Associate Actuary or Senior Actuarial Analyst

Zurich is currently looking for a Pricing Actuary or Senior Actuarial Analyst II to join National Accounts and work out of our Chicago Office. This colleague will support and work alongside the market facing underwriting teams in our Domestic Casualty unit, as well as supporting other Business Unit initiatives. Through this collaborative, cross functional business partnership, the National Accounts Pricing team improves the financial understanding and performance of accounts within the regions and enhances the quality of technical underwriting, decision making and risk selection. They are instrumental in profitably growing the premium volume on both a regional and company level. This individual will be responsible for supporting the field underwriting needs of the Midwest Region. As Associate Actuary, you will be a primary point of contact and resource for the Midwest Region, its underwriters, and underwriting managers. In this individual contributor role, you will work independently on account pricing as well as lead more complex analytical work. Examples of this include: Assisting with the development of account-based model pricing structures and leveraging profitability analysis Partnering with regional business leaders and underwriters on both transactional and strategic account decisions; most notably by providing actuarial calculations, including: Risk transfer analysis Large complex loss forecasts and unique rating plan structure Large account collateral needs Supporting and training underwriters in pricing and loss forecasting concepts, model outputs and tools, and providing a feedback channel to ensure the issues faced by the tool users are being addressed by the tool designers Participating in internal audits and occasional meetings with brokers, outside actuarial consultants, and/or customers Understanding profit drivers on portfolio and book segments and communicating insights as needed Providing leadership with recommendations on key parts of the large account book of business to help drive strategic profit and growth Developing strategic partnerships with the business segment leadership, portfolio managers, and underwriters Helping underwriters craft a story and support the deal proposal with sound rationale for rate increases, term changes, coverage adjustments, etc. beyond “the model says so” Managing the demands of the various stakeholders, ensuring predictable and timely completion of work. This is an opportunity to gain broad exposure to our various casualty lines of business, business segments and customers/prospects. You will also gain valuable underwriting insights and business knowledge working within an underwriting framework. As part of the expectations in this role, you will remain current with regulatory/market conditions to apply this knowledge in pricing solutions and recommendations. This role will be filled at either the Associate Actuary or Senior Actuarial Analyst II 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: Associate Actuary: Bachelors Degree in Mathematics/Statistics or Actuarial Sciences and 5 or more years of experience in the Actuarial areaAND ACAS or equivalent international certification OR Senior Actuarial Analyst II: 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 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 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 combined salary range for this position is $126,700.00 - $238,700.00. The proposed salary range for the Senior Actuarial Analyst II is $126,700.00 - $207,600.00, with short-term incentive bonus eligibility set at 15%. The proposed salary range for the Pricing Actuary is $145,800.00 - $238,700.00, with short-term incentive bonus eligibility set at 20%. 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): AM - ChicagoRemote Working: HybridSchedule: Full TimeEmployment Sponsorship Offered: No Linkedin Recruiter Tag: #LI-AW1 #LI-ASSOCIATE #LI-HYBRID