Senior Actuarial Analyst

Zurich North America is currently looking for an Senior Actuarial Analyst to join our Middle Market and E&S Reserving team. Our preference is for the position to be based in our Schaumburg, IL office, with consideration for individuals who may be based out of another Zurich North America office location.

Acts in an actuarial capacity while in pursuit of an actuarial qualification, performing duties which are of a mathematical and/ or financial nature, in order to provide highly accurate data analyses recommendations for use by Actuaries, typically in the evaluation of loss reserves or the pricing of business. Train less experienced personnel.

In this role, you will be responsible for supporting the USMM and E&S Business Unit in the following:

• Accurate and timely reserve analyses and reporting
• Analysis supporting expected loss ratios for discussion at Technical Virtuous Circle meetings
• Monthly and quarterly financial close and ensure reserves are appropriately booked
• Reserve study deep dives and ad hoc analysis
• Ground-up and Top-down planning and forecasting of losses
• Analysis and insights for BU Virtuous Circle and AvE meetings

Basic Qualifications:

• Zurich Certified Insurance Apprentice, including Associates Degree
  OR
• Bachelors Degree
  AND
• Successful completion of 5 or more actuarial exams (applicable to FCAS designation or equivalent international certification) with 2 or more years of experience in the Actuarial area
  OR
• Successful completion of 3 or more actuarial exams (applicable to FCAS designation or equivalent international certification) with 3 or more years of experience in the Actuarial area

Preferred Qualifications:

• ACAS
• Prior commercial lines reserving experience
• Experience in multiple functional areas (pricing, reserving, capital management)
• Excellent verbal and written communication skills, particularly possessing the ability to share technical results and recommendations to audiences at varying levels of analytic understanding
• Solid project management and organizational skills to work on multiple priorities
• Experience with Microsoft Office suite and knowledge of statistical analysis software

Compensation for roles at Zurich varies depending on a wide array of factors including but not limited to the specific office location, role, skill set, and level of experience. As required by local law, Zurich provides in good faith a reasonable range of compensation for roles. For additional information about our Total Rewards, Click here. Other rewards may include short term incentive bonuses and merit increases. Candidates with salary expectations outside of the range are encouraged to apply, and will be considered based on experience, skill, and education. The salary provided is a nationwide market range and has not been adjusted for the applicable geographic differential associated with the location where the position may be filled. The proposed salary range for this position is $80,100.00 - $131,200.00, with short-term incentive bonus eligibility set at 10%

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
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No  
 
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