AVP & Actuary, Workers Compensation Pricing

Job Title

AVP & Actuary, Workers Compensation Pricing

Zurich Insurance

Schaumburg, IL (preferred), with consideration for Chicago, NY, Overland Park;
Hybrid remote working. Full Time.

• 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.
• Conduct analyses on key pricing parameters such as trend analysis, loss development factors, and expense assumptions.
• Collaborate across actuarial, statistical, and IT functions to support current and future pricing tools across multiple platforms.
• Obtain in‑depth knowledge of pricing tools and monitoring, including working knowledge of underlying predictive models.
• Where appropriate, provide support for “Virtuous Circle” meetings and rate filing activities.
• Maintain excellent communication and collaboration within and between teams.

• Zurich Certified Insurance Apprentice, including Associate's Degree OR Bachelor’s Degree and 8+ years of actuarial experience with FCAS or equivalent international certification OR 13+ years of actuarial experience with 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 inputs to IT.
• Familiarity with statistical and predictive modeling techniques.
• Experience with Databricks, Python, R, and/or SQL.
• Excellent verbal and written communication skills, able to share technical results and recommendations to audiences of varying analytic understanding.
• Experience collaborating on cross‑functional team projects and mentoring colleagues or peers.
• Experience with time management across multiple work streams.

Salary range: $149,500 – $244,900 (annual). Short‑term incentive bonus eligibility set at 20%.

Zurich offers competitive pay, comprehensive benefits for employees and families, and a potential for bonuses and merit increases. Pay may vary by location. For more information,
Learn more about Total Rewards here.

Zurich values your ideas and experience, offering growth, inclusion, and a supportive environment. As a leader in risk management with over 150 years of expertise and coverage across 25+ industries, Zurich North America is committed to shaping the future of insurance.

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, veteran status, marital status, sexual orientation, pregnancy, or any other characteristic protected by applicable law. Equal Opportunity Employer – Disability/Vets.

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

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