Zurich NA Vice President & Actuary in Schaumburg, Illinois

Zurich is currently seeking a Vice President & Actuary to work out of our North American headquarters in Schaumburg, Illinois.

The Underwriting Landscape Transformation team at Zurich plays an integral role in the simplification of our product offerings and corresponding pricing tool simplification to enable efficient and effective risk selection, pricing and policy issuance for our front line underwriters. We are looking to increase speed to market and insight generation while simplifying the tool landscape. The team collaborates with various areas in the organization including Underwriting, Predictive Analytics, Information Technology, Line of Business Pricing and Transactional Pricing.

As part of the broader Underwriting Landscape Transformation team within Technical Underwriting, you will have the opportunity to provide your actuarial technical expertise and thought leadership for multi-line commercial products. You will be accountable for projects and initiatives, cross-functional collaboration, and the communication of information and results across the organization. In this role, you will:

  • Lead projects and initiatives to modernize the Zurich pricing strategy for various lines of business
  • Work with various business units and line of business actuaries to evaluate pricing models and identify opportunities for pricing simplification for future state
  • Communicate information and results to a variety of technical and non-technical audiences across the organization and senior leadership
  • Demonstrate thought leadership around the foundational means of delivering technical excellence, including the metrics to monitor our success
  • Understand how Guidewire technology will enable us to implement and map future state pricing strategies
  • Work in conjunction with and support various departments such as the Predictive Analytics team, Actuarial, IT partners, Finance, EIDM, Risk & Compliance, Legal, Technical Underwriters and Market-facing Underwriters to understand pricing impacts across the UW transaction
  • Support junior actuaries and provide mentorship as necessary

As part of the actuarial organization at Zurich, you will have long term career opportunities that include exposure to a broad array of commercial product lines and markets as well as different actuarial functional teams such as pricing, pricing tools, reserving, predictive analytics, etc. We also offer a large population of credentialed and actuarial professionals at a variety of career levels, providing opportunity for learning and mentoring alongside dedicated industry professionals.

Basic Qualifications:

  • Bachelor’s Degree in Mathematics/Statistics or Actuarial Sciences and 10 or more years of experience in the Actuarial area

AND

  • Experience leading cross-functional teams
  • People management skills
  • ACAS

Preferred Qualifications:

  • FCAS
  • 10 or more years of experience in applying actuarial principals with experience in multiple actuarial disciplines (pricing, reserving, reinsurance) and in multiple business units
  • Pricing experience in commercial lines
  • Programming knowledge in VBA, SQL, SAS, etc.
  • Excellent communication skills in order to partner cross functionally within the organization
  • Solid project management and organizational skills to work on multiple priorities, establish and meet deadlines

Imagine working for a company that truly cares about their employees, customers, stakeholders, and communities they serve.

Imagine working for a values-driven organization that has the ambition and desire to be the best global insurance provider in the world.Zurich is that place where 55,000 employees across 200 countries and territories are all focused on helping people and helping companies protect what is truly most important to them. We are a values-driven organization that takes pride in the work that we do every day and we have the ambition to be the best global insurer in the world.

EOE Disability / Vets

Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.

The Underwriting Landscape Transformation team at Zurich plays an integral role in the simplification of our product offerings and corresponding pricing tool simplification to enable efficient and effective risk selection, pricing and policy issuance for our front line underwriters. We are looking to increase speed to market and insight generation while simplifying the tool landscape. The team collaborates with various areas in the organization including Underwriting, Predictive Analytics, Information Technology, Line of Business Pricing and Transactional Pricing.As part of the broader Underwriting Landscape Transformation team within Technical Underwriting, you will have the opportunity to provide your actuarial technical expertise and thought leadership for multi-line commercial products. You will be accountable for projects and initiatives, cross-functional collaboration, and the communication of information and results across the organization. In this role, you will:Lead projects and initiatives to modernize the Zurich pricing strategy for various lines of businessWork with various business units and line of business actuaries to evaluate pricing models and identify opportunities for pricing simplification for future stateCommunicate information and results to a variety of technical and non-technical audiences across the organization and senior leadershipDemonstrate thought leadership around the foundational means of delivering technical excellence, including the metrics to monitor our successUnderstand how Guidewire technology will enable us to implement and map future state pricing strategiesWork in conjunction with and support various departments such as the Predictive Analytics team, Actuarial, IT partners, Finance, EIDM, Risk & Compliance, Legal, Technical Underwriters and Market-facing Underwriters to understand pricing impacts across the UW transactionSupport junior actuaries and provide mentorship as necessaryAs part of the actuarial organization at Zurich, you will have long term career opportunities that include exposure to a broad array of commercial product lines and markets as well as different actuarial functional teams such as pricing, pricing tools, reserving, predictive analytics, etc. We also offer a large population of credentialed and actuarial professionals at a variety of career levels, providing opportunity for learning and mentoring alongside dedicated industry professionals.Basic Qualifications:Bachelor’s Degree in Mathematics/Statistics or Actuarial Sciences and 10 or more years of experience in the Actuarial areaANDExperience leading cross-functional teamsPeople management skillsACASPreferred Qualifications:FCAS10 or more years of experience in applying actuarial principals with experience in multiple actuarial disciplines (pricing, reserving, reinsurance) and in multiple business unitsPricing experience in commercial linesProgramming knowledge in VBA, SQL, SAS, etc.Excellent communication skills in order to partner cross functionally within the organizationSolid project management and organizational skills to work on multiple priorities, establish and meet deadlinesImagine working for a company that truly cares about their employees, customers, stakeholders, and communities they serve.Imagine working for a values-driven organization that has the ambition and desire to be the best global insurance provider in the world.Zurich is that place where 55,000 employees across 200 countries and territories are all focused on helping people and helping companies protect what is truly most important to them. We are a values-driven organization that takes pride in the work that we do every day and we have the ambition to be the best global insurer in the world.EOE Disability / VetsZurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.

**Title:** *Vice President & Actuary*

**Location:** *Illinois-Schaumburg*

**Requisition ID:** *17000472*