Pricing Landscape - Actuarial Consultant or Sr. Actuarial Consultant

Zurich North America is currently looking for Multiline Pricing Actuary to join the Pricing Landscape team based out of one of our North American offices or virtually. At Zurich North America we acknowledge that work life-balance and flexibility are a priority when it comes to choosing your next career move. Designed with our employees' needs in mind, our hybrid work model emphasizes flexibility, allowing employees to conduct individual work in their preferred location, while facilitating in-person connections and collaborative activities when meaningful and valuable. While the model provides flexibility and autonomy, occasional circumstances requiring in-office attendance should be expected.

 

Enjoy learning new technology? Interested in large account pricing? The Pricing Landscape team is rebuilding ZLAPS (Zurich Large Account Pricing System) in a technology (Tyche) that is new to Zurich and needs your help. The current tool prices WC, GL and Auto and was built over 20 years ago, so this is truly a once-in-a-career opportunity to improve the largest pricing tool in ZNA. No experience in Tyche required – just a desire to learn new technology.

The position supports Pricing Landscape, a function that reports to the Chief Pricing Actuary. The team oversees the pricing tools landscape with the goal to simplify, enhance, and integrate the overall landscape, leveraging the PolicyCenter roadmap where possible as well as new technology where suitable. The objective is to create tools that are intuitive to underwriters and enable solid underwriting and pricing decisions.

 

Responsibilities for the role include:

 

• Support the transformation of ZLAPS (Zurich Large Account Pricing System) to a new, modernized platform (ZAPS). This includes determining methodology and implementing changes in Tyche.
• Support the current users of ZLAPS and ZAPS. This includes reviewing issues as needed and advising on potential system changes. 
• Support the maintenance of current products on PolicyCenter as needed, including maintenance, reporting, and tool enhancements. 
• Support the transition of future products to Policycenter, including gathering rating and pricing artifacts (e.g., rating and pricing rules and algorithms, product needs, etc.). 
• Support other opportunities to leverage Tyche for other products as needed.

This role will be filled at either the Senior Actuarial Analyst I or 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.
 

Basic Qualifications:

 

Senior Actuarial Analyst I:

 

• 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

 

Actuarial Consultant:

 

• Zurich Certified Insurance Apprentice, including Associates Degree
  OR
• Bachelors Degree
  AND
• Successful completion of 5 or more actuarial exams (applicable to FCAS designation or equivalent international certification) with 2 or more years of experience in the Actuarial area
  OR
• Successful completion of 3 or more actuarial exams (applicable to FCAS designation or equivalent international certification) with 3 or more years of experience in the Actuarial area

 

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

 

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 addition