Reinsurance Controller

Zurich InsuranceSchaumburg, IL
382dRemote

About The Position

The Reinsurance Controller at Zurich North America is responsible for overseeing reinsurance finance and operations, including reinsurance recoveries, asset management, and analytics. This role involves governance and control over various forms of reinsurance and requires collaboration with multiple stakeholders. The position is based in Schaumburg, IL, and reports to the Head of Finance Reinsurance, NA. The successful candidate will lead a high-performing team, manage accounting issues, and ensure effective reporting and planning in a dynamic environment.

Requirements

  • Bachelor's Degree in Accounting or Finance.
  • 8 or more years of experience in the Reinsurance/Insurance/Audit/Accounting area within the Insurance industry.
  • People management experience.

Nice To Haves

  • Advanced knowledge of 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.
  • Strong leadership skills.
  • Technology experience related to general ledger SAP, financial reporting systems, or query tools.
  • CPA / CPCU / CFA / CTP / MBA.

Responsibilities

  • Acts as escalation point for emerging reinsurance accounting issues, ensuring proper coordination and analysis.
  • Focuses on controls, processes, cross-team analytics, and ad hoc initiatives.
  • Handles reinsurance reporting, budgeting, and planning.
  • Collaborates with management and key stakeholders in operations.
  • Leads and motivates a team to meet tight deadlines in a dynamic environment.
  • Manages business travel and extended hours during peak periods as required.
  • Passes applicable exams or licensing as required.

Benefits

  • Comprehensive employee benefits package for employees and eligible dependents.
  • Ongoing career development opportunities.
  • Diversity and inclusion initiatives.
  • Competitive compensation.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Insurance Carriers and Related Activities

Education Level

Bachelor's degree

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