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Zurich Insurance · 1 month ago

Business Performance LoB Lead

Schaumburg, IL

Full-time

Hybrid

Senior Level

$94K/yr - $154K/yr

7+ years exp

Zurich Insurance is on a transformation journey, focusing on customer-centric performance management. The Business Performance LoB Lead will develop and implement performance management frameworks, act as a strategic partner to underwriting and actuarial teams, and enhance forecasting and planning processes.

Financial ServicesInsuranceProductivity Tools

Comp. & Benefits

No H1B

Responsibilities

Shape and Deliver LoB Performance Management & Advanced Actuarial Insights: Build and implement performance management frameworks for individual lines of business, complementing our existing BU views. You’ll lead deep dives into portfolio performance, claims development, and reserving, transforming complex technical data into clear, actionable business insights. Establish standards and best practices for LoB reporting and insights at Zurich, answering management’s need for deeper, more granular perspectives

Strategic Partner to Underwriting and Actuarial: Act as the key PPM business partner to ZNA Underwriting and ZNA Actuarial teams. For Underwriting, you will join the UW Leadership Team meetings, provide regular finance updates, and actively contribute to projects and strategic initiatives, ensuring financial perspectives are integrated into decision-making

Transform Forecasting & Planning: Collaborate closely with the broader PPM team to further enhance and transform the ZNA forecasting and planning processes. Bring forward innovative ideas, challenge the status quo, and help drive process automation, data quality, and actionable business insights

Build a Powerhouse with Actuarial Bratislava: Leverage the expertise of actuarial resources in Bratislava by building strong, effective partnerships. Foster a collaborative and high-performing environment focused on delivering robust performance analysis, business insights, and value to stakeholders

Qualification

Business performance managementFinancial planningActuarial backgroundForecastingPlanningPerformance reportingFinancial systemsAnalytics toolsAnalytical thinkingInsurance industry experienceMicrosoft OfficeMBACertificationsCollaboration skillsCommunication skills

Required

Proven experience in business performance management, financial planning, or analysis, ideally in the insurance or financial services sector

Solid actuarial background with a very good understanding of insurance P&L and the end-to-end insurance business

Strong track record in developing and implementing new frameworks, preferably with a focus on LoB or product-level reporting

Demonstrated ability to work with and influence senior stakeholders, especially Underwriting and Actuarial

Experience in leading or contributing to forecasting, planning, and performance reporting transformations

Exceptional collaboration, communication, and relationship-building skills, including cross-cultural teamwork (experience with near/off-shore teams is a plus)

Analytical thinking with a pragmatic approach to driving process improvements and business value

Advanced skills in financial systems and analytics tools (e.g., SAP, Power BI, Excel) a plus

Bachelors Degree and 7 or more years of experience in the Accounting or Finance area OR

High School Diploma or Equivalent and 9 or more years of experience in the Accounting or Finance area OR

Zurich Certified Insurance Apprentice, including an Associate Degree with 7 or more years of experience in the Accounting or Finance area

Preferred

Strong written, visual, and verbal communication skills and experience communicating financial and business results to Sr. Leaders

Strong analytical skills and ability to apply a structured approach in dealing with partial or incomplete information

Insurance industry experience

Intermediate to advanced Microsoft Office experience

Technology experience related to one or more of the following areas: Financial reporting systems, MS Power BI, MS PowerPoint, MS Word, Thinkcell, Business Objects or other query tools

MBA or other applicable professional certifications

Benefits

Competitive pay and comprehensive benefits for employees and their families

Company

Zurich Insurance

Glassdoor4.2

Zurich Insurance Group (Zurich) is a leading global multi-line insurer founded more than 150 years ago, which has grown into a business serving more than 75 million customers in more than 200 countries and territories, while delivering industry-leading total shareholder returns.

Founded in 1872

Zürich, Zurich, CHE

10001+ employees