Zurich 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 as responsibility 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 Accountabilities
- Acts as escalation point for emerging reinsurance accounting issues, ensuring the proper coordination, analysis and ongoing close related support
- Attention to controls, processes, cross team analytics, hot topics , projects and ad hoc initiatives
- Reinsurance reporting, budgeting, planning
- Helping 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 environment
- Business Travel, as required
- Extended Hours during Peak Periods, as required
- Pass Applicable Exam/Licensing, as required
Basic 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 industry AND
- People management experience
Preferred Qualifications:
- Advanced knowledge of the reinsurance finance operations
- Advanced knowledge of accounting concepts (both IFRS and STAT)
- Advanced understanding of financial reporting processes
- Advanced understanding of internal controls and the audit function
- Advanced leadership ability with experience leading other managers
- Ability to manage and participate in large projects
- Strong verbal and written communication skills
- Advanced knowledge and experience working with reinsurance contracts
- Knowledge of reinsurance claim recoverable process and link to direct claim processing required in certain roles
- Strong leadership skills
- Technology experience related to one or more of the following areas:
- General ledger SAP
- Financial Reporting systems
- Business Objects or other query tools
- CPA / CPCU / CFA / CTP / MBA
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 salary 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 $146,500.00 - $239,800.00 with short-term incentive bonus eligibility set at 25%.As 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 (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.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/vet 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 - SchaumburgRemote Working: HybridSchedule: Full TimeEmployment Sponsorship Offered: No Linkedin Recruiter Tag: #LI-BK1 #LI-EXECUTIVE