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Senior Capital and Liquidity Management Analyst

Senior Capital and Liquidity Management Analyst

Zurich Insurance GroupSchaumburg, IL, United States
23 hours ago
Job type
  • Full-time
Job description

Zurich North America is seeking a detail-oriented and analytical Capital & Liquidity Management Analyst to join its Planning & Performance Management (PPM) team. This role will report to the Director of ZNA Capital and Liquidity Management and play a key role in supporting the capital planning, cash remittance, and liquidity forecasting process across Zurich's North American legal entities.

The ideal candidate will take the lead in applying Zurich's enhanced indirect cash flow forecasting methodology and support capital and solvency planning activities. This includes collaborating cross-functionally with Treasury, Actuarial, Finance, and Group teams to support executive presentations, regulatory updates, and rating agency submissions.

Key Responsibilities :

Cash Flow Forecasting & Liquidity Planning :

  • Own the preparation and continuous improvement of ZNA's operating cash flow forecasts using an adjusted indirect method.
  • Incorporate key drivers and adjustments, including premium receivables, paid losses, WAQS cessions, commissions, expense timing, and tax payment projections.
  • Monitor forecast accuracy through quarterly back testing and alignment with statutory statements of cash flows.

Capital & Solvency Planning :

  • Support the development of quarterly and long-term capital and solvency forecasts across North America legal entities.
  • Assist in the preparation of materials for the North America Balance Sheet Committee and quarterly updates to the New York Department of Financial Services (NY DFS).
  • Coordinate with Group Capital Management to ensure accurate inputs into Group Solvency and Rating Agency models (S&P, AM Best, Moody's).
  • Track and analyze capital movements, including internal dividends, capital injections, and surplus note transactions.
  • Cross-Functional Collaboration :

  • Partner closely with Finance, Actuarial, Reinsurance, and Crop teams to ensure accurate forecasting inputs.
  • Work with Group Treasury and Group Finance to coordinate intra-group funding and capital optimization strategies.
  • Participate in enhancements to cash remittance and surplus planning processes.
  • Basic Qualifications :

  • Bachelor's Degree and 6 or more years of experience in the Accounting or Finance area
  • OR

  • High School Diploma or Equivalent and 8 or more years of experience in the Accounting or Finance area
  • OR

  • Zurich Certified Insurance Apprentice, including an Associate Degree with 6 or more years of experience in the Accounting or Finance area
  • AND

  • Advanced knowledge of and experience with treasury principles and treasury transactions / accounting
  • Preferred Qualifications :

  • CPA / CPCU / CFA / CTP
  • MBA
  • Insurance industry experience
  • Project management experience
  • Leadership experience
  • Strong verbal and written communication skills
  • 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 $94,100.00 - $154,000.00, with short-term incentive bonus eligibility set at 15%.

    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, AM - Chicago

    Remote Working : Hybrid

    Schedule : Full Time

    Employment Sponsorship Offered : No

    Linkedin Recruiter Tag : #LI-GR1 #LI-ASSOCIATE #LI-HYBRID

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