Vice President and Senior Actuary, Zurich E&S

115505

Zurich North America (ZNA) is seeking a Vice President and Senior Actuary for Zurich E&S, ZNA’s independent business division servicing the excess and surplus lines industry. The Senior Actuary is a new position that will be responsible for working with the Zurich E&S Executive Leadership Team to conduct actuarial research and analysis, coordinate actuarial services across the broader ZNA actuarial function, provide business insights and provide transactional support to Zurich E&S underwriters.

The role will be responsible for leading Zurich E&S’s analysis of strategic and tactical business initiatives, developing enhanced measures of portfolio performance, monitoring portfolio health, researching various questions related to actuarial positions on pricing and reserving and developing insights to better understand E&S portfolio returns. The Senior Actuary is expected to act with a high degree of independence and be able to inform and influence colleagues across ZNA in support of fact-based analyses. The Senior Actuary also will be expected to support, interact and communicate with the highest levels of Zurich E&S and ZNA leadership and must possess very strong technical actuarial skills and excellent communication skills.

Specific and recurring functions and skills for this role include:

• Coordinating and developing the annual Country Underwriting Plan (CUP)

• Supporting the Zurich E&S Head of Finance in the development of the Annual Financial Plan and business outlooking process

• Developing, implementing and monitoring the annual Tiering plan

• Perform an independent top-down analysis and assessment of reserving and underwriting methodology and approaches for Zurich E&S

• Coordinate the actuarial sections in Virtuous Circle & AvE discussions

• Identify specific targeted deep dive analyses on reserves, pricing and underwriting risk

• Identifying and developing data driven insights to improve underwriting performance through the delivery of information or models, including the development of account scoring models

• Lead analyses related to tracking and improving portfolio performance

• Coordinating the calibration and updating of pricing models for underwriters

• Lead the development and implementation of effective pricing/rating structures

• Collaborate with Market Facing Underwriters on individual account pricing decisions

• Remain current with market trends and apply this knowledge in portfolio management

• Ensure data, methodology and processes used in analyses are such that the output meets required quality standards to be consistent and accepted

• Support the E&S Leadership Team on ad hoc actuarial projects as needed

The new position reports to the Head of Underwriting for Zurich E&S. The rolecan be a located in Schaumburg, IL, New York, NY or Atlanta, GA. Flexible work arrangements may be available. Some travel may be required.

Candidate Requirements Include:

• Bachelors Degree and 10 or more years of experience in the Actuarial area plus FCAS or equivalent international

certification

OR

• Bachelors Degree and 15 or more years of experience in the Actuarial area plus ACAS or equivalent international

certification

Preferred Candidate Requirements:

• Excellent communication skills including translating robust analysis into concise and understandable presentations

• Demonstrated excellence in influencing others

• Solid project management and organizational skills to work on multiple priorities, establish and meet deadlines

• Knowledge of surplus lines markets, products and pricing approaches

• Experience with rating plans and portfolio metrics related to Property, Casualty and Financial Lines

• Experience and proficiency with Microsoft Office suite and knowledge of statistical analysis software

• Demonstrated ability to leverage data and technology to drive outcomes

Compensation for roles at Zurich varies depending on a wide array of factors including but not limited to the specific office location, role, skill set, and level of experience. As required by local law, Zurich provides in good faith a reasonable range of compensation for roles. For additional information about our Total Rewards, click here . Other rewards may include short term incentive bonuses and merit increases. Candidates with salary expectations outside of the range are encouraged to apply, and will be considered based on experience, skill, and education. The salary provided is a nationwide market range and has not been adjusted for the applicable geographic differential associated with the location where the position may be filled. The starting salary range for this position is $168,400 - $275,800.

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, AM - Atlanta, AM - New York

Remote Working: Hybrid

Schedule: Full Time

Employment Sponsorship Offered: No

Linkedin Recruiter Tag: #LI-WL1