Zurich North America
Reinsurance Financial Team Lead
Join Zurich North America as a Reinsurance Financial Team Lead. The role is based at the North American headquarters in Schaumburg, Illinois, and operates on a hybrid schedule.
In this role you will handle complex reinsurance transactions, ensuring compliance with agreement terms, proper accounting, and departmental SOPs. You will lead workflow governance, perform financial and performance analysis, resolve complex issues, and provide technical training.
Responsibilities
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 medium to high complexity claims.
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.
Basic Qualifications
Bachelor’s Degree in Accounting or Finance and 6 or more years of experience in reinsurance within the insurance industry.
High School Diploma or equivalent and 8 or more years of experience in reinsurance within the insurance industry.
Preferred Qualifications
Advanced knowledge of accounting and reinsurance contracts.
Expertise in reinsurance claim recoverable processes and their 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 and communication skills.
Strong time‑management skills to deliver on competing priorities.
Intermediate to advanced Microsoft Office skills, Alteryx, business objects, query tools.
CPA and/or CPCU designation.
Compensation Salary range: $94,100.00 – $154,000.00, with short‑term incentive bonus eligibility set at 15%.
Legal and Equal Opportunity 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.
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In this role you will handle complex reinsurance transactions, ensuring compliance with agreement terms, proper accounting, and departmental SOPs. You will lead workflow governance, perform financial and performance analysis, resolve complex issues, and provide technical training.
Responsibilities
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 medium to high complexity claims.
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.
Basic Qualifications
Bachelor’s Degree in Accounting or Finance and 6 or more years of experience in reinsurance within the insurance industry.
High School Diploma or equivalent and 8 or more years of experience in reinsurance within the insurance industry.
Preferred Qualifications
Advanced knowledge of accounting and reinsurance contracts.
Expertise in reinsurance claim recoverable processes and their 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 and communication skills.
Strong time‑management skills to deliver on competing priorities.
Intermediate to advanced Microsoft Office skills, Alteryx, business objects, query tools.
CPA and/or CPCU designation.
Compensation Salary range: $94,100.00 – $154,000.00, with short‑term incentive bonus eligibility set at 15%.
Legal and Equal Opportunity 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.
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