Full-Time
Technical Lead
Mainframe
Chubb
10,001+ employees
Global property & casualty insurer
No salary listed
Bengaluru, Karnataka, India
Hybrid
 IT & Security (2) |
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- 10-14 years of experience in mainframe application support (DB2, COBOL, JCL, CICS, VSAM)
- Core Languages & Systems: Advanced proficiency in COBOL, JCL, DB2, CICS, and VSAM.
- Tools & Utilities: Expert skills in debugging and troubleshooting tools such as FileAid, Xpeditor, Abend-Aid
- Production Control: Experience with batch scheduling tools
- Change Management: Proficiency in software configuration tools (service now)
- Data & Database: Expert at writing complex SQL queries and navigating database tools like SPUFI
- Strong analytical and problem-solving skills
- Willingness to learn and adapt to new technologies, including AI tools
- Experience in insurance domain is a plus
- Mandatory Technical skills: COBOL, JCL, DB2, CICS & VSAM
- Good to have skills: Java, WebSphere, Azure, Automation, AI skills
- Billing Production Support Lead will help with monitoring assigned task performance, coach team members, and provide feedback to developers and onshore peers.
- Quality Control: assist in identifying defects and resolve, ensure adherence to quality standards.
- Problem solving: Act as the first point of escalation for the offshore team and primary contact for business users. Assist with implementing solutions to these problems.
- Training and Development: Taking advantage of KT documentation to train new staff, cross-train existing team members and assist in supporting skill development.
- Process Improvement: Suggest and help implement improvements that increase efficiency and improve stability.
- Investigate root causes for recurring functional issues and propose preventive actions.
- Analyze business process flows and identify gaps or improvement areas in mainframe applications.
- Maintain detailed incident logs, RCA (Root Cause Analysis) documents, and functional SOPs.
- Provide timely updates to users and stakeholders on incident status and resolution.
- Prepare and share regular reports on incident trends, SLA compliance, and functional health.
- Document functional issues, resolutions, and workarounds in the knowledge base.
- Participate in modernization initiatives and explore integration with new technologies and AI tools
- Java
- WebSphere
- Azure
- Automation
- AI skills
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
Simplify's Take
What believers are saying
- $20B government-backed maritime reinsurance deal captures geopolitical risk premium as Strait of Hormuz disrupts.
- Seshadri Iyer's April 2026 appointment accelerates digital transformation with 20-year BCG technology expertise.
- Asia and Latin America expansion targets high-growth emerging markets with double-digit EPS growth potential.
What critics are saying
- Hurricane season June–November 2026 could inflict $2–3B catastrophe losses, compressing combined ratios.
- China geopolitical escalation threatens $10–15B international premium base; sanctions risk asset write-downs.
- Strait of Hormuz reinsurance deal concentrates tail risk; Iran escalation triggers massive government-backed claims.
What makes Chubb unique
- World's largest publicly traded P&C insurer with $132.6B market cap and 54-country operations.
- Record 81.2% combined ratio in Q4 2025 demonstrates superior underwriting discipline and pricing power.
- Diversified revenue: Life Insurance premiums surged 33.1% in Q1 2026 to $2.29 billion.
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Benefits
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Company News
Chubb has announced an exclusive partnership with Safe Harbor Marinas, making it the preferred insurance provider for over 150 marinas, whilst appointing Ben McGregor and Alex Forman to senior leadership roles in its Overseas General commercial property and casualty operations. The Safe Harbor deal expands Chubb's recreational marine insurance distribution, whilst the leadership appointments aim to strengthen execution in international commercial lines. However, the insurer continues to face challenges from pricing pressure in large accounts, catastrophe costs and litigation expenses. Chubb's narrative projects $48.8 billion revenue and $11.8 billion earnings by 2029, requiring a 6.5% yearly revenue decline but a $1.5 billion earnings increase from current levels of $10.3 billion. Simply Wall St Community members estimate fair value between $290 and $668 per share.
Chubb CEO Evan Greenberg has released his annual 25-page shareholder letter, sharing observations on China, artificial intelligence and democracy alongside the company's record $10 billion in core operating income last year. On China, where Chubb is heavily invested, Greenberg praised the country's work ethic and innovation whilst distinguishing between its people and political system. Regarding AI, he expressed both optimism about its potential in medicine and science, and concern about humanity's readiness to wield such powerful technology. Greenberg also reflected on America's fragile democracy and his role as CEO. The letter, which takes three months and 15 drafts to complete, has built a following over his two decades leading the insurer, now valued at $126.5 billion.
Chubb has secured a $20 billion government-backed maritime reinsurance partnership with the International Development Finance Corporation to resume commercial shipping through the Strait of Hormuz. The world's largest publicly traded property and casualty insurer will lead the programme as conflict between the US, Israel and Iran has disrupted war risk insurance for vessels in the Gulf. The strait handles roughly 20% of global oil flows, making it critical infrastructure for energy markets. WTI crude has climbed from $57.97 per barrel in December 2025 to $64.51 in February 2026 amid the disruption. Chubb operates across 54 countries with a $170.7 billion investment portfolio and posted a record combined ratio of 81.2% in Q4 2025, positioning it to absorb catastrophic risk at scale.
Chubb Limited has appointed Seshadri Iyer as Executive Vice President for Operations, Technology and Digital Transformation, effective 6 April. He succeeds Julie Dillman, who is retiring after nearly a decade with the insurance company. Iyer joins from Boston Consulting Group, where he spent nearly 20 years, most recently serving as North America chair for BCG X, the firm's tech design and build unit. In his new role, he will oversee Chubb's global operations and technology whilst working with Chief Digital Business Officer Sean Ringsted to advance the company's digital transformation. Dillman, who joined Chubb in 2016, served as Digital Transformation Officer since 2022. CEO Evan Greenberg credited her with building the technology and operations organisation and laying a foundation for future evolution.
Chubb, the Zurich-based global insurer with a market capitalisation of $132.6 billion, is outperforming the financial sector. CB stock trades just 1.1% below its February high of $338.19, gaining 12.4% over three months whilst the Financial Select Sector SPDR ETF declined 1.3% in the same period. Over 52 weeks, Chubb shares have advanced 20.6% compared to the sector benchmark's 1.8% rise. The stock has maintained its position above both its 50-day and 200-day moving averages since November 2025. Chubb's fourth-quarter fiscal 2025 results showed net income rising 24.7% year-over-year to $3.2 billion, with adjusted earnings per share of $7.52 beating analyst estimates. Management projects first-quarter 2026 adjusted net investment income between $1.81 billion and $1.84 billion.