Finance Operations Associate

Zurich North America is hiring an experienced Finance Operations Associate - Collections/AR/AP to join our Group Captives team!  The successful candidate under guidance, performs one or more basic finance operations tasks including invoicing, collection, cash application, accounts payable, general administration and/or general ledger reconciliation ensuring actions are completed to appropriate service levels or defined procedures.  We are open to hiring internal talent remotely. 

In this role you will be responsible for:

• Collection, Reconciliation, Cash Application and Invoicing:
• Collects and reconciles premiums and non premiums, invoices or applies cash in order to maximize.
• Collects and minimizes outstanding balances and delinquencies to assigned accounts.
• Provides technical guidance, work direction, and analytical support to the team
• Assigned accounts are typically of low to moderate complexity/exposure.
• Role has authority to cancel policies for non-payment in accordance with pre-defined guidelines and protocol.
• Role also has limited authority to extend credit or to negotiate and settle payment plans.

Basic Qualifications:

• Bachelor’s Degree and 3 or more years of experience in the Finance Operations area
  OR
• High School Diploma or Equivalent and 5 or more years of experience in the Finance Operations area
  AND
• Knowledge of insurance industry agreements and loss sensitive programs

Preferred Qualifications:

• Strong written and verbal communication
• Proficient with Excel
• Ability to work with large amounts of data

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 proposed salary range for this position is $58,800.00 - $96,300.00, with short-term incentive bonus eligibility set at 10%.

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
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No  
 
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