Zurich North America is currently looking for an Actuarial Consultant / Senior Actuarial Consultant to join our Property Pricing team based out of our North American Headquarters in Schaumburg, Illinois. While Schaumburg is the ideal location, we are open to the following areas: other offices including New York, NY; Owings Mills, MD; Overland Park, KS; Omaha, NE; and virtual.
As part of the Technical Underwriting Line of Business Pricing Team, this role is responsible for delivering the product pricing for Zurich North America, where Property represent over five billion dollars of premium annually. The Line of Business Pricing Team works closely with other Actuarial teams as well as Product Management and Market Facing Underwriting teams to support achievement of Zurich’s financial objectives.
In this role, you will be responsible for the following:

• Ensure quality of model price, rate change and loss cost trends
• Assist the Line of Business Pricing Team across numerous scheduled, business-as-usual, and ad-hoc projects
• Deliver pricing analysis support including the development of rates, rating plans, and portfolio management strategies
• Deliver analyses on several key pricing parameter updates including trend analysis, loss development factors, and expense assumptions.
• Work across actuarial, statistical, and IT functions to support current and future pricing tools across multiple platforms.
• Provide support for and acquire in-depth knowledge of pricing tools and related monitoring
• Where appropriate, support “Virtuous Circle” meetings across the organization
• Where appropriate, provide rate filing support including formal indications and evaluation of pricing levels
• Establish and maintain excellent communication and collaboration within as well as between teams.

This role will be filled at either the Actuarial Consultant or Senior Actuarial Consultant level. The hiring manager will determine the appropriate level based upon the selected applicant’s experience and skill set relative to the qualifications listed for this position
Basic Qualifications:
Sr. Actuarial Consultant:

• Zurich Certified Insurance Apprentice, including Associates Degree OR
• Bachelors Degree AND
• 5 or more years of experience in the Actuarial area plus FCAS or equivalent international certification OR
• 10 or more years of experience in the Actuarial area plus ACAS or equivalent international certification

OR
Actuarial Consultant:

• Bachelors Degree in Mathematics/Statistics or Actuarial Sciences and 5 or more years of experience in the Actuarial area AND
• ACAS or equivalent international certification

Preferred Qualifications:

• Experience in multiple functional areas (pricing, reserving, capital management) and knowledge/skills reflective of a senior practitioner
• Strong verbal and written communication skills

Compensation for roles at Zurich varies depending on a wide array of factors including but not limited to the specific office location, role, skill set, and level of experience. As required by local law, Zurich provides in good faith a reasonable range of compensation for roles. For additional information about our Total Rewards, Click here . Other rewards may include short term incentive bonuses and merit increases. Candidates with salary expectations outside of the range are encouraged to apply, and will be considered based on experience, skill, and education. The salary provided is a nationwide market range and has not been adjusted for the applicable geographic differential associated with the location where the position may be filled. The combined salary range for this position is $96,300.00 - $208,600.00. The starting salary range for the Actuarial Consultant is $96,300.00 - $ $157,700.00 and for the Sr. Actuarial Consultant is $127,400.00 - $208,600.00.
As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time ( https://www.zurichna.com/careers/faq ).
A future with Zurich. What can go right when you apply at Zurich?
Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500®. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please click here to learn more.
As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet
Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.
Location(s): AM - Schaumburg, AM - New York, AM - Omaha, AM - Overland Park, AM - Owings Mills
Remote Working: Yes
Schedule: Full Time
Employment Sponsorship Offered: No
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