PRS Competitive Analytics Specialist

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.

The role of a Competitive Analytics Specialist is to provide analytical support to ensure the growth and profitability of the Chubb’s Personal Risk Services in assigned jurisdictions. Through in-depth and complex analyses, you will evaluate the performance of multiple lines of business, as well as identify emerging trends and/or opportunities. You will be responsible for creating and developing actionable reports and identifying pricing recommendations that improve products and Chubb’s performance.

Primary Job Responsibilities:

• Support the Regional Product Teams in developing state specific market analysis that facilitate growth while maintaining profitability and target market focus using leading-edge market analytics
• Using competitive and demographic data to prepare analysis, interpret data, and provide meaningful reports to business teams
• Supports and contributes in the implementation of auto and home strategies by incorporating external market information into analysis packets
• Conduct research and quantitative and qualitative analysis on existing and emerging insurance markets, products, and competitors
• Complete and maintain market research on competitors (including, but not limited to, pricing matrix, rate adequacy, loss trends, competitive landscape, regulation, etc…) in assigned states for home and auto and identify potential improvements to team deliverables
• Utilize strong oral and written communication skills to effectively convey reports and analysis results in an easily understandable manner
• Assist product pricing and audit teams with premium surveys, underwriting reviews and responding to Market Conduct criticisms as well as researching competitor approaches to regulations
• Exhibit organizational skills to effectively manage competing priorities
• Establish and grow effective working relationships with field Marketing & Underwriting, Actuarial, Product Management, Business Resource Group, Home Office Marketing, and Product Development
• Prepare information needed to review post implementation results for state rate reviews.
• Answer data-related inquires and provide data to internal customers as requested
• Communicate results of strategic & tactical decisions to senior management
• Independently manage moderately complex projects; understand business objectives as they relate to project goals