September 17, 2024

Chubb

Auckland City

FULL TIME

Chief Actuary

Chief Actuary & Appointed Actuary

About the role
Reporting to the NZ Chubb Life CEO with a functional matrix reporting line to the CFO, Audit Committee, and Southeast Asia Chief Actuary, this is a unique and exciting opportunity to gain international exposure and to share your expert actuarial knowledge of the insurance industry.
As a trusted partner, you'll provide invaluable strategic guidance to the CEO, senior leaders and to the Board. You'll play a pivotal role in shaping day-to-day operations, making astute business decisions, and actively contributing to strategic planning.
You will lead in managing financial and insurance risk, developing business plans, exceeding customer expectations, setting competitive prices, and conducting precise actuarial valuations based on both US GAAP and NZ IFRS financial reporting standards.
As an active member of the Senior Leadership Team, your role will be pivotal in providing clear direction, fostering a safe and supportive environment, and motivating staff.

You’ll take ownership for

Management of the actuarial functions, ensuring they are aligned with the overall business strategy.
Delivering the actuarial statutory obligations of Insurance (Prudential Supervision) Act 2010 (IPSA).
Determining actuarial assumptions used for pricing and valuations.
Provision of actuarial and business analysis support across our business.
Supporting the annual business and capital plan processes of Chubb Life.
Determining, interpreting and providing recommendations on how to best manage financial and other business risks within the organisation.
Management and guidance of the financial condition of Chubb Life, providing information and reporting as necessary.
Overseeing and managing pricing, financial modelling, and strategies across our product portfolio.

In addition, you’ll serve as a permanent attendee at all Audit Committee, Risk Committee and Board meetings.

Required Skills & Experience

Be a fellow of the NZ Society of Actuaries and hold an internationally recognised actuarial qualification.
10+ years’ actuarial experience in a large life insurance organisation, preferably with management experience.
Extensive experience with pricing, product development, and valuation.
With complex financial modelling, with extensive knowledge of advanced mathematics, statistics, and financial theory.
Managing and influencing a large and culturally diverse group.
Working within a large, matrixed organisation structure.

You must Hold New Zealand Residency to apply for this position.

Location:
Wellington or Auckland

Benefits on offer when you join Chubb Life NZ

Bonus + Stock Purchase options
Flexible working
Group Life and Healthcare Insurance
Additional annual leave

Why you’ll love working for Chubb Life
Chubb Life is the international life insurance division of Chubb, the world's largest publicly traded multiline insurer. Chubb Life operates in 31 markets within Asia Pacific, Latin America, Europe and the Middle East.
At Chubb Life Insurance New Zealand, we're committed to providing high quality insurance products and services that help protect New Zealanders. Our people-centered culture is one of our greatest strengths, and we're constantly striving to improve our processes and services to meet our customers' needs.
Chubb Life is committed to equal employment and celebrates individual differences by creating a workplace environment in which everyone feels welcomed, respected, and valued; where we wear our Rainbow Tick with pride.

Deadline – 11:59pm 22 September
Applications are reviewed as they are received, and as such, the role may close prior to the deadline date.