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Chubb

Chubb

Global property & casualty insurer

AI Engineer

Full-Time
No salary listed
Junior, Mid, Senior
Toronto, ON, Canada
In Person

About the job

Requirements
  • 2 - 5 years’ experience in AI Engineering and/or Machine Learning (ML) with a focus on LLMs, with deep expertise in writing, and reviewing production code in Python
  • Understanding the development lifecycle for LLMs—developing data sets for pre-training, instruction tuning, and preference alignment alongside the modelling techniques for each stage and LLM deployment is as MAJOR plus
  • Strong knowledge of LLM frameworks and libraries (such as transformers, trl, deepspeed, PyTorch), and exposure to various ML techniques and their practical implementation in production at large scale
  • Experience building and deploying solutions on cloud platforms (AWS, Azure, or GCP)
  • Experience on distributed, high throughput and low latency architectures
  • Strong fundamentals in NLP techniques for text representation, semantic extraction techniques, data structures and modeling
  • Experience building software on top of major container technology (Kubernetes, Docker etc.)
  • Knowledge of version control using Jenkins, GitHub Actions, GitLab CI, Jenkins, or Azure DevOps
  • Solid understanding of data engineering concepts and working with large-scale datasets
  • Experience implementing ML Ops practices and production-grade AI systems
  • Familiarity with data privacy, model governance, and responsible AI principles
Responsibilities
  • Lead the architecture, design, and development of AI/ML solutions at a global level to support finance and controllership processes (e.g., close, reconciliation, reporting, anomaly detection etc)
  • Build scalable, reusable core AI capabilities that can be leveraged across multiple finance use cases and geographies
  • Translate business requirements into robust technical solutions, ensuring alignment with enterprise architecture and data strategy
  • Collaborate with Finance, IT, Data & Analytics, Legal, Compliance, Security, Enterprise Architecture and Risk teams to design and implement compliant-by-design AI solutions
  • Ensure adherence to regulatory requirements, data privacy laws, and internal governance frameworks
  • Develop and deploy models using modern AI/ML frameworks; ensure model performance, monitoring, and lifecycle management
  • Identify opportunities to automate and optimize finance processes using AI (e.g., intelligent automation, NLP, predictive analytics)
  • Provide technical leadership and mentorship to junior engineers and cross-functional teams
  • Ensure high quality code that meets business objectives, quality standards and development guidelines
  • Building reusable pipelines, processes, and tools to streamline LLM and generative AI workflows while driving adoption of MLOps best practices, including CI/CD pipelines, versioning, testing, and model governance
  • Manage project stakeholder expectations and issue communications on progress
  • React to shifting priorities without compromising deadlines and momentum
  • Stay current with emerging AI technologies and assess their applicability within finance and risk-controlled environments
Desired Qualifications
  • Experience and Knowledge of Finance Domain: Understanding of finance concepts, workflows, or platforms is a strong asset for this role along with Knowledge of financial processes such as close, consolidation, reporting, and audit
  • Exposure to regulatory and compliance frameworks (e.g., SOX, GDPR, model risk management)
  • Experience with ERP systems (e.g., SAP, Oracle) and finance data ecosystems
  • Experience defining system architecture and exploring technical feasibility tradeoffs is a plus
  • Strong understanding of AI risk, explainability, and auditability
  • Familiarity with end-to-end application development using full stack is a plus
  • Experience in P and C insurance is a plus

About the company

Chubb is the world’s largest publicly traded property and casualty insurer, offering a wide range of insurance products across 54 countries, including commercial and personal P&C, personal accident and supplemental health, reinsurance, and life insurance. It underwrites by assessing, pricing, and managing risk, and it pays claims fairly and promptly under policy terms. Its scale, broad product lines, global reach, and strong financial strength help it serve diverse clients and handle large or long-tail risks with confidence. Its goal is to help people and businesses manage risk through clear policy terms, reliable protection, and steady financial resilience.

Company Size

10,001+

Company Stage

IPO

Headquarters

Zurich, Switzerland

Founded

1985

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Simplify's Take

What believers are saying

  • Q2 2026 combined ratio improved to 83.8%, and core EPS rose 18.2%.
  • Management authorized a $7.5 billion buyback effective July 1, signaling confidence.
  • Masterpiece launched in Spain and Portugal on July 2, 2026, targeting affluent clients.

What critics are saying

  • Soft property pricing spread into casualty by July 22, 2026, squeezing margins.
  • Chubb faces 1970 Group, Sabri, and As You Sow lawsuits in 2026.
  • If catastrophe losses rise while pricing stays soft, underwriting returns deteriorate quickly.

