Actuary, Portfolio Analytics

Zurich North America looking for an Actuary to join our Portfolio Analytics Team out of our North American Headquarters in Schaumburg, Illinois. While the Schaumburg location is ideal, we are open to candidates working out of our offices in New York City, Overland Park, Kansas, or Omaha, Nebraska. In this hybrid role, we are offering the flexibility to work both in the office and remotely. You will collaborate with your manager to set a schedule that supports you, your customers, and the team.

The Portfolio Analytics Team leads the process to deliver the annual Country Underwriting Plan (CUP), which provides the forward-looking profitability assessment needed to align on strategy and underwriting actions and to inform the financial plan and Tiering Plans that deliver insight across the ZNA portfolio leading to renewal rate targets and signals at the line of business level for each account, enabling underwriters to execute their strategy and support the delivery of the financial plan.

In this role you will collaborate across multiple areas of the company including Finance, Business Units, and Group Pricing. Analysis may include scenario testing to quantify the impact to the underwriting plan from alternative business strategies. Additionally, you must have the ability to consult with both actuaries and non-actuaries to understand needs and resolve business issues. Finally, this critical role presents a significant opportunity to deepen knowledge of the property & casualty insurance industry and products, as the team supports all of Zurich North America.

This position will be filled at either the Actuarial Consultant or Senior Actuarial Consultant 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.

Actuarial Consultant 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

Senior Actuarial Consultant 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, capital management) and knowledge/skills reflective of a senior practitioner
• Strong verbal and written communication skills
• Experience with Azure, Alteryx, R, and/or SQL, and PowerBI
• Ability to explain technical analysis results to non-technical audiences
• Experience collaborating on cross-functional team projects.

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 combined salary range for this position is  $94,000.00 - $203,600.00. The starting salary range for the Actuarial Consultant is $94,000.00 - $154,000.00 and for the Senior Actuarial Consultant is $124,400.00 - $203,600.00.

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 - Overland Park, AM - Omaha
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: Yes  
 
Linkedin Recruiter Tag: #LI-MF1 #LI-ASSOCIATE #LI-HYBRID