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Reinsurance Claims Analyst

Remote / Online - Candidates ideally in
Schaumburg, Cook County, Illinois, 60159, USA
Listing for: Zurich 56 Company Ltd
Full Time, Remote/Work from Home position
Listed on 2026-06-24
Job specializations:
  • Insurance
    Insurance Analyst, Risk Manager/Analyst, Underwriter, Insurance Risk / Loss Control
  • Finance & Banking
    Risk Manager/Analyst, Underwriter
Salary/Wage Range or Industry Benchmark: 125000 - 150000 USD Yearly USD 125000.00 150000.00 YEAR
Job Description & How to Apply Below

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 wordingsand 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:
  • 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
  • High School Diploma and 8 or more years of experience in the insurance claims area with exposure to the reinsurance business
  • 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
  • Advanced knowledge of claims, reinsurance, and legal/coverage issues on direct and reinsurance claims for multiple lines of business
  • Experience with Microsoft Office products
Preferred Qualifications:
  • Juris Doctor
  • Advanced knowledge of claims, reinsurance, and legal/coverage issues on direct and reinsurance claims for multiple lines of business
  • Member of the Bar
  • Organizational skills
  • Good analytical skills
  • Strong verbal and written communication skills
  • Ability to lead in a team environment

The proposed salary range for the Reinsurance Claims Analyst is $ - $, with short‑term incentive bonus eligibility set at 15%.

We offer competitive pay and comprehensive benefits for employees and their families.

Location:

Schaumburg, IL (North America Headquarters). Remote Working:
Hybrid.

Schedule:

Full Time. Employment Sponsorship Offered:
No.

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.

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