Demo

AVP & Actuary

Zurich Insurance Group
Schaumburg, IL Full Time
POSTED ON 1/24/2025 CLOSED ON 2/21/2025

What are the responsibilities and job description for the AVP & Actuary position at Zurich Insurance Group?

Assistant Vice President & Actuary

At Zurich North America, we are seeking an experienced professional to join our Middle Market Pricing Team as an Assistant Vice President & Actuary. This is a hybrid role based at our North American Headquarters in Schaumburg, Illinois, but we will consider other locations for the ideal candidate.

In this critical role, you will provide pricing support and advice to relevant actuarial business partners, including insights into risks, underlying performance, and implications for the business. You will also assist in training less experienced personnel and work closely with Business Unit Leaders and Program Managers to identify opportunities for deep dive analyses that support Business Unit profitability and growth goals.

Your key responsibilities will include:
  • Providing actuarial analysis to assist Business Unit Leaders with setting and executing strategic direction through processes such as the Country Underwriting Plan.
  • Driving the design, testing, and maintenance of pricing models and tools.
  • Supporting pricing and strategic decision-making for assigned programs, including interacting with Program Managers and Program Administrator actuaries.
  • Developing detailed pricing analysis support, including the development of rates, rating plans/forms, reinsurance usage, and portfolio management strategies.
  • Providing guidance and mentoring within the USMM BU's actuarial and data analytics team.


We are looking for a highly skilled and experienced actuary with a strong background in multiple functional areas, including pricing, reserving, and capital management. You should have excellent verbal and written communication skills and be able to leverage various data sources to provide insights to the Business Unit on portfolio quality.

The successful candidate will have one of the following qualifications:
  • Zurich Certified Insurance Apprentice, including Associates Degree OR Bachelor's Degree AND 8 or more years of experience in the Actuarial area plus FCAS or equivalent international certification.
  • 13 or more years of experience in the Actuarial area plus ACAS or equivalent international certification.


We offer a competitive compensation package, including a salary range of $146,500 - $239,800, with short-term incentive bonus eligibility set at 20%. As an employee of Zurich, you will have access to a comprehensive benefits package and ongoing career development opportunities.

J

This role requires minimal supervision and involves working independently with minimal oversight. If you are a motivated and experienced actuary looking for a new challenge, please apply today.

Salary : $146,500 - $239,800

AVP & Actuary, Pricing (P&C)
CNA -
Chicago, IL
Actuary
Markel Service Inc. -
Chicago, IL
Actuary
Zurich Insurance Group -
Schaumburg, IL

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a AVP & Actuary?

Sign up to receive alerts about other jobs on the AVP & Actuary career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$75,278 - $94,197
Income Estimation: 
$86,566 - $107,585
Income Estimation: 
$86,566 - $107,585
Income Estimation: 
$109,171 - $137,211
Income Estimation: 
$109,171 - $137,211
Income Estimation: 
$137,078 - $174,198
Income Estimation: 
$137,078 - $174,198
Income Estimation: 
$159,180 - $202,370
This job has expired.
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Zurich Insurance Group

Zurich Insurance Group
Hired Organization Address Schaumburg, IL Full Time
Zurich North America is currently looking for a Senior Business Systems Analyst to join our Data Management team based o...
Zurich Insurance Group
Hired Organization Address Schaumburg, IL Full Time
Join Zurich North America as a Insurance Reserving and Pricing Professional and take on a challenging role in our Middle...
Zurich Insurance Group
Hired Organization Address Schaumburg, IL Full Time
Zurich North America is looking for an Assistant Actuary to join our growing Finance & Actuarial Advanced Analytics team...
Zurich Insurance Group
Hired Organization Address Schaumburg, IL Full Time
Zurich North America is currently looking for an Actuary to join our National Accounts Reserving team. Our preference is...

Not the job you're looking for? Here are some other AVP & Actuary jobs in the Schaumburg, IL area that may be a better fit.

AVP & Actuary or Actuary

Zurich Insurance Group, Schaumburg, IL

AVP & Actuary or Actuary

Zurich Insurance Company Ltd, Schaumburg, IL

AI Assistant is available now!

Feel free to start your new journey!