to a career at Chubb; * Technical training to deepen your skill level within your chosen discipline; and an understanding of our broader industry; * Interpersonal effectiveness training to help you gain strong communication and interactive skills; * Access to additional training to compliment your professional development.    You, along with your program peers, form a unique community of achievers who we believe will become the future leaders of Chubb.   We are looking for individuals who possess analytical skills, can effectively work as part of a team, are sophisticated communicators, and enjoy designing creative solutions to problems. 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.

Requirements

  • Statistical analysis
  • Pricing
  • Loss reserving
  • Research
  • Forecasting
  • Predictive analytics
  • Analytical skills
  • Problem solving
  • Communication
  • Microsoft Excel
  • Microsoft Access
  • R
  • SQL
  • Python

Benefits

  • Business training
  • Technical training
  • Interpersonal effectiveness training
  • Professional development

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