Job details

Actuary

Zurich North America is currently looking for an Senior Actuarial Analyst II to join our Actuarial Operations & Assurance team. This role will ideally be based out of one of our main offices (Schaumburg Headquarters, Chicago, or New York), but remote may be considered for the right candidate. 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, your customers, and the team.In this role, you will support the Reserve Committee framework for ZNA, ZGL, and the US JV. Responsibilities include Reserve Committee preparation; performing and communicating related reserve analyses, close processes, and financial reporting; and supporting related regulatory/governance deliverables. This position provides a great mix of foundational actuarial training and a broader view of a strong global insurer.In this role, you will be responsible for the following:• Delivery of high-quality Reserve Committee and regulatory monitoring materials• Ensure accurate and timely reserve analyses and reporting• Establish and maintain excellent communication and collaboration with stakeholders• Mentor less experienced team members• Complete and lead business-as-usual and ad-hoc projectsBasic Qualifications:• Zurich Certified Insurance Apprentice, including Associates Degree OR• Bachelors 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 certificationPreferred Qualifications:• Experience in multiple functional areas (pricing, reserving, capital management) and knowledge/skills reflective of a senior practitioner• Strong verbal and written communication skillsAt 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 click here. 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 proposed salary range for this position is $127,400.00 – $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 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/vetZurich 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 - ChicagoRemote Working: HybridSchedule: Full TimeEmployment Sponsorship Offered: NoLinkedin Recruiter Tag:

Average salary estimate

$168000 / YEARLY (est.)

min

max

$127400K

$208600K

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What You Should Know About Actuary, Zurich North America

Are you ready to take your career as an Actuary to the next level? Join Zurich North America as a Senior Actuarial Analyst II! Located in Schaumburg, IL, with options for hybrid working, this role is perfect for those who thrive in flexible environments. You'll become an integral part of our Actuarial Operations & Assurance team, actively supporting the Reserve Committee framework for ZNA, ZGL, and the US Joint Venture. Your responsibilities will include preparing Reserve Committee materials, conducting detailed reserve analyses and financial reporting, as well as helping with necessary regulatory deliverables. Not only will you play a key role in ensuring accuracy and timeliness in reserve analyses, but you will also have the opportunity to mentor less experienced team members, making a real impact on their professional growth. The ideal candidate will possess a mix of foundational actuarial skills and broader insights into the workings of a major global insurer. With at least five years of experience in the actuarial field and strong communication skills, you'll be poised to collaborate effectively with stakeholders across the organization. Plus, our commitment to ongoing career development and diversity makes Zurich a welcoming and thriving place for you to grow and shine in your actuary career. So, are you ready to help drive sustainable change and contribute to a wider spectrum of industries at Zurich? We can’t wait for you to apply!

Frequently Asked Questions (FAQs) for Actuary Role at Zurich North America

What are the main responsibilities of a Senior Actuarial Analyst II at Zurich North America?

As a Senior Actuarial Analyst II at Zurich North America, your primary responsibilities will include preparing Reserve Committee materials, performing detailed financial analyses, and ensuring accurate and timely reporting of reserves. You will also support compliance with regulatory requirements and mentor less experienced team members, fostering a collaborative team environment.