Zurich Insurance · 14 hours ago
Actuary
Schaumburg, IL
Full-time
Hybrid
Senior Level
$130K/yr - $213K/yr
5+ years expZurich Insurance is a leader in risk management with over 150 years of expertise. They are seeking an Actuary to support the Liability line of business by providing detailed pricing analysis and collaborating with various teams to achieve financial objectives.
Financial ServicesInsuranceProductivity Tools
No H1B
Responsibilities
Detailed pricing analysis support including the development of rates, rating plans, and portfolio management strategies
Provide input and guidance to actuarial, statistical, and IT functions to support current and future pricing tools across multiple platforms
Provide Lead support for Pricing Tools and related monitoring including working knowledge of underlying predictive models
Build new or adhere to existing governance and monitoring frameworks
Where appropriate, support “Virtuous Circle” meetings across the organization
Where appropriate, provide rate filing support including formal indications and evaluation of pricing levels
Establish and maintain excellent communication and collaboration within as well as between teams
Qualification
Required
Zurich Certified Insurance Apprentice, including Associates Degree OR
Bachelors Degree Bachelor's Degree in Mathematics/Statistics or Actuarial Sciences 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
Experience in multiple functional areas including pricing, reserving, and capital management
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 in the business analysis area and providing explanation and inputs to IT
Familiarity with statistical and predictive modeling techniques including but not limited to decision trees, clustering, and GLMs
Excellent verbal and written communication skills, particularly possessing the ability to share technical results and recommendations to audiences at varying levels of analytic understanding
Experience collaborating on cross-functional team projects
Benefits
Short-term incentive bonus eligibility set at 15%
Competitive pay and comprehensive benefits for employees and their families
Company
Zurich Insurance
Zurich Insurance Group (Zurich) is a leading global multi-line insurer founded more than 150 years ago, which has grown into a business serving more than 75 million customers in more than 200 countries and territories, while delivering industry-leading total shareholder returns.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2020-12-07IPO
Leadership Team
Aleksandar Vidovic
CEO
Walter Jopp
Chief Executive Officer - ME Life
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