Actuarial Senior Consultant, Actuarial Analytics

Zurich North America is looking for an Actuarial Senior Consultant to join our Actuarial Analytics team within Finance & Actuarial out of our North American Headquarters in Schaumburg, IL. While this position will be based out of our Schaumburg Headquarters, 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, your customers, and the team.

Actuarial Analytics supports actuarial reserving by providing leading-edge models & explanatory tools for in-depth reserve analysis and loss forecasts. In this role you would be responsible for actuarial specific predictive models which enable deep dive analysis to better understand the underlying drivers of performance. You would also develop AI tools to make the actuarial reserving process more efficient and insightful.

In this role you will be responsible for the following:

Work with large datasets and employ statistical techniques to analyze claims data and loss development

Develop, implement, evaluate, and monitor advanced predictive models

Deliver insights, produce diagnostics, and create tools to aid in reserving analyses

Transform Finance Actuarial’s way of working and drive operational efficiency by collaborating with the reserving transformation team to create AI tools and agents

Work closely with the Data Visualization team to help tell a story and improve transparency of the models to key stakeholders

Partner with stakeholders to translate actuarial and business questions into actionable analyses

This role will be filled via either the Qualification track or Non-qualification track. 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.

Basic Qualifications (Qualification track):

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

OR

Basic Qualifications (Non-qualification track):

Bachelors Degree and 5 or more years of experience in the Actuarial area

OR

Zurich Certified Insurance Apprentice including an Associate Degree and 5 or more years of experience in the Actuarial area

AND

Knowledge of insurance products and operations

Experience applying quantitative concepts

Experience communicating analysis results

Preferred Qualifications:

Experience working in machine learning and building predictive models

Strong advanced analytics experience with the following programs and languages:

Python

Microsoft Azure Databricks

Microsoft Azure Data Factory

SQL

R

Commercial Property & Casualty reserving experience

Experience building AI tools/agents

Excellent verbal and written communication skills

Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply—your unique background matters to us. The pay range shown is a national average and may vary by location. The combined salary range for this position is $86,200.00 - $217,000.00. The proposed salary range for the Non-Qualification track is $86,200.00 - $142,700.00, with short-term incentive bonus eligibility set at 15%.

The proposed salary range for the Qualification track is $132,500.00 - $217,000.00, with short-term incentive bonus eligibility set at 15%.

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]

Why Zurich?

At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment—so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500®.

Join us for a brighter future—for yourself and our customers.

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.

Zurich complies with 18 U.S. Code § 1033.

Please note: Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.

Location(s): AM - Schaumburg, AM - Chicago, AM - New York

Remote Working: Hybrid

Schedule: Full Time

Employment Sponsorship Offered: No

Linkedin Recruiter Tag: #LI-GR1 #LI-ASSOCIATE #LI-HYBRID

• Bachelor’s degree and 5+ years actuarial experience, or Zurich Certified Insurance Apprentice with Associate Degree and 5+ years actuarial experience
• FCAS with 5+ years or ACAS with 10+ years actuarial experience for Qualification track
• Knowledge of insurance products, quantitative analysis, and communication of results