Reinsurance Financial Team Lead

• Analyze and apply proper accounting and operational procedures for complex reinsurance contracts and transactions.
• Oversee or perform calculations, recording, reporting, and settlement of complex reinsurance transactions, including claims of medium to high complexity.
• Strengthen communication and workflow efficiency by networking with internal and external business partners.
• Guide the team on complex claim cessions, contractual interpretation, ceded premium processing, reconciliation, settlement, and clearing.
• Lead process development and improvement initiatives, focusing on automation, analytics, and reporting to enhance technical and operational capabilities.
• Develop, prepare, analyze, and review complex reinsurance reports, financial statements, and key performance indicators.
• Support and actively participate in departmental and team projects.
• Respond to internal and external audit inquiries and support reinsurance audits.
• Model behaviors that demonstrate commitment to Zurich’s corporate values.
• Coach, mentor, and provide technical advice and input into performance management for team members.
• Take action to manage your own personal development and encourage others to do the same.

• Bachelor’s Degree in Accounting or Finance and 6 or more years of experience in the Reinsurance area within the Insurance industry
  OR
• High School Diploma or Equivalent and 8 or more years of experience in the Reinsurance area within the Insurance industry

• Advanced knowledge of accounting and reinsurance contracts.
• Expertise in reinsurance claims recoverable processes and its link to direct claim processing.
• Advanced accounting experience including general ledger, financial reporting, data retrieval and analysis, reporting, and reconciliations.
• Comfortable in team settings, leading discussion, making decisions, and offering insight and ideas.
• Ability to interact with the business unit and customers, utilizing strong interpersonal skills and communication skills.
• Strong time management skills to timely deliver on competing priorities.
• Intermediate to advanced Microsoft Office skills, Alteryx, business objects, query tools
• CPA and or CPCU designation

At Zurich, compensation for roles is influenced by a variety of factors, including but not limited to the specific office location, role, skill set, and level of experience. In compliance with local laws, Zurich commits to providing a fair and reasonable compensation range for each role. For more information about our Total Rewards, please click here. Additional rewards may encompass short-term incentive bonuses and merit increases. We encourage candidates with salary expectations beyond the provided range to apply as they will be considered based on their experience, skills, and education.

The compensation indicated represents a nationwide market range and has not been adjusted for geographic differentials pertaining to the location where the position may be filled. The proposed salary range for this position is $94,100.00 - $154,000.00, with short-term incentive bonus eligibility set at 15%.

As an insurance company, Zurich is subject to 18 U.S. Code § 1033.

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 click here to learn more.

Zurich in North America is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

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
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No

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