Associate Actuary I (REMOTE)
$87.2k - $188.7kZurich North America
Associate Actuary
Zurich North America is currently looking for a Senior Actuarial Analyst or Associate Actuary based out of our North American Headquarters in Schaumburg, Illinois or any US office. This role supports Zurich’s Liability line of business and is a part of the Underwriting organization.
The General Liability Pricing Team works closely with other Actuarial teams as well as General Liability Product Management and Market Facing Underwriting teams to support achievement of Zurich’s financial objectives.
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
This role will be filled at either the Senior Actuarial Analyst or Associate Actuary level. Basic Qualifications – Senior Actuarial Analyst:
Zurich Certified Insurance Apprentice, including Associates DegreeOR
Bachelors DegreeAND
Successful completion of 5 or more actuarial exams (applicable to FCAS designation or equivalent international certification) with 2 or more years of experience in the Actuarial areaOR
Successful completion of 3 or more actuarial exams (applicable to FCAS designation or equivalent international certification) with 3 or more years of experience in the Actuarial area
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
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.
Experience collaborating on cross-functional team projects
We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. The proposed salary range for the Associate Actuary is $87,200.00 - $142,700.00, with short-term incentive bonus eligibility set at 10%. The proposed salary range for the Senior Actuarial Analyst is $115,200.00 - $188,700.00, with short-term incentive bonus eligibility set at 15%.
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.
Remote Working: Schedule: Full Time
Employment Sponsorship Offered: Linkedin Recruiter Tag: #LI-GR1 LI-ASSOCIATE #LI-HYBRID
EOE Disability / Veterans
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