[Skip to main content](#main-content) [ OpenNash ](https://opennash.com/) / [Jobs](https://jobs.opennash.com/) [ 01 Search jobs](https://jobs.opennash.com/search/)[ 02 Companies](https://jobs.opennash.com/explore/)[ 03 Hiring report](https://jobs.opennash.com/reports/hiring/)[ 04 AI assistants](https://jobs.opennash.com/connect/)[ 05 How it works](https://jobs.opennash.com/methodology/) Chubb · London, United Kingdom # Risk & Capital Actuary London, United Kingdom Full-time Executive & Management Last seen on Chubb’s official careers site on October 27, 2026; it may have closed since. [Apply on Chubb’s careers site →](https://fa-ewgu-saasfaprod1.fa.ocs.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_2001/job/37268) [OpenNash Jobs](https://jobs.opennash.com/) / [Chubb](https://jobs.opennash.com/companies/chubb/) / Risk & Capital Actuary ## Job description ### Description This role will have responsibilities across both Capital Modelling and Risk Management. Within Capital Modelling, this role will have responsibilities for the operation, development and use of the capital model within Chubb in Europe. This role will need to take responsibility for the day to day running of the internal model, including quarterly data updates, model changes, model output information and documentation of results. The potential for model use is being actively explored and the individual taking this role will be expected to creatively explore this aspect. The strategic insights that can be obtained from work done by the capital team are highly valued across the organisation. This makes the role high profile with access to the most senior levels of management within Chubb, both in Europe and across the wider group. It requires a highly creative individual who is self-motivated to find ways to add value to the organisation. In addition, this role will also have responsibilities within Chubb Europe’s ERM team, and will promote the embedding of the Risk Management Framework (RMF) across Chubb Europe by enhancing risk management activities towards the achievement of Chubb’s regional corporate objectives. The role will support the stress and scenario framework, emerging risk analysis, drive risk quantification innovations, use the Capital Model in enterprise risk analysis, and support production of the ORSA. The role holder will be involved in a range of tasks including, but not limited to, performing technical deep-dive reviews, drafting relevant reports, and providing inputs to various Committees to facilitate risk-based decision making. The role sits within the Risk Function, which gives it access to all areas of the organisation. Unusually for an actuarial role, there is equal focus on both sides of the balance sheet and the successful applicant will have exposure to investment, claims, underwriting and all other types of risk. ### Key Responsibilities Operation of the model: understand the technical working of the capital model, co-ordinate with other departments to ensure the calibration of the model is done with accuracy, completeness and appropriateness. Run and extract results from the model, ensure output provided from the model is accurate, complete and appropriate, provide quantitative and qualitative reporting. Support EMEA model validation efforts including the provision of required inputs to the Global Model Validation Unit in respect of validation activities. Understand the model limitations and work within the change process to address limitations, operate the model change process, and identify future areas for study. Respond to use requests, identify, adapt, and develop areas for future use, strategic decision making, and risk monitoring. ### Risk Management use Performance of technical/actuarial deep-dive reviews, drafting relevant reports, as well as ongoing reporting and monitoring thereof. Lead the related risk/actuarial analysis in respect of insurance/underwriting exposures, reserving and financial (credit & market) risks as may be required Development and performance of the company's stress and scenario framework analysis, review, and documentation of stress and scenario analysis and demonstrating linkage to the emerging risk process. Support the emerging risk process. Optimise the existing ERM processes, enhance existing risk reporting toolkits and continue the development of an integrated risk reporting dashboard which combines capital, profitability, liquidity, franchise value and how these react under different macro-economic environments. Work with off-site team in Chubb Business Services India to ensure maximum