Financial Analyst / Senior Financial Analyst

Zurich 56 Company Ltd; New York (NY); Hybrid; USD 64,000 - 140,000; Full time

Job summary

Zurich is seeking a Financial Analyst or Senior Financial Analyst for its Credit Risk Management team. This hybrid role involves analyzing financial conditions, evaluating exposures, and providing credit services. Ideal candidates have a degree in finance or accounting and relevant experience. Join a leading global insurer committed to diversity and career development.

Qualifications

• 4+ years experience in Accounting or Finance for Financial Analyst.
• 6+ years experience in Accounting or Finance for Senior Financial Analyst.

Responsibilities

• Analyze and forecast financial conditions of customers.
• Evaluate loss sensitive exposures and set collateral requirements.
• Provide knowledge of credit services to underwriters and brokers.

Skills

Communication

Education

Bachelor’s Degree

High School Diploma

Zurich Certified Insurance Apprentice

Tools

Financial Reporting

General Ledger

Job description

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Zurich is currently looking for a Financial Analyst or Senior Financial Analyst to join our Credit Risk Management team.Desired location is our Schaumburg headquarters, however proximity to a Zurich Field Office within the U.S. is also acceptable for a hybrid role.

This role will be filled at either theFinancial AnalystorSenior Financial Analystlevel. The hiring manager will determine the appropriate level based upon the selected applicant’s experience and skill set relative to the qualifications listed for this position.

Responsibilities include:

• Analyze, interpret and forecast the financial condition of prospective and renewal customers while determining a financial rating and generating a detailed financial narrative. Understanding of US GAAP financial statements, supporting notes, management reports, forecasts, and various other information from external sources as well as information supplied by the customer will all be required in this role. In addition, the ability to understand industry analysis, macroeconomic influences and external credit rating agency opinions is also necessary.
• Evaluate loss sensitive exposures, set collateral requirements, participate in market-facing quotation process, assist in setting program structure and negotiation of collateral.
• Provide knowledge of credit services to underwriters, brokers and customers (including Regulatory reasoning and acceptable forms of collateral, strategy on how collateral is used to protect and compliment loss sensitive programs and how bankruptcy/legal implications impact the credit risk of customers).
• Additional project work as needed (prior examples include best practice assignments, support for financial rating tools, collateral model and process automation).

Basic Qualifications for the Financial Analyst position:

• Bachelor’s Degree and 4 or more years of experience in the Accounting or Finance area
  OR
• High School Diploma or Equivalent and 6 or more years of experience in the Accounting or Finance area
  OR
• Zurich Certified Insurance Apprentice including Associate’s Degree and 4 or more years of experience in the Accounting or Finance area
  AND
• Experience with accounting and financial reporting, general ledger and reporting tools

OR

Basic Qualifications for the Senior Financial Analyst position:

• Bachelor’s Degree and 6 or more years of experience in the Accounting or Finance area
  OR
• High School Diploma or Equivalent and 8 or more years of experience in the Accounting or Finance area
  OR
• Zurich Certified Insurance Apprentice including Associate’s Degree and 6 or more years of experience in the Accounting or Finance area
  AND
• Experience with accounting and financial reporting, general ledger and reporting tools
  

Preferred Qualifications:

• Insurance industry experience
• MBA, CPA, CPCU, CFA or CTP
• Strong verbal and written communication skills

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 compensation 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 combined salary range for this position is$64,600.00 - $140,000.00.The proposed salary range for the Financial Analyst is$64,600.00 - $105,900.00,with short-term incentive bonus eligibility set at 10%.The proposed salary range for the Senior Financial Analyst is$85,500.00 - $140,000.00, with short-term incentive bonus eligibility set at 15%.

As an insurance company, Zurich is subject to 18 U.S. Code § 1033.

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.

Zurich in North America is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

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 - New Jersey Virtual Office, AM - New York, AM - Philadelphia
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered:No

Linkedin Recruiter Tag: #LI-SD1 #LI-ASSOCIATE #LI-HYBRID