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Chubb
Philadelphia, Pennsylvania, United States
(on-site)
Posted
14 hours ago
Chubb
Philadelphia, Pennsylvania, United States
(on-site)
Job Type
Full-Time
VP, Model Monitoring & Performance
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
VP, Model Monitoring & Performance
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
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
Requisition #: 34640
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Job ID: 85171047

Chubb
Insurance
United States
For more than 125 years, the Chubb Group of Insurance Companies has been delivering exceptional property and casualty insurance products and services to businesses and individuals around the world.
Today, we are the 11th largest property and casualty insurer in the United States and have a worldwide network of some 120 offices in 28 countries staffed by 10,600 employees. The Chubb Corporation reported $50.6 billion in assets and $14.1 billion in revenues in 2007. According to Fortune magazine, Chubb is the 180th largest ...
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