Analyst II - CAT Modellingnew

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. Additional information can be found at: www.chubb.com.

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 are proud to share that we have been officially certified as a Great Place to Work® for the third consecutive year, a reflection of the culture at Chubb where we believe in fostering an environment where everyone can thrive, innovate, and grow.

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, empowering our teams to excel in a dynamic digital landscape.

We offer an environment where you will be part of an organization that is dedicated to solving real-world challenges in the insurance industry. Together, we will work to shape the future through innovation and continuous learning.

Position Details:

• Function/Department: CAT Modelling
• Location: Hyderabad, India
• Employment Type: Full-time
• Role Overview – Analyst 

 

Responsibilities

• Quickly learn and master all the models pertaining to the countries covered
• Performs all the responsibilities of the Associate at a higher level (number of locations, type of data).
• Shows high competency in understanding and applying more complex financial terms.
• Reviews consolidated information to ensure codes, criteria and financial terms are accurate.
• Provides results in the expected format for underwriters.
• Reviews results at a higher level of detail than Associates.
• 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. 
• Models accounts independently and performs review of all nature of accounts.
• 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

• 2-4 years’ experience in Insurance/ Risk Management and Statistics and Data Analysis preferred.

• Graduate / Post Graduate in Actuarial science/ Statistics/ Mathematics / Economics/Engineering etc.

• Expertise in CAT Modeling using AIR Touchstone and RMS Risk Link models 

• 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 Business Services India?

Here are some reasons to join us:

• You will be joining a group of diverse and driven professionals trained to succeed in today’s insurance landscape.

• We provide the opportunity to cultivate a robust career; we accommodate your growth and development even as we expect you to make meaningful contributions to our company.

• We offer competitive compensation and benefit programs. We pride ourselves in being a meritocracy that rewards the best talent.

• We seek to create an inclusive environment where employees of different cultures and backgrounds can thrive.

 

Our company and culture

Chubb Business Services India focuses on building strong capability in the areas related to technology, CAT modeling, risk management, actuarial services and advanced analytics. The culture we would like to establish would align with the core principles of the organization as outlined below with the desire to transform and grow together.   

Our culture reflects a commitment to craftsmanship and as craftspeople, we adhere to certain ideals:

• A Can-Do Attitude – we are optimistic about our future and we have an enthusiasm to serve our customers and business partners with utmost speed and energy. We approach our work with passion – people want to live their lives with meaning. We have a shared vision to build something great – to serve society and leave the world a little better place because we’ve been here.

• Excellence in All We Do – we hold ourselves to exacting standards of technical proficiency. Customers can count on us to pay claims fairly and quickly. Agents and brokers can rely on us for attention to detail and help them build their businesses

• Constant Improvement – we are a learning organization. We are constantly searching for ways to improve our craft. We relentlessly pursue data-driven insights to drive better, smarter decision-making – our portfolio management efforts, for example.

• Global Reach and Local Expertise – we apply our craft locally all around the world. We appreciate differences in culture, history and geography. And this enables us to adapt accordingly to best serve diverse customers, markets and distribution.

  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. We constantly seek new and innovative ways to excel at work and deliver outstanding results
• Start-Up Culture: Embracing the spirit of a start-up, our focus on speed and agility enables us to respond swiftly to market requirements, while a culture of ownership empowers employees to drive results that matter
• Growth and success: As we continue to grow, we are steadfast in our commitment to provide our employees with the best work experience, enabling them to advance their careers in a conducive environment
• 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, while fostering a supportive and inclusive work environment. Our benefits include:
• Savings and Investment plans: We provide specialized benefits like Corporate NPS (National Pension Scheme), Employee Stock Purchase Plan (ESPP), Long-Term Incentive Plan (LTIP), Retiral Benefits and Car Lease that help employees optimally plan their finances
• Upskilling and career growth opportunities: With a focus on continuous learning, we offer customized programs that support upskilling like Education Reimbursement Programs, Certification programs and access to global learning programs.
• Health and Welfare Benefits: We care about our employees’ well-being in and out of work and have benefits like Hybrid Work Environment, Employee Assistance Program (EAP), Yearly Free Health campaigns and comprehensive Insurance benefits.
• With you Chubb is better. Whether you are solving challenges on a global stage or creating innovative solutions for local markets, your contributions will help shape the future. If you value integrity, innovation, and inclusion, and are ready to make a difference, we invite you to be part of Chubb India’s journey.

 

• Apply Now: Chubb India Career page

 

• Join Us