Actuary
Zurich Insurance
full-time
Posted on:
Location Type: Hybrid
Location: Schaumburg • Illinois • 🇺🇸 United States
Visit company websiteSalary
💰 $130,000 - $213,000 per year
Job Level
Mid-LevelSenior
About the role
- 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
Requirements
- Zurich Certified Insurance Apprentice, including Associate Degree OR Bachelor’s 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
- 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
- Competitive pay and comprehensive benefits for employees and their families
- Bonuses and merit increases as applicable
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
pricing analysispredictive modelingstatistical modelingdata transformationparameter analysisrate indicationstrend studiesgovernance frameworksmonitoring frameworksportfolio management
Soft skills
communicationcollaborationleadershipteamworkanalytical thinkingproblem-solvingguidancesupportinterpersonal skillspresentation skills
Certifications
Zurich Certified Insurance ApprenticeBachelor’s DegreeAssociate DegreeFCASACAS