Compliance Assurance Consultant

at  Zurich Insurance Company Ltd

Zurich North America is currently hiring a Compliance Assurance Consultant and this person will report to the AVP Director, Compliance Assurance, Compliance Monitoring. This person can work out of our Schaumburg, IL North America HQ or remotely for the right candidate.

Accountabilities:

• Provide assistance in implementing and executing on the organizational unit’s Assurance obligations under the Zurich Compliance Program.
• Assist the Assurance team in supporting business management in the identification and management of Compliance Risks.
• Prepare adequate reporting materials for governance committees and business management as directed by the Team Lead.
• Build relationships with other Assurance Providers across the three lines of defense.
• Contribute to the development of the cooperation and relationship building with other Assurance Providers to deliver truly integrated assurance.
• Provide relevant input to the Compliance Risk assessment.
• Contribute to the prioritization and development of a risk-based compliance (assurance) plan.
• Execute assurance activities of moderate complexity and support delivery of more complex monitoring activities.
• Deliver report on assurance activities of moderate complexity and assist in producing reports for more complex monitoring activities.
• Assist in preparing adequate reporting regarding progress against assurance plan, significant results, and bring to the attention of team lead escalation of overdue issues.
• Suggest plan changes when perceived to be necessary.
• Coordinate with internal and external assurance providers where relevant.
• Make recommendations to further increase the effectiveness of the assurance section of the Zurich Compliance Program applying to the organizational unit.

Basic Qualifications:

• Bachelors Degree in Law and 6 or more years of experience in the Claims, Marketing, Underwriting or Compliance area OR
• High School Diploma or Equivalent and 8 or more years of experience in the Claims, Marketing, Underwriting or Compliance area OR
• Zurich Certified Insurance Apprentice, including Associate Degree and 6 or more years of experience in the Claims, Marketing, Underwriting or Compliance area AND
• Experience with market conduct examination process and procedures
• Knowledge of national/local compliance laws and regulations

Preferred Qualifications:

• Strong problem solving and analytical skills
• Strong verbal and written communication skills
• Insurance industry experience
• Experience collaborating in a team working environment across business units
• Experience in working in an assurance role (audit, quality assurance, risk management)
• Experience in working with internal control frameworks
• Experience with using data analytics; proficiency with Excel, Power BI, Business Objects

As an insurance company, Zurich is subject to 18 U.S. Code § 1033.
As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time (https://www.zurichna.com/careers/faq).
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.
As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet
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
Linkedin Recruiter Tag: #LI-LH1 #LI-ASSOCIATE

Please refer the Job description for details