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WELLINGTON, November 13, 2024 – Chubb Life New Zealand (Chubb Life NZ) has announced Tiffany Koh as the recipient of its 2024 Actuarial Scholarship.

Having a passion for maths and statistics from a young age, the complex world of actuarial science has long been on the cards for Tiffany. Growing up in Jakarta, Indonesia, Tiffany moved to Malaysia to attend college before landing in New Zealand a year later. She is currently completing a double-major degree in Finance and Actuarial Science at Victoria University of Wellington, the only university in the country that offers actuarial science.

“I’ve always loved how dependable data is. As a kid I would often imagine different scenarios and then use past data to predict what would most likely happen. So becoming an actuary feels like a natural fit for me,” said Tiffany. “I’m so excited to receive this award and to have the opportunity to work in such a highly regarded organisation alongside experienced actuaries.”

The scholarship provides Tiffany with three months’ hands-on experience in the Chubb Life actuarial team and a NZD5,000 cash prize.

Michael Bartram, Chubb Life’s Chief Actuary, is delighted to award Tiffany the scholarship, which was established in 2015, coinciding with the launch of Victoria University of Wellington’s actuarial science programme.

“Tiffany has demonstrated an incredible passion for the actuarial field for someone of her age. She already has a strong desire to become an actuary with her extensive involvement in the Victoria Actuarial Society. We were impressed by her preparation for this scholarship on top of her study,” said Michael.

“The Chubb Life Actuarial Scholarship is one of the ways we hope to support and encourage new talent in what is a less understood and key role in the insurance industry. It’s great for students to have this opportunity to learn first-hand how a life insurance company works, the role actuaries play and establish the all-important connections for their future careers.”

Tiffany is the ninth recipient of the scholarship which has provided students a strong start in their actuarial careers. She begins her internship on 28 November 2024.

About Chubb

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. The company is 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 employs approximately 40,000 people worldwide. Additional information can be found at: www.chubb.com.

About Chubb Life New Zealand

Chubb Life Insurance New Zealand Limited ("Chubb Life NZ") is one of the country’s leading providers of life insurance. We're committed to being there for our customers when they need us most. We offer our life, income protection, critical illness and business insurance products through Independent Financial Advisers, our distribution partners, as well as best-practice direct marketing. Chubb Life has an A (Excellent) financial strength rating which was given by A.M. Best Company Inc. Visit chubblife.co.nz/financial-strength for the rating scale and more information. The rating scale is also available for inspection at our offices.