Actuarial Consultant

Zurich North America is currently looking for an Associate Actuary or Actuary to join our Actuarial Operations & Assurance team. This role will ideally be based out of one of our main offices (Schaumburg Headquarters, Chicago, or New York), but remote may be considered for the right candidate. We offer the flexibility to work both in the office and remotely (hybrid schedule). You will collaborate with your manager to set a schedule that supports you, your customers, and the team.

In this role, you will be responsible for performing and communicating reserve analyses for the US Joint Venture and ZLS portfolios; performing related close processes, Reserve Committee preparation, and financial reporting; and supporting related regulatory/governance deliverables.  

In this role, you will be responsible for the following:

• Ensure accurate and timely reserve analyses and reporting
• Support financial reporting, including statutory financial statements and the SAO
• Complete and lead business-as-usual and ad-hoc projects

• Establish and maintain excellent communication and collaboration with stakeholders

This role will be filled at either the Associate Actuary or Actuary level.  The hiring manager will determine the appropriate level based upon the selected applicant’s experience and skill set relative to the qualifications listed for this position.

Associate Actuary Basic Qualifications:

• Bachelor’s Degree in Mathematics/Statistics or Actuarial Sciences and 5 or more years of experience in the Actuarial area
  AND
• ACAS or equivalent international certification

OR

Actuary Basic Qualifications:

• Zurich Certified Insurance Apprentice, including Associates Degree
  OR
• Bachelor’s Degree
  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

Preferred Qualifications:

• Experience in multiple functional areas (pricing, reserving, and capital management) and knowledge/skills reflective of a senior practitioner
• Strong verbal and written communication skills
• Please describe the day-to-day responsibilities of this position

At Zurich, compensation for roles is influenced by a variety of factors, including but not limited to the specific office location, role, skill set, and level of experience. In compliance with local laws, Zurich commits to providing a fair and reasonable compensation range for each role. For more information about our Total Rewards, please click here. Additional rewards may encompass short-term incentive bonuses and merit increases. We encourage candidates with salary expectations beyond the provided range to apply, as they will be considered based on their experience, skills, and education. The salary indicated represents a nationwide market range and has not been adjusted for geographic differentials pertaining to the location where the position may be filled. The combined salary range for this position is $96,300.00 - $208,600.00. The proposed salary range for Associate Actuary is $96,300.00 - $157,700.00, with short-term incentive bonus eligibility set at 15%. For the  Actuary is $127,000.00- $208,600.00, with short-term incentive bonus eligibility set at 15%. 

As an insurance company, Zurich is subject to 18 U.S. Code § 1033.

As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time (https://www.zurichna.com/careers/faq).

A future with Zurich. What can go right when you apply at Zurich?

Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500®. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please click here to learn more.

As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet 

Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission. 

Location(s): AM - Schaumburg, AM - New York, AM - Chicago
Remote Working: Yes
Schedule: Full Time
Employment Sponsorship Offered: No  
 
Linkedin Recruiter Tag: #LI-JM1 #LI-ASSOCIATE