the smart solution for Chicago jobs

Reinsurance Financial Analyst

Company: Zurich North America
Location: Schaumburg
Posted on: December 9, 2018

Job Description:

Zurich is currently looking for a Reinsurance Financial Analyst to work out of our North American Headquarters in Schaumburg, Illinois. The Financial Analyst will administer operational and accounting aspects of assigned reinsurance accounts, including premium and loss activity, reporting, cash settlement, and account reconciliation and clearing. This position is within Zurich's Group Reinsurance (Group Re) function; a global function. The North American Group Reinsurance hub function manages $18 billion in reinsurance recoverables, $9 billion of assumed and ceded premiums and has the fiduciary responsibility for reinsurance collateral of approximately $15 billion. Activities include:

  • Preparing ledger entries
  • Calculate, monitor reinsurance premium activity and provide for discrepancy review and reporting
  • Preparing loss account statements in accordance with contract terms
  • Identify, calculate and record reinsurance recoverables in compliance with stated terms and conditions of reinsurance contracts
  • Reconcile basic detail reinsurance related activity, identifying issues and taking corrective action
  • Perform reinsurance accounts receivable and payable related functions
  • Prepare analysis to support financial reporting
  • Account reconciliations and clearing Basic Qualifications:
    • Bachelor's Degree and 4 or more years of experience in finance or accounting OR
    • High School Diploma or Equivalent and 6 or more years of experience in finance or accounting Preferred Qualifications:
      • Insurance industry experience
      • Demonstrated team oriented experience
      • Knowledge of reinsurance processing
      • Microsoft Office desktop skills experience - especially Excel and Access
      • Technology experience related to one or more of the following areas: General ledger, financial reporting systems
      • Strong verbal and written communication skills
      • Strong problem solving and analytical skills Imagine working for a company that truly cares about their employees, customers, stakeholders, and communities they serve. Imagine working for a values-driven organization that has the ambition and desire to be the best global insurance provider in the world. Zurich is that place where 55,000 employees across 200 countries and territories are all focused on helping people and helping companies protect what is truly most important to them. We are a values-driven organization that takes pride in the work that we do every day and we have the ambition to be the best global insurer in the world. EOE Disability / Vets 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.

        Keywords: Zurich North America, Chicago , Reinsurance Financial Analyst, Accounting, Auditing , Schaumburg, Illinois

        Click here to apply!

        Didn't find what you're looking for? Search again!

        I'm looking for
        in category

Other Accounting, Auditing Jobs

Sr Tax Analyst, Compliance
Description: OUR STORY: br br Ulta Beauty is the largest specialty beauty retailer in the United States and the place for the true beauty enthusiast who gets butterflies as she shops for beauty and experiments (more...)
Company: Ulta Beauty
Location: Bolingbrook
Posted on: 12/12/2018

Options Trader
Description: Maverick Trading is seeking motivated and teachable candidates to trade the Equity Options-market on behalf of the firm, using the firm's capital. Becoming a professional trader is a dream job, because (more...)
Company: Maverick Trading
Location: Chicago
Posted on: 12/12/2018

Description: br Senior, Internal Audit br br Position Summary: br The Internal Audit Senior role will be responsible for assisting in the development and execution of the global internal audit plan. Particular (more...)
Company: Creative Financial Staffing - Corporate
Location: Lake Forest
Posted on: 12/12/2018

Looking for 2 years experience in Investment Banking
Description: JOB ALERT Immediately looking for a Research Specialist in Chicago Do you have a degree in Account or Finance with at least 2 years experience working in investment banking If you do please send me (more...)
Company: Robert Half
Location: Chicago
Posted on: 12/12/2018

35M Warrant Officer: Human Intelligence Collection Technician
Description: 35M Warrant Officer: Human Intelligence Collection Technician br br Job ID: 1053973 br br Job Views: 12 br br Location: CHICAGO, Illinois, United States br br ZIP Code: 60616 br br (more...)
Company: Army National Guard
Location: Chicago
Posted on: 12/12/2018

Personal Financial Advisor
Description: With your extraordinary knowledge and incomparable integrity, we know that clients invest their trust in you. Join a team that also invests in you with key product and service offerings, sophisticated (more...)
Company: Fidelity Investments
Location: Highland Park
Posted on: 12/12/2018

Financial Consultant - IT
Description: Description: br br At HCSC, building a talent engine for the future is a key priority because we recognize that as our business evolves to reflect the changing world, we must adapt our workforce to (more...)
Company: Health Care Service Corporation
Location: Chicago
Posted on: 12/12/2018

Senior Internal Advisory - Strategic Projects -Financial Leadership Path
Description: JOB DESCRIPTION br br Job : 16635 Title: Senior Internal Advisory - Strategic Projects -Financial Leadership Path Job Location: Chicago, Illinois - United States Employment Type: Salary: 80,000.00 (more...)
Company: NPAworldwide Recruitment Network
Location: Chicago
Posted on: 12/12/2018

Insurance and Financial Services Agent
Description: We look for people who: Want to make a positive difference in people's lives and in their community br Want a career that is both personally and financially rewarding br Have key entrepreneurial (more...)
Company: State Farm
Location: Blue Island
Posted on: 12/12/2018

Principal Actuary, Wealth Practice Leader at Buck
Description: Chicago, ILPurposeServe as the Account Manager and strategic advisor to clients on their retirement programs, and the Wealth Practice Leader for Buck's Chicago office. The incumbentwill leverage their (more...)
Company: Buck Global LLC
Location: Chicago
Posted on: 12/12/2018

Log In or Create An Account

Get the latest Illinois jobs by following @recnetIL on Twitter!

Chicago RSS job feeds