Chubb Promotes Scott Henck to Chief Actuary, Strengthening Global Actuarial Strategy

Zurich leadership move spotlights actuarial strategy

ZURICH — Chubb Limited announces the promotion of Scott Henck to Senior Vice President, Chubb Group and Chief Actuary, effective April 1, elevating him to lead the insurer’s global actuarial function. Henck, currently Executive Vice President and Chief Actuary, North America, is set to oversee reserving, pricing and capital performance measurement across the company and report directly to Chairman and Chief Executive Officer Evan G. Greenberg and Chief Financial Officer Peter Enns. The appointment is framed as a strategic consolidation of actuarial authority meant to strengthen enterprise-wide risk management and capital discipline.

The promotion places emphasis on analytic stewardship and modeling innovation as Chubb seeks to align pricing and capital deployment with underwriting objectives. Management highlights Henck’s technical expertise and collaborative leadership as central to preserving actuarial rigor while accelerating advances in model validation and pricing science. In his expanded role Henck will coordinate with business leaders and regulators to ensure actuarial governance supports profitable underwriting and compliance with regulatory capital frameworks across Chubb’s diverse product and geographic footprint.

Chubb presents the change as part of broader succession planning intended to retain institutional knowledge while enabling modernization of actuarial practices. The company stresses that the leadership realignment is designed to optimize capital efficiency and measurement, reinforcing a link between actuarial outputs and strategic growth initiatives without altering the company’s risk appetite.

Long-serving chief retires; deputy promotion announced

The move follows the retirement of Paul O’Connell, whom Chubb credits for four decades of contributions to property and casualty actuarial practices and for stewarding the firm’s technical capabilities. The company expresses appreciation for his judgment and professionalism as it transitions to a new generation of actuarial leadership.

Cynthia Bentley, now Senior Vice President and Head Actuary of North America Commercial Insurance, is promoted to Executive Vice President, North America Chief Actuary and will report to Henck and to Juan Luis Ortega, President, North America Insurance. Chubb says Bentley’s track record in commercial insurance and her operational experience underpin the internal succession that aims to preserve continuity across North American and global actuarial operations.