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Collection Agency Analyst

Job in Schaumburg, Cook County, Illinois, 60159, USA
Listing for: Zurich Insurance
Full Time position
Listed on 2026-01-12
Job specializations:
  • Finance & Banking
    Financial Analyst, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 80000 - 100000 USD Yearly USD 80000.00 100000.00 YEAR
Job Description & How to Apply Below

Collection Agency Analyst – Finance Operations Associate

Zurich North America is hiring an experienced Finance Operations Associate – Collections/AR/AP to join our Group Captives team in our Schaumburg, IL headquarters.

Responsibilities
  • Managing the relationship with our collection agencies
  • Balancing between Zurich systems and the collection agency systems
  • Collecting and reconciling premiums and non-premiums, invoicing or applying cash to maximize efficiency
  • Collecting and minimizing outstanding balances and delinquencies for assigned accounts
  • Providing technical guidance, work direction, and analytical support to the team
  • Handling accounts typically of low to moderate complexity/exposure
  • Authorizing policy cancellations for non-payment in accordance with pre‑defined guidelines and protocol
  • Extending credit or negotiating and settling payment plans within limited authority
Basic Qualifications
  • Bachelor’s Degree and 3 or more years of experience in the Finance Operations area
  • OR High School Diploma or Equivalent and 5 or more years of experience in Finance Operations AND knowledge of insurance industry agreements and loss‑sensitive programs
Preferred Qualifications
  • Strong written and verbal communication skills
  • Proficiency with Excel
  • Ability to work with large amounts of data
Compensation

The proposed salary range for this position is $58,800.00 – $96,300.00, with short‑term incentive bonus eligibility set at 10%.

Benefits & Perks

We offer growth, inclusion, and a supportive environment where your ideas and experience help shape the future of insurance.

Location & Employment
  • Location:

    Schaumburg, IL
  • Remote Working:
    Hybrid
  • Schedule:

    Full Time
  • Employment Sponsorship Offered:
    No
Equal Opportunity & EEO Statement

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy, or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets. Zurich complies with 18 U.S. Code § 1033.

Application

Please note:

Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.

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