AVP & Actuary

Job Description:

Zurich North America is hiring an AVP & Actuary to join our team! In this role you will oversee the pricing of the Captives and Direct Markets business areas. We are open to hiring remote talent, however, hybrid with a presence in the Schaumburg North American Headquarters is preferred.

Key Accountabilities

* Provides pricing support and advice to the relevant actuarial business partners, including insights into risks, underlying performance and implications for the business. Assists in the training of less experienced personnel.

* Under minimal supervision, support the pricing of new/renewal business and development of effective premium/rating structures in complex environments and lines of Business.

* Collaborate with BU Leaders to identify opportunities to do deep dive analyses to support the Business Unit's profitability and growth goals and lead the effort to complete the deep dive.

* Provide actuarial analysis to assist Business Unit Leaders with setting and executing the strategic direction through processes such as the Country Underwriting Plan and Tiering

* Support Market Facing and Product Underwriting on pricing decisions.

* Provide consultation and technical expertise on actuarial models and risk issues.

* Take a lead role in pricing accounts, performing risk transfer analysis, and reviewing collateral Needs.

* May interact with external customers and clients through the pricing of large, complex products and individual accounts.

Basic Qualifications:

* Zurich Certified Insurance Apprentice, including Associates Degree
OR

* Bachelors Degree
AND

* 8 or more years of experience in the Actuarial area plus FCAS or equivalent international certification
OR

* 13 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

* Proficiency in programming and automation (e.g., Python, R, SQL, VBA) to develop, maintain, and enhance actuarial pricing models and analytical tools.

Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply-your unique background matters to us. The pay range shown is a national average and may vary by location. The proposed salary range for this position is $152,400.00 - $249,500.00, with short-term incentive bonus eligibility set at 20%.

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]

Why Zurich?

At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment-so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500®.

Join us for a brighter future-for yourself and our customers.

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 complies with 18 U.S. Code § 1033.

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

Location(s): AM - Schaumburg, AM - Remote Work (US)
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No

Linkedin Recruiter Tag: #LI-AW1 #LI-DIRECTOR #LI-HYBRID