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:
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:
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.
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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.
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
Actuary
Zurich Insurance Group -
Schaumburg, IL
Actuary
Zurich North America -
Schaumburg, IL
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Markel Service Inc. -
Chicago, IL
