Senior Pricing Actuary

Zurich NA; Chicago (IL); On-site; USD 133,000 - 217,000; Full time

Benefits offered by this job

Bonus eligibility

Job summary

Zurich North America is seeking a Senior Actuarial Consultant to lead pricing and product development for Accident & Health. The role supports multiple US offices and collaborates with market facing and technical underwriters.

Ideal candidates have FCAS/ASA or equivalent, or ACAS, with 5+ years of actuarial experience, strong communication skills, and leadership abilities to guide teams and influence profitability.

Qualifications

• Must have a mathematics/statistics/actuarial sciences degree and 5+ years actuarial experience or 10+ years with related degrees.
• FCAS/FSA or equivalent international certification OR ACAS/ASA equivalent.
• Zurich Certified Insurance Apprentice or equivalent credential is acceptable.

Responsibilities

• Lead rate filing development for new products and enhancements.
• Coordinate actuarial analyses and prepare pricing structures.
• Analyze loss and expense reserves and discuss with business partners.
• Mentor actuaries and foster cross functional collaboration.
• Provide clear communication to influence profitability decisions.

Skills

Team Leadership

Communication

Collaboration

Excel

Dashboard development

Statistical analysis software

Education

Bachelor’s Degree in Mathematics/Statistics/Actuarial Sciences

FCAS/FSA or equivalent

ACAS/ASA or equivalent

Tools

Excel

Dashboard tools

Job description

Zurich North America is looking for a Senior Actuarial Consultant to support Accident & Health (A&H) business. This role would be based out of Zurich’s New York, Schaumburg, Chicago or Overland Park office.

This critical Actuarial role leads the pricing of new and renewal business as well as the development of effective premium/rating structure and strategies in support of business objectives including new products and product enhancements of A&H products such as Supplemental Health (Gap Medical, Hospital Indemnity, Critical Illness) as well as Individual, Group, Blanket Accident products.

The Senior Actuarial Consultant is also responsible for the following:

• Leads rate filing development of new products and product enhancements
• Coordinates, prepares, and performs actuarial analysis
• Analyzes loss and expense reserves
• Provides consultation on actuarial models and risk issues
• Supports A&H Market Facing and Technical Underwriters on A&H pricing decisions
• Coaches others to employ teamwork and collaboration
• Fosters collaboration and cross-functional interaction
• Influences business decisions through effective communication
• Leads actuarial discussions with business partners around profitability
• Aligns customer service needs to business priorities
• Promotes customer/client-focused culture
• Sets an example for exemplary customer service
• May oversee the work of less experienced actuaries

Senior Actuarial Consultant Basic Qualifications:

• Zurich Certified Insurance Apprentice, including Associates Degree OR
• Bachelor’s Degree in Mathematics, Statistics or Actuarial Sciences and 5 or more years of experience in the Actuarial area
• FCAS/FSA or equivalent international certification OR
• Bachelor’s Degree in Mathematics, Statistics or Actuarial Sciences and 10 or more years of experience in the Actuarial area
• ACAS/ASA or equivalent international certification.

Preferred Qualifications:

• FCAS/FSA
• Previous experience on product development, pricing, filing and experience monitoring of Accident & Health business
• Team Leadership experience and desire to lead
• Ability to effectively communicate and partner with the business
• Strong verbal and written communication skills
• Ability to explain technical analysis results to non-technical audiences
• Collaboration experience on cross-functional team projects
• Experience with Microsoft Excel and/or knowledge of statistical analysis software and dashboard development

Imagine working for a company that truly cares about their employees, customers, stakeholders, and communities they serve.

Imagine working for a values-driven organization that has the ambition and desire to be the best global insurance provider in the world.

Zurich is that place where 55,000 employees across approximately 200 countries and territories are all focused on helping people and helping companies protect what is truly most important to them. We are a values-driven organization that takes pride in the work that we do every day, and we have the ambition to be the best global insurer in the world.

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 $132,500.00 - $217,000.00, with short-term incentive bonus eligibility set at 15%.

We offer competitive pay and comprehensive benefits for employees and their families.

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): AM - Schaumburg, AM - Chicago, AM - New York, AM - Overland Park

Remote Working: Hybrid

Schedule: Full Time

Employment Sponsorship Offered: Yes