Zurich NA AVP, Financial Governance Director in Schaumburg, Illinois

AVP, Financial Governance Director


Zurich is currently looking for a Financial Governance Director to work out of our North American Headquarters in Schaumburg, Illinois. In this highly visible role you will use your leadership skills, your strong accounting and financial background along with your life insurance knowledge to support the Financial Governance team to complete annual scoping, process walkthroughs, quality assurance reviews and the transition of the control environment as Zurich implements IFRS 17 for our Life Insurance Business.

As the Financial Governance Director, you will support the Life Insurance team to implement and maintain an effective control framework and support management to ensure internal controls over financial reporting (ICFR) are in place and operating effectively. You will also support the Head of Financial Governance to understand the root cause of financial reporting errors identified and develop remediation plans.

Additional Responsibilities Include:


  • Supporting the development and implementation of an efficient and effective financial control framework.

  • Actively participating in the creation and updating of Group and local ICFR policies and procedures.

  • Supporting the completion of financial risk and control assessments.

  • Performing quality assurance reviews to ensure high-quality risk and control execution.

  • Analyzing processes to identify risks and control weaknesses.

  • Designing and implementing appropriate controls to strengthen the control environment and mitigate risks.

  • Bringing a systematic and disciplined approach to maintain the control environment.

  • Documenting processes from start to finish through the collaboration with subject matter experts.

  • Designing and executing the testing of internal controls and facilitate the related remediation for any control deficiencies identified.

  • Developing presentations tailored to audiences at various levels and business functions to communicate internal control findings.

  • Promoting and educating cross functional partners on the importance of internal controls.

If you have a strong accounting background, and life insurance experience and are looking for a highly visible position where you can help drive changes within the Governance Group this position might be a great fit for you.

Basic Qualifications:

  • Bachelor’s Degree and 7 or more years of experience in the Accounting or Finance areaOR

  • High School Diploma or Equivalent and 9 or more years of experience in the Accounting or Finance areaOR

  • Zurich Certified Insurance Apprentice including an Associate Degree and 7 or more years of experience in the Accounting or Finance areaAND

  • Knowledge and experience using accounting principles

  • General ledger and transactional experience

  • Experience with General Ledger, software, financial reporting systems, Business Objects and financial query tools

Preferred Qualifications:

  • Life Insurance industry experience

  • Public accounting experience and knowledge of accounting principles

  • Intermediate level Microsoft Office Suite and Visio skills

  • IBM Open Pages

  • MBA

  • Project management experience preferred

  • Strong written and verbal communication skills

  • CPA

Imagine working for a company that truly cares about their employees, customers, stakeholders, and communities they serve. Imagine working for a values-driven organization that has the ambition and desire to be the best global insurance provider in the world.

Zurich is that place where 55,000 employees across approximately 200 countries and territories are all focused on helping people and helping companies protect what is truly most important to them. We are a values-driven organization that takes pride in the work that we do every day and we have the ambition to be the best global insurer in the world.

EOE disability/vets

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.

Primary Location: United States-Illinois-Schaumburg

Travel Yes, 5 % of the Time

Relocation Available Yes

Job Posting 10/03/18

Unposting Date Ongoing

Req ID: 1800081M

It is the Policy of Zurich in North America, as an equal opportunity employer, to attract and retain the best-qualified individuals available, without regard to race/ethnicity, color, religion, gender expression, genetic information, national origin, sex, gender identity, sexual orientation, marital status, age, disability or protected veteran status.