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ZN
Zurich NA
Senior Actuarial Analyst or Associate Actuary
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What they do
An Actuary calculates the financial costs of risk and uncertainty. Uses findings from statistical analysis and mathematical modeling to help businesses and clients minimize the cost of risk and develop business and investment strategies. Uses actuarial analysis of the probability and cost of natural disasters or accidents to develop insurance policies.
$129,855 / year median in Kansas
-9% projected decline
Job Description
Senior Actuarial Analyst or Associate Actuary 136221 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 Underwriting, General Liability Pricing team is responsible for delivering the liability product pricing representing over two billion dollars of premium annually for Zurich North America. 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. The individual is responsible for the following: + 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 + Where appropriate, support "Virtuous Circle" meetings across the organization + Where appropriate, provide rate filing support including formal indications and evaluation of pricing levels + Establish and maintain excellent communication and collaboration within as well as between teams. This role will be filled at either the Senior Actuarial Analyst or Associate Actuary 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 -