What can go right when you can grow your career? 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, we have over 150 years of experience, serve more than 25 industries, and insure 90% of the Fortune 500. Zurich strives to provide ongoing career development opportunities so you can reach your full potential and foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. With the support of people like you, we are optimistic about leading the next evolution of the insurance industry. Join us in building a brighter future for our people, our customers and the communities we serve. A fantastic opportunity has arisen for a commercially focused life Actuary to join the Legacy Solutions business of Zurich (focused on Stat reporting for the IDI block of business and providing management reporting to the CA), supporting regular reserving, investigations into portfolio performance and potentially deal preparation. You will also provide support and advice to the Chief Actuary, the CFO, and to the actuarial business partners across all aspects of the portfolio. The right person in this role can make a material difference to ZLS overall management and results. You will be working with and supported by a team in Bratislava on regular reporting tasks. Zurich Legacy Solutions (ZLS) is a global business unit in Zurich managing insurance portfolios across multiple lines (life and non-life) and geographies. ZLS is a material part of the Global non-core segment of Zurich, and the actuarial team is a key part of the business, involved in internal acquisitions, ongoing portfolio management and deals/disposals. Key Accountabilities: Responsible for the planning and production of the valuation of actuarial reserves, financial reporting of embedded value and new business value, preparation of data for solvency and risk-based capital calculations to the required quality and timelines for management reporting and business decision-making purposes. Coordinate, prepare, and perform actuarial analyses including demographic experience analysis, new business profitability analysis and forward looking projections of capital availability and solvency to the required quality and timelines for management reporting and business decision-making purposes; provide recommendations to management based on outcome of these analyses, where necessary. Provide recommendations and technical expertise on actuarial and risk quantification modeling approaches and implement major / complex cash flow model developments to ensure quality of model output; identify and caveat limitations in proposed approaches to users of the output. Support Finance, market-facing business units, Claims, Risk, Capital Management, Investment Management, Actuarial and other functions and actuarial business partners on reserving, reinsurance, solvency, risk and capital management and other operational and strategic business decisions by providing necessary data and analyses to required quality and timelines; propose recommendations based on analyses performed. Ensure that the valuation processes for the assigned Business Unit(s) are appropriately governed and controlled in accordance with Group, Regional, and Local internal / regulatory policies; actively review the processes to ensure continual compliance, propose amendments and implement changes in response to developments to internal / regulatory policies. Calculate premiums for new and/or existing products in line with agreed methodologies. Work with various data sources / analyses to set the assumptions for new and existing products. Review summary datasets. Perform complex statistical analysis e.g. monitoring levels of business, business mix analyses, comparisons of actual to expected; propose actions based on results of analysis. Research and analyze experience trends and expenses (biometric risks, persistency etc), drafting reports for senior management. Provide support for development of rates, rating plans and pricing and portfolio management strategies. Where appropriate, provide rate filing support. Contribute to cross disciplinary teams involved in developing new propositions or enhancing existing ones. Provide guidance to and review work of less experienced actuaries, including sign off of new/enhanced models. Oversee/Supervise more junior team members. Business Travel, as required. Extended Hours during Peak Periods, as required. Pass Applicable Actuarial Exams, as required. Basic Qualifications: Bachelors Degree and 7 or more years of experience in the Actuarial area OR High School Diploma or Equivalent and 9 or more years of experience in the Actuarial area OR Zurich Certified Insurance Apprentice including an Associate Degree and 7 or more years of experience in the Actuarial area AND FSA certification or equivalent life insurance actuarial certification from a non-US organization Preferred Qualifications: MAAA or able to achieve quickly 8 or more years of experience in the Life Actuarial area Experience in IDI multiple functional areas (pricing, reserving, capital management) and knowledge/skills reflective of a senior practitioner Strong verbal and written communication skills Location(s): AM - New York Remote Working: Hybrid Schedule: Full Time Employment Sponsorship Offered: No J-18808-Ljbffr