Zurich NA Reinsurance Data Analyst in Schaumburg, Illinois

Reinsurance Data Analyst


Zurich North America is hiring a Reinsurance Data Analyst role and this person will report to a Reinsurance Financial Manager.This is an entry level role and this person will sit in our Schaumburg North America Headquarters.

Accountabilities –

  • Assistance with collateral management including: coordination with banks and colleagues to execute collateral transactions; verification that collateral is executed in accordance with regulatory requirements and company standards; and maintenance of collateral logs

  • Ensures timely and accurate data entry

  • Monitors and maintains shared mailbox

  • Participates in inter-department group teams on basic projects

  • Creates/updates procedure manuals

  • Ensures timely, accurate, and complete calculations, recording, reporting, billing and collections in accordance with contract terms and department standards, as required

  • Provides support and assistance in updating reinsurance systems and information regarding reinsurance placements

  • May ensure accurate entries on the monthly Activity reports and as well as identifies and codes reinsurance

  • May prepare basic accounting entries and billings

  • May prepare basic reconciliations and assists in reconciling the premium or loss sub-ledger

  • May handle/calculate reinsurance claims for a variety of reinsurance contracts and provisions (i.e., XOL, Q/S, expenses, etc.) of low complexity

  • Completes filing and electronic filing

Basic Qualifications:

  • Associate Degree and No prior experience required in Data Entry OR

  • High School Diploma or Equivalent and 2 or more years of experience in Data Entry OR

  • Zurich Certified Insurance Apprentice including an Associate Degree and No prior experience required in Data Entry

Preferred Qualifications:

  • Insurance industry experience

  • Intermediate Microsoft Office skills; mainly Excel

  • Accurate and timely data entry skills

  • Strong verbal and written communication skills

  • Strong analytical and problem solving skills

  • Accounting function or clerk experience

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 approximately 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.

Primary Location: United States-Illinois-Schaumburg

Travel No

Relocation Available No

Job Posting 11/09/18

Unposting Date Ongoing

Req ID: 1800099N

It is the Policy of Zurich in North America, as an equal opportunity employer, to attract and retain the best-qualified individuals available, without regard to race/ethnicity, color, religion, gender expression, genetic information, national origin, sex, gender identity, sexual orientation, marital status, age, disability or protected veteran status.