Actuary
: Job Details :

Actuary

121816

Zurich North America is currently looking for an Actuary to join our Middle Markets and E&S Reserving team. This role will be based out of one of our main offices (Schaumburg Headquarters, Chicago, New York City, or Toronto). 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 and the team.

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

• Conduct quarterly premium & loss reserve analyses to make recommendations for quarterly financial results including IFRS 17 components of discount and risk adjustment.
• Assist in the preparation of materials for quarterly reserve governance committee.
• Ensure loss reserves and IFRS 17 components are appropriately reflected in the financial close.
• Collaborate regularly with Underwriting, Claims, Finance, and Pricing to develop insights on trends and emerging issues on the insurance portfolios.
• Engage and seek alignment with Pricing colleagues on loss ratios.
• Communicate reserve recommendations with financial impacts along with insights derived from reserving work to management within Actuarial, Finance, and Underwriting.

Basic Qualifications:

• Zurich Certified Insurance Apprentice, including Associates DegreeOR
• Bachelors DegreeAND
• 5 or more years of experience in the Actuarial area plus FCAS or equivalent international certificationOR
• 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

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. The proposed salary range for this position is $130,000.00 – $213,000.00, with short-term incentive bonus eligibility set at 15%.

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. 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

Location(s): AM - Schaumburg, AM - Chicago, AM - New York, CA - Toronto - 100 KingRemote Working: HybridSchedule: Full TimeEmployment Sponsorship Offered: No

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