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Zurich NA Actuarial Consultant / Senior Actuarial Consultant, Commercial Auto Pricing in Overland Park, Kansas

Actuarial Consultant / Senior Actuarial Consultant, Commercial Auto Pricing


Zurich North America is currently looking for an Actuarial Consultant / Senior Actuarial Consultant to join our growing Commercial Auto Pricing team based out of our North American Headquarters in Schaumburg, Illinois. While Schaumburg is the ideal location, we are open to the following areas: Bloomington, IL; New York, NY; Owings Mills, MD; Overland Park, KS; and Omaha, NE. While this is an office-based position, we are offering the flexibility to work both in the office and remotely and you will collaborate with your manager to set a schedule that supports you, our customers, and the team.

As part of the Technical Underwriting Line of Business Pricing Team, this role is responsible for delivering the product pricing for Zurich North America, where Commercial Auto represent over one billion dollars of premium annually. The Line of Business 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.

In this role, you will be responsible for the following:

  • Ensure quality of model price, rate change and loss cost trends

  • Assist the Line of Business Pricing Team across numerous scheduled, business-as-usual, and ad-hoc projects

  • Deliver pricing analysis support including the development of rates, rating plans, and portfolio management strategies

  • Deliver analyses on several key pricing parameter updates including trend analysis, loss development factors, and expense assumptions.

  • Work across actuarial, statistical, and IT functions to support current and future pricing tools across multiple platforms.

  • Provide support for and acquire in-depth knowledge of pricing tools and related monitoring including working knowledge of underlying predictive models

  • 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 Actuarial Consultant or Senior Actuarial Consultant 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.

Actuarial Consultant Basic Qualifications:

  • Bachelor’s Degree in Mathematics/Statistics or Actuarial Sciences and 5 or more years of experience in the Actuarial areaAND

  • ACAS or equivalent international certification

Senior Actuarial Consultant Basic Qualifications:

  • Zurich Certified Insurance Apprentice, including Associates DegreeOR

  • Bachelor’s DegreeAND

  • 5 or more years of experience in the Actuarial area plus FCAS or equivalent international certificationOR

  • 10 or more years of experience in the Actuarial area plus 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 Commercial Auto

  • 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

  • Experience with Azure, Alteryx, R, and/or SQL

  • 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 at the Actuarial Consultant level is $128,600 - $160,800. The salary range for this role at the Senior Actuarial Consultant level is $158,400 - $198,000. 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 in New York City. 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 ( https://www.zurichna.com/careers/faq ), 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 clickhere (https://www.zurichna.com/careers) 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 - Schaumburg, AM - New York, AM - Overland Park, AM - Omaha, AM - Owings Mills, AM - Bloomington

Remote Working: Yes

Schedule: Full Time

Linkedin Recruiter Tag: #LI-MF1 #LI-HYBRID #LI-REMOTE