Job details

Reinsurance Controller

Zurich NAReinsurance ControllerinSchaumburg,IllinoisReinsurance Controller118953Zurich North America is hiring a Reinsurance Controller to join our team! The position is located in our Schaumburg, IL location and will report to the Head of Finance Reinsurance, NA.The ZNA Group Re Finance team is responsible for reinsurance finance & operations, reinsurance recoveries (claims), reinsurance asset management, reinsurance analytics, as well asresponsibility for the governance and control over all forms of reinsurance (treaty, facultative and captive reinsurance) across ZNA.You will be joining a dynamic high performing team that gives you great opportunities to make an impact, learn, grow and be purpose driven.Key AccountabilitiesActs as escalation point for emerging reinsurance accounting issues, ensuring the proper coordination, analysis and ongoing close related supportAttention to controls, processes, cross team analytics, “hot topics”, projects and ad hoc initiativesReinsurance reporting, budgeting, planningHelping to run the overall operation in conjunction with strong collaboration with the current management team, as well as our other key stakeholders (i.e., Financial Accounting & Reporting, Actuarial, Claims, etc.)Lead and motivate a team to meet tight deadlines in a dynamic working environmentBusiness Travel, as requiredExtended Hours during Peak Periods, as requiredPass Applicable Exam/Licensing, as requiredBasic Qualifications:Bachelor's Degree in Accounting or Finance and 8 or more years of experience in the Reinsurance/Insurance/Audit/Accounting area within the Insurance industryANDPeople management experiencePreferred Qualifications:Advanced knowledge of the reinsurance finance operationsAdvanced knowledge of accounting concepts (both IFRS and STAT)Advanced understanding of financial reporting processesAdvanced understanding of internal controls and the audit functionAdvanced leadership ability with experience leading other managersAbility to manage and participate in large projectsStrong verbal and written communication skillsAdvanced knowledge and experience working with reinsurance contractsKnowledge of reinsurance claim recoverable process and link to direct claim processing required in certain rolesStrong leadership skillsTechnology experience related to one or more of the following areas:General ledger SAPFinancial Reporting systemsBusiness Objects or other query toolsCPA / CPCU / CFA / CTP / MBAAs an insurance company, Zurich is subject to 18 U.S. Code § 1033.As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time ( https://www.zurichna.com/careers/faq ).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 clickhere (https://www.zurichna.com/careers) to learn more.As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers' expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vetZurich 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 - SchaumburgRemote Working: HybridSchedule: Full TimeEmployment Sponsorship Offered: NoLinkedin Recruiter Tag: #LI-BK1 #LI-EXECUTIVE

Average salary estimate

Estimate provided by employer

$45000 / ANNUAL (est.)

min

max

$40K

$50K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Reinsurance Controller, Zurich Insurance

Are you ready to take on an exciting role that combines your passion for finance and leadership? Zurich North America is looking for a talented Reinsurance Controller to join our dynamic team in Schaumburg, IL. In this pivotal role, you'll report directly to the Head of Finance for Reinsurance, working within the ZNA Group Re Finance team. You'll be responsible for guiding and coordinating reinsurance finance operations, handling recoveries, managing assets, and diving deep into analytics. We pride ourselves on creating a vibrant work environment where your contributions truly matter. You will confront emerging reinsurance accounting challenges head-on, ensuring our operations are precise and compliant. Collaboration is key, as you will work closely with key stakeholders in Financial Accounting, Actuarial, and Claims departments. You'll lead a team dedicated to achieving tight deadlines and enhancing our processes, fostering both professional growth and camaraderie. If you have a Bachelor's Degree in Accounting or Finance and significant experience in the reinsurance or insurance sectors, along with a knack for people management, this could be your perfect match. With Zurich, you'll not only elevate your career but also make a profound impact on our business and the communities we serve. So why wait? Dive into this opportunity for growth and contribute to building a brighter future with us!

Frequently Asked Questions (FAQs) for Reinsurance Controller Role at Zurich Insurance

What are the responsibilities of the Reinsurance Controller at Zurich North America?

The Reinsurance Controller at Zurich North America has a range of responsibilities including overseeing reinsurance finance operations, managing financial reporting, coordinating reinsurance recoveries, and ensuring compliance with internal controls and accounting principles. This role also focuses on team leadership, fostering collaboration with departments like Financial Accounting and Claims.