Actuarial Senior Consultant, Actuarial Analytics

Zurich Insurance Group•Chicago, NY

17h•Hybrid

About The Position

Zurich North America is seeking an Actuarial Senior Consultant to join the Actuarial Analytics team within Finance & Actuarial at its North American Headquarters in Schaumburg, IL. This role offers flexibility with a hybrid work model, allowing collaboration with a manager to set a schedule that balances individual, customer, and team needs. The Actuarial Analytics team focuses on supporting actuarial reserving by developing advanced models and explanatory tools for in-depth reserve analysis and loss forecasts. The position involves creating actuarial-specific predictive models to understand performance drivers and developing AI tools to enhance the efficiency and insightfulness of the actuarial reserving process.

Requirements

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
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
Knowledge of insurance products and operations
Experience applying quantitative concepts
Experience communicating analysis results

Nice To Haves

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

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