What makes Chubb unique

  • Chubb's 54-country footprint and disciplined underwriting separate it from regional carriers.
  • Acturis PI distribution, launched August 4, 2026, widens UK broker access.
  • Vaultik partnership adds AI watch-and-jewellery insurance underwriting inside one digital workflow.

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Benefits

Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

10%

1 year growth

10%

2 year growth

10%
Associated Press
Aug 19th, 2026
Vaultik partners with Chubb to offer AI-powered watch and jewellery authentication, valuation and insurance

Vaultik has partnered with Chubb to streamline the process of authenticating, valuing, and insuring watches and jewellery. Through Vaultik's platform, owners can photograph their items and receive AI-powered authentication and valuation results, reviewed by experts at Birmingham Assay Office. Eligible customers can then request insurance quotes from Chubb and purchase coverage digitally within the same application. The collaboration addresses a traditionally fragmented process that typically requires separate appointments for appraisal and insurance. The service is available through Vaultik's Collect App and can be offered by retailers, jewellers, and marketplace sellers. Vaultik currently partners with WhatNot and eBay Live. Vaultik's KYP protocol generates authentication and valuation outputs from photographs, whilst Birmingham Assay Office provides specialist review. Chubb underwrites the insurance coverage for eligible items.

Yahoo Finance
Aug 1st, 2026
Chubb edges 4% below fair value after Q2 2026 earnings despite 33% annual return

Chubb reported second quarter 2026 results with net income of $2.854 billion and earnings per share in line with the prior year. The insurer's shares fell 2.52% over seven days but delivered a 13.1% year-to-date return and 32.82% total shareholder return over 12 months. Analysts value Chubb at approximately $365.87 per share, suggesting the stock is roughly 4% undervalued at its recent close of $350.68. The company authorised a new $5 billion share buyback programme alongside growing dividends. Growth drivers include specialised insurance demand in cyber security and high-net-worth personal lines, supported by digitalisation and climate-related risks. However, the stock trades at a price-to-earnings ratio of 12.1x, above the 11.7x US insurance industry average, leaving limited room for error if growth expectations weaken.

Yahoo Finance
Jul 21st, 2026
Chubb reports Q2 net income of $7.30 per share and core operating income of $7.26, up 18.2%

Chubb Limited reported second quarter net income of $2.85 billion, or $7.30 per share, with core operating income of $2.84 billion, or $7.26 per share, up 18.2% year-over-year. Consolidated net premiums written reached $14.7 billion, up 3.6%. The property and casualty (P&C) segment posted net premiums written of $12.77 billion, up 3.0%. P&C underwriting income increased 18.8% to $1.94 billion, with a combined ratio of 83.8%. North America Personal and Agriculture both grew 6.0%, whilst Overseas General climbed 10.2%. Life insurance net premiums written rose 7.5% to $1.94 billion, with segment income up 9.0%. Pre-tax net investment income reached a record $1.76 billion, up 12.3%. Annualised return on equity stood at 15.3%, with core operating return on tangible equity at 21.2%.

PR Newswire
Jul 21st, 2026
Chubb reports Q2 net income of $7.30 per share and core operating income of $7.26, up 18.2%

Chubb Limited reported second quarter net income of $2.85 billion, or $7.30 per share, with core operating income of $2.84 billion, or $7.26 per share, up 18.2% year-over-year. Consolidated net premiums written reached $14.7 billion, up 3.6%, with property and casualty insurance rising 3.0% and life insurance up 7.5%. The P&C combined ratio stood at 83.8%, whilst underwriting income increased 18.8% to $1.94 billion. Pre-tax net investment income hit a record $1.88 billion, up 11.4%. The company's tangible book value per share increased 17.1% from the prior year to $131.93. North America commercial P&C declined 2.3%, primarily due to underwriting actions on property. However, overseas general insurance grew 10.2%, with particularly strong growth in Latin America, up 15.6%. Chubb returned $1.37 billion to shareholders through share repurchases and dividends during the quarter.

Yahoo Finance
Jul 2nd, 2026
Chubb targets middle-market growth and $1.83B-$1.85B Q2 investment income amid pricing pressure

Chubb will report second-quarter 2026 results on 21 July, with its earnings call scheduled for 22 July. The insurer has issued guidance for adjusted net investment income of US$1.83 billion to US$1.85 billion for the quarter. Analysts are focusing on Chubb's expansion into middle-market business and new distribution agreements. The company's investment narrative centres on disciplined underwriting and capital returns, though pricing softness in large account property and elevated catastrophe costs remain key concerns. Chubb's revenue projections suggest US$50.1 billion by 2029, assuming a 6.4% annual decline, with earnings forecast at US$10.9 billion. Simply Wall St Community members value the company between US$345 and US$662 per share, reflecting divergent views on its prospects amid ongoing margin pressures.