Actuary

About the Role

Zihur North America is currently looking for an Actuary based out of our North American Headquarters in Schaumburg, Illinois or any US office. The role supports Zurich’s Liability line of business and is part of the Underwriting organization. The General Liability Pricing team delivers liability product pricing that represents over two billion dollars of premium annually for Zurich North America and works closely with other Actuarial teams, product management and underwriting teams to support the company’s financial objectives.

• Detailed pricing analysis support including development of rates, rating plans, and portfolio management strategies.
• Provide input and guidance to actuarial, statistical, and IT functions to support current and future pricing tools across multiple platforms.
• Lead support for pricing tools and related monitoring, including working knowledge of underlying predictive models.
• Build new or adhere to existing governance and monitoring frameworks.
• 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.

• Zurich Certified Insurance Apprentice, including Associate’s Degree OR
• Bachelor’s Degree in Mathematics/Statistics or Actuarial Sciences 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

• Experience in multiple functional areas including pricing, reserving, and capital management.
• 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 in the business analysis area and providing explanation and inputs to IT.
• Familiarity with statistical and predictive modeling techniques including but not limited to decision trees, clustering, and GLMs.
• 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.

Your pay at Zurich is based on your role, location, skills, and experience. The proposed salary range for this position is $ - $, with short‑term incentive bonus eligibility set at 15%. We offer competitive pay and comprehensive benefits for employees and their families. Learn more about Total Rewards here.

Location(s): AM - Schaumburg, AM - Chicago, AM - New York.
Remote Working:
Hybrid.

Schedule:

Full Time.
Employment Sponsorship Offered:
No.

Zurich in 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 does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.