Reinsurance Claims Analyst

Reinsurance Claims Analyst

Zurich North America is currently hiring a Reinsurance Claims Analyst to join the Reinsurance Finance & Recoveries Team. The role supports end-to-end review and analysis of reinsurance claims across multiple treaty structures, including Group and Single Parent Captive Treaties, Cyber and Miscellaneous E&O, and Large Property Treaties. This person will work out of our Schaumburg, IL North America Headquarters.

Position Responsibilities:

• Reviewing underlying claim and declaratory judgment files to assess notice and precautionary notice thresholds
• Analyzing policy and treaty wordings and providing treaty coverage assessments, including complex trigger applications (continuous, manifestation, date of injury), particularly for Captive contracts
• Supporting Reinsurance Accounting through detailed analyses involving basket, clash, and recovery application scenarios
• Providing technical claim and coverage insight to ensure accurate treaty application and financial reporting

Stakeholder and Operational Support:

• The role also serves as a key liaison with internal and external stakeholders by:
• Responding to Reinsurer and Captive Consultant inquiries and managing treaty notices and updates
• Consulting with policy and treaty underwriters to confirm underwriting intent on complex coverage issues
• Participating in calls with Claims, Claims Legal, Brokers, and Underwriting, particularly for large losses and litigation matters
• Coordinating with Claims Legal on privileged communications and tracking litigation and DJ activity

Basic Qualifications:

• Bachelor's Degree and 6 or more years of experience in the insurance claims area with exposure to the reinsurance business OR
• High School Diploma and 8 or more years of experience in the insurance claims area with exposure to the reinsurance business OR
• Zurich Certified Apprentice, including an Associate Degree and 6 or more years of experience in the insurance claims area with exposure to the reinsurance business AND
• Advanced knowledge of claims, reinsurance, and legal/coverage issues on direct and reinsurance claims for multiple lines of business

Experience with Microsoft Office products is preferred.

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 proposed salary range for the Reinsurance Claims Analyst is $110,200.00 - $180,500.00, with short-term incentive bonus eligibility set at 15%. We offer competitive pay and comprehensive benefits for employees and their families.

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.

Location(s): AM - Schaumburg, AM - Chicago