Apply on Employer Site

Zurich North America · 5 days ago

Bankruptcy Analyst

Schaumburg, IL

Full-time

Hybrid

Mid, Senior Level

$71K/yr - $116K/yr

5+ years exp

Zurich North America is a leader in risk management, and they are seeking a Bankruptcy Analyst to manage complex finance operations for bankrupt accounts. The role involves directing Bankruptcy Action Teams, ensuring compliance with policies, and providing technical guidance on bankruptcy matters.

CommercialFinancial ServicesInsurance

Comp. & Benefits

No H1B

Hiring Manager

Greg Rayser

Responsibilities

Performing as an initial point of escalation for bankruptcy matters providing technical guidance and work direction

Responding to internal and external client’s inquiries by providing technical advice in a professional, timely and accurate manner in complex situations

Proactively analyzing performance of key performance indicators and communicate status and issues to management

Demonstrating an understanding of the customer’s needs, reviews process and procedures; recommend and implement continuous improvement

Leading and collaborating on moderately complex ad hoc projects

Reviewing legal documents, participation as Zurich’s representation and/or witness, negotiation of settlements

Handles filing of proof of claim on complex loss sensitive programs

Monitors the instruments of security to maximize collections

Establishes bad debt reserves

Collecting, reconciling, invoicing and minimizing outstanding balances and delinquencies to assigned accounts

Handling complex accounts (loss sensitive products, loss fund components)

Identify and resolve problems, verify accuracy of processed transactions, reconcile and perform duties per defined procedures

Provide guidance and support and deliver training to educate team members and increase awareness of existing or new policies and procedures to optimize performance and increase compliance within process or product area

Provide administrative support to local team and participate in projects, as assigned