Actuarial Analyst

Zurich North America is currently looking for an Actuarial Analyst to join our Middle Markets and E&S Reserving team. This role will be based out of one of our main offices (Schaumburg Headquarters, Chicago, New York City, or Toronto). We offer the flexibility to work both in the office and remotely (hybrid schedule). You will collaborate with your manager to set a schedule that supports you and the team.

Acts in an actuarial capacity while in pursuit of an actuarial qualification, performing duties which are of a mathematical and/ or financial nature, in order to provide highly accurate data and analyses for use by Actuaries in the evaluation of reserves, financial reporting or the pricing of business.

Key Accountabilities:

• Calculates actuarial best estimate reserves (loss and premium), planning, and profitability analyses for defined segments of insurance business.
• Performs research, loss emergence studies, and other statistical analyses.
• Ensures that the claims provisioning processes for assigned tasks are appropriately governed in accordance with Group, Regional, and Local regulatory policies.
• Performs research, experience studies and other statistical analysis.
• Performs experience investigations and data validation.
Pass Applicable Actuarial Exams, as required

Basic Qualifications:

• Zurich Certified Insurance Apprentice, including Associate Degree and 2 or more years technical/insurance experience
  OR
• Bachelors Degree with 3.0 cumulative GPA and No prior experience required in the Actuarial area
  AND
• Successful completion of one or more actuarial exams

At Zurich, compensation for roles is influenced by a variety of factors, including but not limited to the specific office location, role, skill set, and level of experience. In compliance with local laws, Zurich commits to providing a fair and reasonable compensation range for each role. For more information about our Total Rewards, please click here. Additional rewards may encompass short-term incentive bonuses and merit increases. We encourage candidates with salary expectations beyond the provided range to apply as they will be considered based on their experience, skills, and education. The compensation indicated represents a nationwide market range and has not been adjusted for geographic differentials pertaining to the location where the position may be filled. The proposed salary range for this position is $58,700.00 - $96,200.00, with short-term incentive bonus eligibility set at 10%.

As an insurance company, Zurich is subject to 18 U.S. Code § 1033.

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.

Zurich in North America is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

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 - Chicago, AM - New York, CA - Toronto - 100 King
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No

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