Reinsurance Financial Associate

4 weeks ago


Schaumburg, United States Zurich Insurance Company Ltd. Full time

**pspan style=font-size**: 12.0pxspan style=font-family: Arial, Helvetica, sans-serifspanspan style=color: blackZurich North America is currently hiring a Reinsurance Financial Associate on the team responsible for the accounting and billing of facultative loss recoveries for Zurich’s Group Reinsurance function (a global function). This position will report to the Manager of the Facultative Loss Team. Qualified individuals in the Schaumburg area will be on a hybrid schedule reporting to the Schaumburg North America HQ. Qualified individuals outside of the Schaumburg area will be on a fully remote schedule.

You will collaborate with your manager to set a schedule that supports you, your customers, and the team./span/span/span/span/ppbrspan style=font-size: 12.0pxspan style=font-family: Arial, Helvetica, sans-serifspan style=color: blackThe Reinsurance Financial Associateb /bposition key responsibilities are Facultative Loss reinsurance /spanbooking and billing as well as accounting for facultative loss of business. The position also analyzes span style=color: blackbasic reinsurance contracts, identifies, and codes reinsurance, handles reinsurance claims of low complexity, performs basic to intermediate reinsurance accounting transactions and financial reporting ensuring compliance with terms and conditions of the reinsurance agreements and department standards. /span/span/span/pp /ppspan style=font-size: 12.0pxspan style=font-family: Arial, Helvetica, sans-serifspan style=color: blackResponsibilities: /span/span/span/pp /pullipspan style=font-size: 12.0pxspan style=font-family: Arial, Helvetica, sans-serifspan style=color: blackIdentify, calculate, record, report and settle premium and loss reinsurance in relation to contract terms and department standards. Includes handling and collection of reinsurance claims of basic to moderate complexity/span/span/span/p/lilipspan style=font-size: 12.0pxspan style=font-family: Arial, Helvetica, sans-serifspan style=color: blackReconcile basic to moderate detail reinsurance related activity, identify issues, coordinate resolution, and take corrective actions as directed.

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.

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/vet /span/span/pp /ppspan style=font-size: 12.0pxspan style=font-family: Arial, Helvetica, sans-serifZurich 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. /span/span/pp /ppspan style=font-size: 12.0pxspan style=font-family: Arial, Helvetica, sans-serifLocation(s): AM - Schaumburg, AM - Remote Work (US)brRemote Working: HybridbrSchedule: Full TimebrEmployment Sponsorship Offered: No br brspan style=color: #ffffffLinkedin Recruiter Tag: #LI-MM1 /span/span/span/pp /pp /p



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