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Senior Reinsurance Claims Analyst

Company: Zurich Insurance
Location: Schaumburg
Posted on: September 23, 2022

Job Description:

Zurich North America is currently hiring a Senior Reinsurance Claims Analyst who will report to the manager of the Facultative Loss Team. This role will provide technical advice and leadership to the team responsible for the accounting and billing of facultative loss recoveries for Zurich's Group Reinsurance function (a global function). This person can work remotely. What you will do: Deal with complex facultative reinsurance coverage matters.
Assist the facultative reinsurance accounting team to understand reinsurance structures and book losses accurately and address facultative loss issues.
Work closely with the Senior Management providing guidance on reinsurance coverage matters and the net loss position for the Group.
Manage reinsurance P & C claims with high value and complexity until full completion.
Be responsible for the claim related activities associated with the collection of facultative reinsurance recoverables of the Group.
Liaise with the Group's facultative reinsurers and communicate to them in a timely manner and with a high degree of professionalism. Develop strong business relationship with the facultative reinsurers based on transparency and trust.
Provide technical advice to Senior Management, Reinsurance Managers, Reinsurance Accounting and other stakeholders within Group Re and within ZNA Business Units.
Assist with managing arbitrations and litigations handled by internal or external Legal Counsel.
Advocate for business efficiency and service quality, recognize opportunities for automating claims processes and work with the Business Development & Innovation Team on new digital solutions.
Engage, participate and lead special projects, as needed. Basic Qualifications: Bachelor's Degree and 6 or more years of experience in the insurance claims area with exposure to the reinsurance business OR
High School Diploma and 8 or more years of experience in the insurance claims area with exposure to the reinsurance business OR
Zurich Certified Apprentice, including an Associate Degree and 6 or more years of experience in the insurance claims area with exposure to the reinsurance business AND
Advanced knowledge of claims, reinsurance, and legal/coverage issues on direct and reinsurance claims for multiple lines of business
Experience with Microsoft Office products Preferred Qualifications: Juris Doctor
Advanced knowledge of claims, reinsurance, and legal/coverage issues on direct and reinsurance claims for multiple lines of business
Member of the Bar
Strong Microsoft Office skills
Organizational skills
Good analytical skills
Strong verbal and written communication skills
Ability to lead in a team environment
Diversified claim experience The salary range for this role is $106,320 to $132,900. This is the range Zurich NA in good faith believes is the range of possible compensation for this role at the time of the posting. This range is only applicable for jobs to be performed remotely in any US state. Base pay offered may vary depending on, but not limited to education, experience, skills, geographic location, travel requirements, sales or revenue-based metrics, and business needs. This range may be modified in the future. This job is also bonus eligible. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable. As a condition of employment at Zurich, employees must adhere to our COVID-related health and safety protocols ( including, without limitation, a requirement that employees attest as to their vaccination status with a YES/NO, and upload proof of vaccination status, or negative COVID test results when allowable, to a third-party vendor. These are continuously re-evaluated and the requirements may change at any time. A future with 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 148 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 - Schaumburg, AM - Remote Work (US) Remote Working: Yes Schedule: Full Time Linkedin Recruiter Tag: #LI-MG1

Keywords: Zurich Insurance, Schaumburg , Senior Reinsurance Claims Analyst, Accounting, Auditing , Schaumburg, Illinois

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