Reinsurance Expert

Place of work: Cracow

Job purpose:

We are seeking a Reinsurance Expert to join our team for a mission with one of our stakeholders based in US. If you are looking for an opportunity to use your reinsurance expertise across the Zurich organization this opportunity might be a great fit for you. This role involves analyzing and executing moderately to highly complex reinsurance transactions and financial reporting, ensuring adherence to the terms of reinsurance agreements and departmental standards. We are looking for an ideal candidate who excels in problem-solving and critical thinking, capable of finding innovative solutions to complex challenges. The perfect candidate is a self-starter who can independently tackle issues without the need for continuous supervision. Additionally, we seek a proactive, flexible person with a “can do” approach, along with very good communication skills.

Responsibilities:

• Analyze and perform intermediate to complex reinsurance transactions and financial reporting ensuring compliance with terms and conditions of the reinsurance agreements and department standards
• Identify, calculate, record, report and settle premium reinsurance in relation to contract terms and department standards
• Reconcile complex detail reinsurance related activity, identify issues, coordinate resolution and take corrective actions as directed
• Analysis includes reviewing for trends, anomalies, and reconciliation to key data sources
• Ensure timely, accurate, and complete calculations, recording, reporting and billing of reinsurance premium, in accordance with contract terms and department standards
• Lead relationship and communication with internal Zurich business partners and external reinsurance customers within area of responsibility, including timely response to all external inquiries as prescribed by department standards
  
  

Candidate’s profile:

• Bachelor’s degree and 8 or more years of experience in the accounting, finance or insurance/reinsurance
• General knowledge of reinsurance, such as reinsurance types and layering
• Ability to read and digest a reinsurance agreement to build out a reinsurance structure
• Problem solving and critical thinking – finding creative ways to solve complex problems
• Independent worker - must be able to resolve issues without seeking constant guidance
• Excellent analytical skills and the ability to conclude and summarize findings
• Fluent in spoken and written English
• Proficiency in Microsoft Office applications (intermediate to advanced level)
  
  

Additional requirements:

• This position will be dedicated for the US (American) customer, which will require occasionally adapting to work according to the US hours as per the team’s shift schedule.
  
  

We offer:

• Real life opportunities to develop and grow with us and contribute to the world around us
• competitive salaries, language allowance and an employee benefits package that includes among others medical insurance, life insurance and sport-card
• Annual bonus depending on company annual results and individual performance
• Wide range of learning programs and personal development opportunities including also possibility to apply for up to 80% of educational trainings reimbursement
• Referral awards
• Online fitness trainings
• Possibility to work from home
• Nice and friendly atmosphere
  
  

Who we are:

Zurich Insurance Group (Zurich) is a leading multi-line insurer serving people and businesses in more than 200 countries and territories. Founded 150 years ago, Zurich is transforming insurance. In addition to providing insurance protection, Zurich is increasingly offering prevention services such as those that promote wellbeing and enhance climate resilience. Reflecting its purpose to ‘create a brighter future together,’ Zurich aspires to be one of the most responsible and impactful businesses in the world. It is targeting net-zero emissions by 2050 and has the highest-possible ESG rating from MSCI. In 2020, Zurich launched the Zurich Forest project to support reforestation and biodiversity restoration in Brazil. The Group has about 60,000 employees and is headquartered in Zurich, Switzerland. Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information is available at www.zurich.com.

In March 2016 we established a Shared Service Centre in Kraków, in Poland to support our global strategy. It is from this location that we have created a global shared service platform, focusing on advanced business functions such as financial accounting and reporting, planning and performance management, ICFR testing, financial systems management as well as HR integrated talent management operations.

This role is related to the key area of Zurich’s activity in Kraków. We are committed to complete the recruitment process as soon as possible, however in some occasions it may take up to 6 months and the requirements for the position may be subject to some clarification or modification during the recruitment process