Head of Reserving, Workers Compensation
$201.5k - $330.1kZurich North America
Zurich North America is seeking a Head of Reserving for the Workers Compensation Line of Business. This role reports to the Chief Reserving Actuary. Our preferred location is our Schaumburg, IL or New York, NY office; other locations may be considered for the right candidate. Responsibilities Leading an Actuarial team that is responsible for all Finance Actuarial elements for our Workers Compensation Line of Business. Communicate results of analysis to stakeholders, including US Executive Leadership. Leading projects and initiatives to improve actuarial efficiencies. Monthly reporting and executive communication. Providing leadership on processes, as well as off-cycle improvement projects. Communicating information and results to a variety of technical and non-technical audiences across the organization, including senior leadership. Working on Ad hoc requests. Managing and coaching a team of actuarial professional employees, providing regular, actionable coaching and feedback to employees to review progress, recognize accomplishments, support development and/or improve performance. Basic Qualifications Bachelor’s Degree and 12 or more years of experience in the Actuarial area plus FCAS or equivalent international certification OR Bachelor’s Degree and 15 or more years of experience in the Actuarial area plus ACAS or equivalent international certification AND Experience leading cross-functional teams Insurance Industry experience Preferred Qualifications Experience in applying actuarial principles with experience in multiple actuarial disciplines (pricing, reserving, reinsurance) and in multiple Line of Business Several years of experience with US Workers Compensation Line of business Prior reserving experience including quarterly booking decisions Strong understanding of IFRS 17 and US statutory accounting for Workers Compensation Solid project management and organizational skills to work on multiple priorities, establish and meet deadlines Excellent communication skills, strong influence, and the ability to partner cross functionally within the organization Knowledge and skills reflective of a senior practitioner who has progressed within Actuarial positions of increasing responsibility Experience with Microsoft Office suite and knowledge of statistical analysis software Strong verbal and written communication skills FCAS or ACAS Compensation and Benefits 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 $201,500-$330,100, with short-term incentive bonus eligibility set at 35%. This role is also eligible to participate in the company’s long-term incentive program. 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. Equal Employment Opportunity 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. Location(s): AM - Schaumburg, AM - New York Remote Working: Hybrid Schedule: Full Time Employment Sponsorship Offered: No #J-18808-Ljbffr Zurich North America
$201.5k - $330.1k
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