Actuarial Analyst I (1a-1b)

Zurich North America; Chicago (IL); Hybrid; USD 80,000 - 96,000; Full time

Job summary

Zurich North America is offering an actuarial role in Schaumburg, with a hybrid schedule. You will develop capabilities across pricing, reserving, capital management, and predictive modeling while advancing through actuarial exams.

As you progress, you turn data into insights to help customers identify, manage, and finance their risks. The position supports tuition study time and incentives, with a national pay range and bonus eligibility.

Qualifications

• Completion of one or more actuarial exams.
• Bachelor's degree or ZCIA with Associate Degree and relevant experience.
• Strong communication and analytical skills are keys to success.

Responsibilities

• Develop capabilities in pricing, reserving, capital management, predictive modeling, and large-account pricing while studying actuarial exams.
• Turn raw data into insights that help customers identify, manage, and finance risks.

Skills

Actuarial exams passed

Education

Bachelor's degree

ZCIA with Associate Degree

Tools

Microsoft Office

Job description

About Us

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®.

About The Role

Develop your capabilities in pricing, reserving, capital management, predictive modeling, large-account pricing and business-unit consulting while working toward passage of actuarial exams. Zurich supports your success by providing study time and incentives for completion. As you progress through the actuarial career track, you will find yourself turning raw data into insights that enable our customers to identify, manage and finance their risks.

Basic Qualifications

• Compeleted Bachelors Degree and No prior experience required in the Actuarial area OR
• Zurich Certified Insurance Apprentice with Associate Degree and 2 or more years technical/insurance experience
• Successful completion of one or more actuarial exams

Preferred Qualifications

• Previous actuarial internship or related experience
• Successful completion of two or more actuarial exams
• Dedication to the Casualty Actuarial Societies’ accreditation exam process with a goal of obtaining both ACAS and FCAS
• Ability to analyze data and offer insight to non-technical professionals
• Outstanding written and verbal communication skills
• Experience with Microsoft Office and/or knowledge of statistical analysis software

Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply—your unique background matters to us. The pay range shown is a national average and may vary by location.The proposed salary range for this position is $80,200.00 - $96,000.00, with short-term incentive bonus eligibility set at 10%.

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]

Why Zurich?

At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment—so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500®.

Join us for a brighter future—for yourself and our customers.

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.

Zurich complies with 18 U.S. Code

• 1033.

Please note:

Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.

Location(s): Schaumburg

Remote Working: Hybrid Working Arrangement

Schedule: 9:00 - 5:00PM CST

Employment Sponsorship Offered: No

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