efficiency of resources. ## Qualifications ### Qualifications Previous London Market experience an advantage - Knowledge of Capital/Risk processes (in relation to Solvency II or other equivalent regimes) Capital Modelling experience, with use of Igloo modelling software an advantage Reinsurance, reserving or pricing process knowledge an advantage An understanding of both non-life and life insurance products and services - Ability to collate and review quantitative data and carry out quantitative analysis, including risk management information and capital model outputs - Strong analytical skills, advanced working knowledge of Excel and good working knowledge of other MS Office applications - Ability to understand risks, issues and impacts and manage these across a diverse series of products and locations concurrently - Manages own performance and utilises the Chubb Competence - Model to develop skills, abilities and behaviours that support outstanding performance and meet professional/regulatory expectations Complies with the Chubb Europe fit and proper policy, maintain own professional skills with CPD and be a role model for all staff We offer in return! Competitive salary & pension scheme, discretionary bonus scheme, 25 days annual leave plus ability to purchase 5 additional days, hybrid working options, Private Medical cover, Employee Share Purchase Plan, Life Assurance, Subsidised gym membership, Comprehensive Learning & development offerings, Employee Assistance program. Integrity. client focus. respect. excellence. teamwork Our core values dictate how we live and work. We’re an ethical and honest company that’s wholly committed to its clients. A business that’s engaged in mutual trust and respect for its employees and partners. A place where colleagues perform at the highest levels. And a working environment that’s collaborative and supportive. Diversity & Inclusion. At Chubb, we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances. We are committed to ensuring our recruitment process is inclusive and accessible to all. If you have a disability or long-term condition (for example dyslexia, anxiety, autism, a mobility condition or hearing loss) and need us to make any reasonable adjustments, changes or do anything differently during the recruitment process, please let us know. ## At a glance - Posted by the employer: Oct 22, 2026 - First seen by OpenNash: Oct 27, 2026 - Last checked: Oct 27, 2026 - Listed for: 5 days - Location: London, United Kingdom - Employment type: Full-time[Apply on Chubb’s careers site →](https://fa-ewgu-saasfaprod1.fa.ocs.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_2001/job/37268) ## Hiring at Chubb - Open jobs: 1,115 - New in the last 7 days: After two weekly collections - Tracked since: Oct 13, 2026 [All Chubb jobs](https://jobs.opennash.com/companies/chubb/) · [Weekly hiring report](/reports/hiring/) ## More jobs at Chubb ### [SVP, Head of Property & Casualty Pricing - COG](https://jobs.opennash.com/companies/chubb/jobs/4289e28647203548e076/) London, United Kingdom ### [Senior Claims Adjuster - Financial Lines](https://jobs.opennash.com/companies/chubb/jobs/d4306ff471ad70e9db33/) London, United Kingdom ### [Senior Environmental Underwriter](https://jobs.opennash.com/companies/chubb/jobs/f84dd75f0917f26e2ec7/) London, United Kingdom ### [Senior Internal Auditor (FTC - 12 Month)](https://jobs.opennash.com/companies/chubb/jobs/1649c3b5a4cb8a211824/) London, United Kingdom ### [Senior Pricing Actuary, Casualty](https://jobs.opennash.com/companies/chubb/jobs/8ecdd2d6cc25c632a217/) London, United Kingdom ## Similar jobs at other companies ### [Capital Modelling Actuary](https://jobs.opennash.com/companies/sompo/jobs/5d9e4bb34fb0b5e605cb/) Sompo · London, United Kingdom ### [Human Capital Consulting - Retirement Consulting - Actuary (Certified) - Management 3](https://jobs.opennash.com/companies/aon/jobs/27a5b6cc898b3adf5546/) Aon · NOIDA, India ### [Capital Reporting Actuary 12 Month Fixed Term Contract In London Jid 9313](https://jobs.opennash.com/companies/legal-general-group/jobs/e3c383a46b261ec8daf1/) Legal & General Group ### [Senior Risk Actuary](https://jobs.opennash.com/companies/sompo/jobs/ef3def26d0addf7bb481/) Sompo · London, United Kingdom ### [Senior Actuary](https://jobs.opennash.com/companies/gallagher/jobs/46df5cf450490254af98/) Gallagher · London, United Kingdom [Executive & Management jobs](/functions/executive-management/) OpenNash lists jobs from employers’ own careers sites and does not handle applications. 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