Reinsurance Claims Associate

Reinsurance Claims AssociateZurich North America is hiring a Reinsurance Claims Associate to join our team! We are open to hiring talent in the following location: Schaumburg, IL. Responsible for analyzing reinsurance claims and contracts of varying complexity and all lines of business to identify applicable reinsurance coverage and contractual notice requirements; manages the reinsurance notification and inquiry responses of reinsured claims. Analyze reinsurance contracts and claims for reinsurance notification purposes. Identify and code reinsurance. Collaborate with claim handlers and the Business Units to prepare reinsurance notifications for reinsurers and brokers. Provide support in updating reinsurance notification and inquiry systems and electronic databases. Respond to and manages reinsurance inquiries within department standards. Ensure prompt and accurate response to reinsurance inquiries in order expedite collection of reinsurance recoverable. Proactively identify reinsurance notification issues, coordinate resolution, and take appropriate corrective action. Coordinate, review, or monitor outsourced reinsurance claim notification and/or inquiry processes. Assist in the monthly and quarterly review of the work performed by the team. Propose department metrics for the tasks performed by the team. Basic Qualifications: Bachelors Degree and 1 or more years of experience in the Insurance area OR High School Diploma or Equivalent and 3 or more years of experience in the Insurance area OR Zurich Certified Insurance Apprentice including an Associate Degree and 1 or more years of experience in the Insurance area Preferred Qualifications: Knowledge of reinsurance Microsoft Office experience Strong verbal and written communication skills 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 applyyour unique background matters to us. The proposed Salary range for this position is $60,000.00 - $98,200.00, with short-term incentive bonus eligibility set at 10%. We offer competitive pay and comprehensive benefits for employees and their families. At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environmentso 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 futurefor 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 Nearest Major Market: Chicago