Actuarial Senior Consultant, Actuarial Analytics
About the role
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.
Responsibilities
- 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
Requirements
- Zurich Certified Insurance Apprentice, including Associates Degree
- Bachelors Degree AND 5 or more years of experience in the Actuarial area plus FCAS or equivalent international certification
- 10 or more years of experience in the Actuarial area plus ACAS or equivalent international certification
- Bachelors Degree and 5 or more years of experience in the Actuarial area
- Zurich Certified Insurance Apprentice including an Associate Degree and 5 or more years of experience in the Actuarial area
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
Skills
- Knowledge of insurance products and operations
- Experience applying quantitative concepts
- Experience communicating analysis results
Benefits
We offer competitive pay and comprehensive benefits for employees and their families.
Pay
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.
- Combined salary range: $86,200.00 – $217,000.00
- Non‑Qualification track: $86,200.00 – $142,700.00 (short‑term incentive bonus eligibility 15%)
- Qualification track: $132,500.00 – $217,000.00 (short‑term incentive bonus eligibility 15%)
Schedule
This position is based in Schaumburg, IL with hybrid remote‑in‑office flexibility. You will collaborate with your manager to set a schedule that supports you, your customers, and the team. The role is full‑time.