Actuarial or Senior Actuarial Analyst
About the role
Zurich North America is currently looking for an Actuary (Actuarial or Senior Actuarial Analyst level) to join our Specialties BU Reserving team. This role is a hybrid in-office role in Schaumburg, Chicago, New York, or Toronto.
In this role, you will be responsible for the following:
- Conduct quarterly premium & loss reserve analyses to make recommendations for quarterly financial results including IFRS 17 components of discount and risk adjustment.
- Assist in the preparation of materials for quarterly reserve governance committee.
- Ensure loss reserves and IFRS 17 components are appropriately reflected in the financial close.
- Perform loss ratio planning & forecasting including IFRS 17 elements.
- Collaborate regularly with Underwriting, Claims, Finance, and Pricing to develop insights on trends and emerging issues on the insurance portfolios.
- Engage and seek alignment with Pricing colleagues on forward looking loss ratios.
- Communicate reserve recommendations with financial impacts along with insights derived from reserving work to management within Actuarial, Finance, and Underwriting.
This role will be filled at either the Actuarial Analyst or Senior Actuarial Analyst 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 Qualification:
Actuarial Analyst:
- Zurich Certified Insurance Apprentice, including Associate Degree and 2 or more years technical/insurance experience OR
- Bachelors Degree with 3.0 cumulative GPA and No prior experience required in the Actuarial area AND
- Successful completion of one or more actuarial exams
OR
Senior Actuarial Analyst:
- Zurich Certified Insurance Apprentice, including Associates Degree OR
- Bachelors Degree AND
- 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 area OR
- 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
Preferred Qualifications:
- Commercial Property & Casualty insurance experience
- Middle Market/Multi-line experience
- History of successful, solution-oriented collaboration across actuarial and multi-functional teams
- Advanced communication and interpersonal skills
- Ability to interact effectively with individuals within and outside the organization
- Ability to interact effectively with individuals at various levels of the organization
- Ability to interact effectively with individuals with technical and non-technical backgrounds
- Highly proficient with Microsoft Office Suite including Excel
- Experience with SQL, R, and VBA
- Ability to exercise independent judgment and make critical business decisions effectively within scope of authority based on data analyses and reviews
- Knowledge of Actuarial Technique and Standards.
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 combined salary range for this position is $59,900.00 - $142,700.00. The proposed salary range for the Actuarial Analyst is $59,900.00 - $98,200.00, with short-term incentive bonus eligibility set at 10%. The proposed salary range for the Senior Actuarial Analyst is $87,200.00 - $142,700.00, 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
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, CA - Toronto - 100 King
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
Linkedin Recruiter Tag:
About Zurich Canada
Founded 150 years ago, Zurich Insurance Group (Zurich) is a leading multi-line insurer serving about 60 million customers – both people and businesses – in more than 200 countries and territories.
Zurich Canada has been a leader in the Canadian commercial insurance market for 100 years. With over 500 employees in offices across the country, we combine global reach with local service and knowledge. Through a thoughtful and transparent approach, our dedicated regional teams help mitigate and manage risks and build resilience to better protect businesses.
We reserve the right to review and delete any posts or comments, or report users if they violate Zurich Canada’s Rules of Conduct or LinkedIn's Terms of Service. English: http://bit.ly/2tkAta0.
Fondé il y a 150 ans, Zurich Insurance Group (Zurich) est un assureur multirisque de premier plan au service d’environ 60 millions de clients — des particuliers et des entreprises — dans plus de 200 pays et territoires.
Zurich Canada est un chef de file de l’assurance commerciale au Canada depuis 100 ans. Avec plus de 500 employés dans des bureaux partout au pays, nous combinons une portée mondiale avec des connaissances et des services locaux. Grâce à une approche réfléchie et transparente, nos équipes régionales spécialisées aident à atténuer et à gérer les risques ainsi qu’à renforcer la résilience afin de mieux protéger les entreprises.
Nous nous réservons le droit de passer en revue et de supprimer tout message ou commentaire, et de signaler les utilisateurs qui enfreignent les règles de conduite de Zurich Canada ou les conditions d’utilisation de LinkedIn. Français: http://bit.ly/2I8dcCn.
