Actuary - Pricing Landscape (Mid-Senior or Senior level)

118920

Zurich North America is currently looking for Multiline Pricing Actuary to join the Pricing Landscape team based out of one of our North American offices or virtually. At Zurich North America we acknowledge that work life-balance and flexibility are a priority when it comes to choosing your next career move. Designed with our employees' needs in mind, our hybrid work model emphasizes flexibility, allowing employees to conduct individual work in their preferred location, while facilitating in-person connections and collaborative activities when meaningful and valuable. While the model provides flexibility and autonomy, occasional circumstances requiring in-office attendance should be expected.

Enjoy learning new technology? Interested in large account pricing? The Pricing Landscape team is rebuilding ZLAPS (Zurich Large Account Pricing System) in a technology (Tyche) that is new to Zurich and needs your help. The current tool prices WC, GL and Auto and was built over 20 years ago, so this is truly a once-in-a-career opportunity to improve the largest pricing tool in ZNA. No experience in Tyche required – just a desire to learn new technology.

The position supports Pricing Landscape, a function that reports to the Chief Pricing Actuary. The team oversees the pricing tools landscape with the goal to simplify, enhance, and integrate the overall landscape, leveraging the PolicyCenter roadmap where possible as well as new technology where suitable. The objective is to create tools that are intuitive to underwriters and enable solid underwriting and pricing decisions.

Responsibilities for the role include:

• Support the transformation of ZLAPS (Zurich Large Account Pricing System) to a new, modernized platform (ZAPS). This includes determining methodology and implementing changes in Tyche.

• Support the current users of ZLAPS and ZAPS. This includes reviewing issues as needed and advising on potential system changes.

• Support the maintenance of current products on PolicyCenter as needed, including maintenance, reporting, and tool enhancements.

• Support the transition of future products to Policycenter, including gathering rating and pricing artifacts (e.g., rating and pricing rules and algorithms, product needs, etc.).

• Support other opportunities to leverage Tyche for other products as needed.

This role will be filled at either the Actuary or Senior Actuarial Analyst 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

Basic Qualifications:

Actuary – Pricing Landscape:

• Zurich Certified Insurance Apprentice, including Associates DegreeOR

• Bachelors DegreeAND

• 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 areaOR

• 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

OR

Senior Actuary – Pricing Landscape:

• 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. In compliance with local laws, Zurich commits to providing a fair and reasonable compensation range for each role. For more information about our Total Rewards, please clickhere (https://www.zurichna.com/careers/benefits) . Additional rewards may encompass short-term incentive bonuses and merit increases. We encourage candidates with salary expectations beyond the provided range to apply, as they will be considered based on their experience, skills, and education. The salary indicated represents a nationwide market range and has not been adjusted for geographic differentials pertaining to the location where the position may be filled. The combined salary range for this position is $96,300.00- $208,600.00. The proposed salary range for Mid-Senior Levelis $96,300.00- $157,700.00, with short-term incentive bonus eligibility set at 15%.For theSenior Level is $127,000.00- $208,600.00, with short-term incentive bonus eligibility set at 15%.

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 clickhere (https://www.zurichna.com/careers) 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 - Remote Work (US)

Remote Working: Yes

Schedule: Full Time

Employment Sponsorship Offered: No

Linkedin Recruiter Tag: #LI-JM1 #LI-ASSOCIATE #LI-REMOTE