AVP & Actuary, Workers Compensation Pricing

Join to apply for the AVP & Actuary, Workers Compensation Pricing role at Zurich North America
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We prefer this position to be based in our Schaumburg, IL office, with consideration for other Zurich North America locations. Approximately 5% travel will be required.

• Assist the Workers Compensation Line of Business Pricing Team across scheduled, business‑as‑usual, and ad‑hoc projects.
• Deliver pricing analysis support, including development of rates, rating plans, and portfolio management strategies.
• Analyze key pricing parameters such as 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.
• Maintain support for and acquire in‑depth knowledge of pricing tools and related monitoring, including working knowledge of predictive models.
• Support “Virtuous Circle” meetings across the organization where appropriate.
• Provide rate filing support, including formal indications and evaluation of pricing levels where appropriate.
• Establish and maintain excellent communication and collaboration within and between teams.

• Zurich Certified Insurance Apprentice, including Associate's Degree OR
• Bachelor's Degree AND
• 8 or more years of experience in the actuarial area plus FCAS or equivalent international certification OR
• 13 or more years of experience in the actuarial area plus ACAS or equivalent international certification

• Experience in multiple functional areas including pricing, reserving, and capital management.
• Prior commercial lines pricing experience with an emphasis on workers' compensation.
• Proficiency in pricing studies: rate indications, trend studies, parameter analysis.
• Proficiency with pricing tools, including development, deployment, and post‑implementation monitoring.
• Familiarity with computer science, statistics, or mathematics and experience transforming data for business analysis and providing explanation and inputs to IT.
• Familiarity with statistical and predictive modeling techniques.
• Experience with Databricks, Python, R, and/or SQL.
• Excellent verbal and written communication skills, particularly possessing the ability to share technical results and recommendations to audiences at varying levels of analytic understanding.
• Experience collaborating on cross‑functional team projects.
• Experience mentoring colleagues or peers.
• Experience managing multiple work streams.

The proposed salary range for this position is $149,500 to $244,900, with short‑term incentive bonus eligibility set at 20%.

We may also offer bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply.

We offer competitive pay and comprehensive benefits for employees and their families.

Schaumburg, IL (Hybrid – Remote Working).

Director

Full‑Time

No

Zurich North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy, or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets. Zurich complies with 18 U.S. Code.