Senior Reinsurance Claims Recoveries Analyst

A new transformational adventure awaits you… 

How does 5 weeks of annual leave, a fulfilling career you'll genuinely enjoy, and working for a reputable organization that promotes wellbeing and drives digital transformation sound to you?

As one of Forbes 2024 ‘World’s Best Employers’, Zurich - a leader in the insurance industry, is on a journey towards a brighter future… A brighter future for you - focused on your career, your wellbeing, and your community - as well as our customers and the planet.

Join us on this thrilling journey as we work towards our vision of becoming Australia's leading digital insurer. If you're eager to be part of a values-driven global organisation that's experiencing real growth and transformation, and if you share our commitment to making a tangible difference and taking continuous steps towards a sustainable future for our people, customers, communities, and our planet, then keep reading!

Let’s create a brighter future together, let’s make a difference  

It’s important to know, what you do matters. As in your role you will help more people live well and enjoy confident lives.

A great opportunity exists to join Zurich’s Finance team as a Senior Reinsurance Claims Recoveries Analyst.

This is a role where you will get the chance to drive process improvement, innovation whilst also supporting the Team Leader and mentoring others.

You will be part of a team that analyses and performs intermediate to complex reinsurance transactions and financial reporting, ensuring compliance with terms and conditions of the reinsurance agreements and department standards.

Your main responsibilities will include:

• Report and settle claims reinsurance and reconcile complex detail reinsurance related activity.
• Prepare and analyse internal and external reports.
• Provide training and oversight review for account and processing responsibilities.
• Pursue open recoverable in a timely and professional manner.
• Manage relationships and communication with internal Zurich business partners and reinsurers
• Provide ongoing workflow status, risk assessment, and issue insight to Group Reinsurance management and internal and external stakeholders.

Important to your success - Unlock your potential

• Understanding of the life insurance market and reinsurance processes, including the dependencies between the various departments.
• Knowledge in utilising insurance claims administration systems.
• Knowledge of tools and techniques sufficient to deliver upon the reinsurance administration activities.
• A solution focused mindset and strong initiative
• Understanding of and ability to work in an agile environment, with a strong focus on risk and controls
• Extensive programming experience with SQL, R or Python is preferable
• Exceptional communication skills with the ability to translate technical issues to internal and external stakeholder.
• Tertiary qualifications in Actuarial/Finance related field.

 Belong. Zurich is here to support you 

There are so many reasons why Zurich is a great place to be and the right choice for you, but here are just a few.

• Enjoy 5 weeks of annual leave for permanent staff through our Z leave initiative, along with 15 days of personal/carer’s leave as we empower our people to manage their own wellbeing. Plus, access to Family Care (parental leave).
• Benefit from a hybrid working arrangement – 3 days in the office and 2 days working from home per week for full-time employees.
• Access programs to stay healthy and feel healthier, receive an AUD$500 wellbeing payment per year, and a AUD$295 new starter e-voucher for your work-from-home setup (flex work - hybrid working), along with other great benefits through our Shine portal.
• Grow and thrive in your career with our award-winning training programs. We support and encourage your development because our strength lies in our people, and we value your individuality.
• Work with global, diverse, and inclusive teams; explore your passions, fuel innovation, drive equity, collaborate, and make a positive difference beyond your role.
• Take advantage of global mobility opportunities across more than 200 countries worldwide.
• Volunteer and work in our state-of-the-art Green Star rated offices (when you are in the office) and dress for your day.
• We plant a tree for every new employee.
• Not to mention our various employer of choice awards/memberships – WGEA; Family Inclusive Workplace; Silver AWEI Employer, Pride in Diversity… to name a few.

We could go on, but the main point is that Zurich is a great place to be, where you can truly belong, be yourself, maintain work/life balance, and thrive in a supportive environment.

Zurich is an equal opportunity employer.  We are committed to ensuring that our recruitment process is fair and accessible for all candidates. If you require any special accommodations to participate in our recruitment process, we encourage you to please let us know at the time of your application.

So, if you want to come on an adventure that will build a brighter future together, and feel a sense of togetherness, then please apply today to start your adventure!