Senior Internal Controls Analyst

Zurich North America; Schaumburg (IL); Hybrid; USD 73,000 - 119,000; Full time

Benefits offered by this job

Hybrid work model

Total Rewards / Benefits

Job summary

Zurich North America is seeking a Senior Internal Controls Analyst in Schaumburg, IL, to support management in ensuring internal controls are effective under the ICIF framework. You will work with an experienced team to strengthen the financial control environment, document processes, and drive remediation plans with SMEs.

The role requires a Bachelor’s degree or equivalent with 4+ years in accounting/finance, familiarity with financial reporting systems, and an ability to design effective

Qualifications

• Bachelor's degree in accounting or finance with 4+ years of experience
• HS diploma with 6+ years in accounting or finance
• Zurich Certified Insurance Apprentice with an Associate Degree and 4+ years in accounting/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
• Recognize impact of major changes to the control environment
• Document processes with SMEs from start to finish
• Design and execute testing of internal controls and remediation for deficiencies
• Educate control owners on the importance of internal controls
• Support automation of controls and testing where appropriate

Skills

Accounting knowledge

Internal controls

Risk assessment

Communication

Education

Bachelor's degree in accounting/finance

HS diploma + 6+ years in accounting/finance

Zurich Certified Insurance Apprentice with Associate Degree

Tools

Business Objects

Financial query tools

Microsoft Office Suite

Visio

Job description

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. 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.

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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

Linkedin Recruiter Tag: LI-ASSOCIATE