Zurich North America
Overview
Zurich North America is currently looking for an Actuary to join our Reserving team focused on Large Casualty and Large Property. This role will be based out of one of our main offices (Schaumburg Headquarters, Chicago, New York City, or Toronto). We offer the flexibility to work both in the office and remotely (hybrid schedule). You will collaborate with your manager to set a schedule that supports you and the team. Responsibilities
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. Qualifications
Basic Qualifications
Zurich Certified Insurance Apprentice, including Associates Degree OR Bachelors Degree AND 5 or more years of experience in the Actuarial area plus FCAS or equivalent international certification OR 10 or more years of experience in the Actuarial area plus ACAS or equivalent international certification Preferred Qualifications
Experience in multiple functional areas (pricing, reserving, capital management) and knowledge/skills reflective of a senior practitioner Strong verbal and written communication skills Employment details
Location(s): AM - Schaumburg, AM - Chicago, AM - New York, AM - Overland Park, CA - Toronto - 100 King Remote Working: Hybrid Schedule: Full Time Employment Sponsorship Offered: No Linkedin Recruiter Tag: [[cust_recruitertag] Compensation
The salary indicated represents a nationwide market range and has not been adjusted for geographic differentials pertaining to the location where the position may be filled. The proposed salary range for this position is
$130,000.00-$213,000.00 , with short-term incentive bonus eligibility set at 15%. As an insurance company, Zurich is subject to 18 U.S. Code 1033. EEO and company information
Zurich in North America is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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Zurich North America is currently looking for an Actuary to join our Reserving team focused on Large Casualty and Large Property. This role will be based out of one of our main offices (Schaumburg Headquarters, Chicago, New York City, or Toronto). We offer the flexibility to work both in the office and remotely (hybrid schedule). You will collaborate with your manager to set a schedule that supports you and the team. Responsibilities
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. Qualifications
Basic Qualifications
Zurich Certified Insurance Apprentice, including Associates Degree OR Bachelors Degree AND 5 or more years of experience in the Actuarial area plus FCAS or equivalent international certification OR 10 or more years of experience in the Actuarial area plus ACAS or equivalent international certification Preferred Qualifications
Experience in multiple functional areas (pricing, reserving, capital management) and knowledge/skills reflective of a senior practitioner Strong verbal and written communication skills Employment details
Location(s): AM - Schaumburg, AM - Chicago, AM - New York, AM - Overland Park, CA - Toronto - 100 King Remote Working: Hybrid Schedule: Full Time Employment Sponsorship Offered: No Linkedin Recruiter Tag: [[cust_recruitertag] Compensation
The salary indicated represents a nationwide market range and has not been adjusted for geographic differentials pertaining to the location where the position may be filled. The proposed salary range for this position is
$130,000.00-$213,000.00 , with short-term incentive bonus eligibility set at 15%. As an insurance company, Zurich is subject to 18 U.S. Code 1033. EEO and company information
Zurich in North America is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr