Senior Internal Controls Analyst

Zurich; Chicago (IL); Hybrid; USD 73,000 - 119,000; Full time

Job summary

Zurich is seeking a Senior Internal Controls Analyst at our North American Headquarters in Schaumburg, IL. This role focuses on strengthening financial controls in line with the ICIF framework, collaborating with a seasoned team to drive effective remediation and control improvements.

Ideal candidates will have 4+ years in Accounting/Finance, or 6+ years with a HS diploma, plus knowledge of accounting principles and experience with financial reporting systems.

Qualifications

• Bachelor's degree or higher with 4+ years in Accounting or Finance
• High School Diploma or equivalent with 6+ years in Accounting or Finance
• Zurich Certified Insurance Apprentice with an Associate Degree and 4+ years in Accounting or Finance
• Knowledge of accounting principles
• General ledger or transactional experience
• Experience with financial reporting systems, Business Objects, and financial query tools

Responsibilities

• Analyze processes to identify risks and control weaknesses
• Design and implement controls to strengthen the control environment
• Assess impact of major changes on the control environment
• Maintain a systematic and disciplined control environment
• Document end-to-end processes with SMEs
• Test internal controls and drive remediation of deficiencies
• Educate control owners on importance of internal controls
• Support automation of controls and testing where appropriate

Skills

Process analysis

Controls design

Risk assessment

Documentation

Remediation planning

Internal controls

Communication

Education

Bachelor's degree

High school diploma

Zurich Certified Insurance Apprentice

Tools

Business Objects

Financial query tools

Financial reporting systems

Job description

Senior Internal Controls Analyst

Zurich is currently looking for a Senior Internal Controls Analyst to work out of our North American Headquarters in Schaumburg, Illinois.

Primary responsibilities include supporting management to ensure internal controls are in place and operating effectively in accordance with the Group Internal Control Integrated Framework (ICIF), with the main area of focus being financial controls. Work with an experienced team to bring innovative solutions to management to increase the efficiency and effectiveness of the control environment. Support manager and senior internal control analysts to understand the root cause of errors identified and help develop remediation plans.

Some of the key accountabilities for this role:

• Ability to analyze processes to identify risks and control weaknesses
• Ability to design and implement appropriate controls to strengthen the control environment and mitigate company risks
• Recognize the impact of major external or internal changes to the control environment
• Bring a systematic and disciplined approach to maintain the control environment
• Ability to document processes from start to finish through the collaboration with subject matter experts
• Ability to design and execute the testing of internal controls and facilitate the related remediation for any control deficiencies identified
• Ability to promote and educate control owners on the importance of internal controls
• Support the business and Internal Controls team in automating controls and testing where appropriate

Basic Qualifications:

• Bachelors 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 an Associate Degree and 4 or more years of experience in the Accounting or Finance area
• AND
• Knowledge of accounting principles
• General ledger or transactional experience
• Experience with financial reporting systems, business objects and financial query tools

Preferred Qualifications (Sr Internal Controls Analyst):

• Insurance industry experience
• 1 or more years' experience related to internal / external audit
• Knowledge of accounting principles
• Intermediate level Microsoft Office Suite and Visio experience

Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply-your unique background matters to us. The pay range shown is a national average and may vary by location. The proposed Salary range for this position is $72,500.00 - $118,700.00, with short-term incentive bonus eligibility set at 10%.

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]

Why Zurich?

At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment-so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500.

Join us for a brighter future—for yourself and our customers.

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.

Zurich complies with 18 U.S. Code 1033.

Please note: Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.

Location(s): AM - Schaumburg

Remote Working: Hybrid

Schedule: Full Time

Employment Sponsorship Offered: No