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AVP- Actuary/Management Liability Pricing


Zurich North America is currently looking for an Assistant Vice President Actuary based out of our North American Headquarters in Schaumburg, Illinois, our lower Manhattan office in New York City, Owings Mills, Maryland, Overland Park Kansas, or Omaha, Nebraska. While this position will be based out of Schaumburg, New York City, Overland, or Omaha offices, we are offering the flexibility to work both in the office and remotely. You will collaborate with your manager to set a schedule that supports you, our customers and the team. This role supports Zurich’s Management Liability line of business and is a part of the Technical Underwriting organization. 


The Technical Underwriting, Management Liability Pricing team is responsible for delivering management liability products pricing representing over a half billion dollars of premium annually for Zurich North America.  The Management Liability Pricing Team works closely with other Actuarial teams as well as Product Management and Market Facing Underwriting teams to support achievement of Zurich’s financial objectives.


The Assistant Vice President Actuary is responsible for the following:


  • Provide guidance and mentoring within the Management Liability Pricing Team across numerous Scheduled, Business-As-Usual, and ad-hoc projects
  • Detailed pricing analysis support including the development of rates, rating plans, and portfolio management strategies
  • Provide detailed assistance and mentoring where appropriate on Trend Analysis, Loss Development Factors and other Parameter updates.
  • 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.

Basic Qualifications:


  • Bachelor’s Degree in Mathematics/Statistics or Actuarial Sciences and 8 or more years of experience in the Actuarial area
  • FCAS or equivalent international certification
  • Bachelor’s Degree in Mathematics/Statistics or Actuarial Sciences and 13 or more years of experience in the Actuarial area
  • ACAS or equivalent international certification


Preferred Qualifications:


  • Experience in multiple functional areas including pricing, reserving, and capital management.
  • Prior Commercial Lines pricing experience with an emphasis on Directors and Officers Liability
  • 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.
  • Excellent verbal and written communication skills, particularly possessing the ability to share technical results and recommendations to audiences at varying levels of analytic understanding
  • Experience collaborating on cross-functional team projects
  • Experience with mentoring colleagues or peers.
  • Experience with time-management around multiple workstreams.


Applicable Only to Jobs to be Performed in New York City 

The salary range for this role is $189,400-$236,800. This is the range Zurich NA in good faith believes is the range of possible compensation for this role at the time of the posting.  This range is only applicable for jobs to be performed New York City, NY. Base pay offered may vary depending on, but not limited to education, experience, skills, geographic location, travel requirements, sales or revenue-based metrics, and business needs. This range may be modified in the future.  This job is also bonus eligible. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable

As a condition of employment at Zurich, employees must adhere to our COVID-related health and safety protocols (, including, without limitation, a requirement that employees attest as to their vaccination status with a YES/NO, and upload proof of vaccination status, or a negative COVID test result when applicable, to a third-party vendor. These protocols are continuously re-evaluated and the requirements may change at any time.
A future with Zurich. What can go right when you apply at Zurich?


Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500®. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please click here to learn more.
As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet 
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. 
Location(s): AM - New York, AM - Schaumburg, AM - Remote Work (US), AM - Overland Park, AM - Omaha, AM - Owings Mills
Remote Working: No
Schedule: Full Time
Linkedin Recruiter Tag: #LI-JJ1 #LI-Hybrid #LI-Remote 

Nearest Major Market: Manhattan
Nearest Secondary Market: New York City

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