VP, Model Monitoring & Performance
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Chubb
Philadelphia, PA, US
Summary
Lead the design and implementation of a production-grade model monitoring framework across all commercial rating lines. Direct the commercial data strategy to create a single source of truth and translate performance insights into actionable business recommendations.
Job Description
*The ideal candidate will sit in one of the listed locations. However, remote arrangements will be considered.
*The title and career band/level for this position are flexible based on the candidate’s experience.
About the Role
As our rating capabilities continue to expand across lines, we are investing in enhancing the next layer: a production-grade capability to measure model performance and feed those insights back into how we build, refine, and deploy them.
The VP, Model Monitoring & Performance will lead this function. This leader will monitor model performance monitoring across all commercial lines, direct the building of the commercial data foundation that enables it, and translate performance insights into action.
This is a builder role spanning BOP, Commercial Property, General Liability, Workers Compensation, and Commercial Auto, with goals to expand more broadly in the future. The opportunity is to establish best-in-class monitoring capabilities and single source of truth that supports the next phase of our rating strategy.
What You Will Own
Model Performance Monitoring
- Design and stand up a production-grade monitoring framework across all deployed commercial rating models
- Define the metrics that matter: charge-to-model, actuarial adequacy by segment, loss ratio performance, model drift, lift validation, and segmentation effectiveness
- Translate monitoring outputs into actionable recommendations for model refinement, filing strategy, and underwriting guidance
- Establish cadences, thresholds, and escalation paths that drive decisions, not just reports
Commercial Data Strategy & Enablement
- Set direction for the commercial data foundation: policy attributes, charged premium, rerate tables, loss experience, and exposure data
- Direct multiple in-flight workstreams; align them around a coherent architecture and roadmap
- Partner with Actuarial data transformation initiatives. Drive toward a single source of truth for commercial rating data, unlocking access for the broader rating sophistication team and downstream enterprise dashboarding
Actionable Insight & Influence
- Convert performance data into clear, executive-ready narratives that inform decisions on rate, segmentation, and model investment
- Serve as the trusted voice on model performance for the Chief Actuary and the broader business leadership team
- Build feedback loops so that monitoring insights systematically improve future model development and filings
Operating Model & Cross-Functional Partnership
- Partner closely with Data & Analytics teams to establish a clear operating model, proactively collaborating with the business while complementing, enterprise data capabilities
- Lead a squad of data analysts, actuaries, and data engineers, directly and via dotted-line relationships, growing the team as the function matures
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.
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。
Company size
1,001-5,000 employees
Industry
Fire Safety and Security Solutions
Org type
Privately Held
Headquarters
Hong Kong, Hong Kong
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。
Company size
1,001-5,000 employees
Industry
Fire Safety and Security Solutions
Org type
Privately Held
Headquarters
Hong Kong, Hong Kong