Actuarial or Senior Actuarial Analyst
About the role
Zurich North America is currently looking for an Actuary (Actuarial or Senior Actuarial Analyst level) to join our Specialties BU Reserving team. This role is a hybrid in-office role in Schaumburg, Chicago, New York, or Toronto.
In this role, you will be responsible for the following:
- Conduct quarterly premium & loss reserve analyses to make recommendations for quarterly financial results including IFRS 17 components of discount and risk adjustment.
- Assist in the preparation of materials for quarterly reserve governance committee.
- Ensure loss reserves and IFRS 17 components are appropriately reflected in the financial close.
- Perform loss ratio planning & forecasting including IFRS 17 elements.
- Collaborate regularly with Underwriting, Claims, Finance, and Pricing to develop insights on trends and emerging issues on the insurance portfolios.
- Engage and seek alignment with Pricing colleagues on forward looking loss ratios.
- Communicate reserve recommendations with financial impacts along with insights derived from reserving work to management within Actuarial, Finance, and Underwriting.
This role will be filled at either the Actuarial Analyst or Senior Actuarial Analyst 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 Qualification:
Actuarial Analyst:
- Zurich Certified Insurance Apprentice, including Associate Degree and 2 or more years technical/insurance experience OR
- Bachelors Degree with 3.0 cumulative GPA and No prior experience required in the Actuarial area AND
- Successful completion of one or more actuarial exams
OR
Senior Actuarial Analyst:
- Zurich Certified Insurance Apprentice, including Associates Degree OR
- Bachelors Degree AND
- 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 area OR
- 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
Preferred Qualifications:
- Commercial Property & Casualty insurance experience
- Middle Market/Multi-line experience
- History of successful, solution-oriented collaboration across actuarial and multi-functional teams
- Advanced communication and interpersonal skills
- Ability to interact effectively with individuals within and outside the organization
- Ability to interact effectively with individuals at various levels of the organization
- Ability to interact effectively with individuals with technical and non-technical backgrounds
- Highly proficient with Microsoft Office Suite including Excel
- Experience with SQL, R, and VBA
- Ability to exercise independent judgment and make critical business decisions effectively within scope of authority based on data analyses and reviews
- Knowledge of Actuarial Technique and Standards.
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 combined salary range for this position is $59,900.00 - $142,700.00. The proposed salary range for the Actuarial Analyst is $59,900.00 - $98,200.00, with short-term incentive bonus eligibility set at 10%. The proposed salary range for the Senior Actuarial Analyst is $87,200.00 - $142,700.00, 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
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, CA - Toronto - 100 King
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
Linkedin Recruiter Tag:
About Zurich Canada
Founded 150 years ago, Zurich Insurance Group (Zurich) is a leading multi-line insurer serving about 60 million customers – both people and businesses – in more than 200 countries and territories.
Zurich Canada has been a leader in the Canadian commercial insurance market for 100 years. With over 500 employees in offices across the country, we combine global reach with local service and knowledge. Through a thoughtful and transparent approach, our dedicated regional teams help mitigate and manage risks and build resilience to better protect businesses.
We reserve the right to review and delete any posts or comments, or report users if they violate Zurich Canada’s Rules of Conduct or LinkedIn's Terms of Service. English: http://bit.ly/2tkAta0.
Fondé il y a 150 ans, Zurich Insurance Group (Zurich) est un assureur multirisque de premier plan au service d’environ 60 millions de clients — des particuliers et des entreprises — dans plus de 200 pays et territoires.
Zurich Canada est un chef de file de l’assurance commerciale au Canada depuis 100 ans. Avec plus de 500 employés dans des bureaux partout au pays, nous combinons une portée mondiale avec des connaissances et des services locaux. Grâce à une approche réfléchie et transparente, nos équipes régionales spécialisées aident à atténuer et à gérer les risques ainsi qu’à renforcer la résilience afin de mieux protéger les entreprises.
Nous nous réservons le droit de passer en revue et de supprimer tout message ou commentaire, et de signaler les utilisateurs qui enfreignent les règles de conduite de Zurich Canada ou les conditions d’utilisation de LinkedIn. Français: http://bit.ly/2I8dcCn.