AVP & Actuary 119666 Zurich North America is seeking an Assistant Vice President & Actuary to join the Middle Market Pricing Team. This position is preferred to be a hybrid role based at our North American Headquarters in Schaumburg, Illinois. Will consider other locations for the ideal candidate. In this role you will provide pricing support and advice to the relevant actuarial business partners, including insights into risks, underlying performance and implications for the business. Assists in the training of less experienced personnel. Key Accountabilities + Under minimal supervision, support the pricing of new/renewal business and development of effective premium/rating structures in complex environments and lines of Business. + Collaborate with BU Leaders / Program Mangers to identify opportunities to do deep dive analyses to support the Business Unit’s profitability and growth goals and lead the effort to complete the deep dive. + Provide actuarial analysis to assist Business Unit Leaders with setting and executing the strategic direction through processes such as the Country Underwriting Plan. + Provide consultation and technical expertise on actuarial models and risk issues. + Drive the design, testing and maintenance of pricing models and Tools + Support pricing and strategic decision making for assigned Programs, including interacting with Program Managers and Program Administrator actuaries. + Detailed pricing analysis support including the development of rates, rating plans/forms, reinsurance usage, and portfolio management strategies. + Provide guidance and mentoring within the USMM BU's actuarial and data analytics team. + Leverage a variety of data sources to provide insights to the BU on portfolio quality. Basic Qualifications: + Zurich Certified Insurance Apprentice, including Associates DegreeOR + Bachelors DegreeAND + 8 or more years of experience in the Actuarial area plus FCAS or equivalent international certificationOR + 13 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 At Zurich, compensation for roles is influenced by a variety of factors, including but not limited to the specific office location, role, skill set, and level of experience. In compliance with local laws, Zurich commits to providing a fair and reasonable compensation range for each role. For more information about our Total Rewards, please clickhere (https://www.zurichna.com/careers/benefits) . Additional rewards may encompass short-term incentive bonuses and merit increases. We encourage candidates with salary expectations beyond the provided range to apply, as they will be considered based on their experience, skills, and education. 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 $146,500 - 239,800, with short-term incentive bonus eligibility set at 20%. As an insurance company, Zurich is subject to 18 U.S. Code § 1033. As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time ( https://www.zurichna.com/careers/faq ). 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 Remote Working: Hybrid Schedule: Full Time Employment Sponsorship Offered: No Linkedin Recruiter Tag: #LI-AW1 #LI-DIRECTOR