Zurich Insurance Group

Risk Business Partner

Zurich Insurance Group$87K — $142K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree with 5+ years in Risk Management, or 7+ years with a High School Diploma, or a Zurich Certified Insurance Apprentice with 5+ years in Risk Management
  • Experience in risk management, underwriting, actuarial, reinsurance, or claims operations
  • Proven track record in developing risk management manuals and implementing structured ERM methodologies
  • Strong analytical, statistical, and problem-solving skills
  • Ability to evaluate various risks affecting the business using structured methodologies and tools.

Responsibilities

  • Conduct risk assessments on strategic initiatives and operational areas according to the Enterprise Risk Management framework.
  • Perform in-depth reviews on emerging business themes to identify risks and improvement opportunities.
  • Act as a liaison for sharing risk insights to develop risk reports and governance materials.
  • Enhance organizational risk awareness by communicating risk observations to Assurance Partners.
  • Support the adoption of risk assessment tools and tracking methodologies across the organization.
  • Analyze internal and external risk-related data to identify trends and make recommendations for improving the ERM framework.
  • Synthesize qualitative and quantitative data to recommend balanced risk responses.

Benefits

  • Comprehensive benefits package for employees and their families
  • Opportunities for bonuses and merit increases
  • Support for work-life balance with remote working options
  • Professional development opportunities
  • Engagement in a collaborative and trust-based workplace culture.
Full Job Description
Zurich North America is currently hiring a Risk Business Partner. Our Risk Business Partner team enables and empowers ZNA business units and functional areas to understand, mitigate, and take action to address the risks to their strategy.

This person will report to the Risk Business Partner for National Accounts, Excess & Surplus, and Life. This role is based at one of our offices in New York, NY or Schaumburg, IL.

Responsibilities:

  • Conducting risk assessments on ZNA's strategic initiatives, operational areas, business projects, and insurance products in line with assigned priorities and the Enterprise Risk Management framework.
  • Executing targeted deep-dive reviews on emerging or topical themes - such as specific business objectives, processes, trends, or portfolios - to identify material risks, themes, and improvement opportunities.
  • Acting as a key conduit for risk insights, sharing observations with the Enterprise Risk Management and Internal Controls teams to support the development of risk reports, dashboards, TRP/QRR content, and governance committee materials.
  • Strengthening organizational risk awareness by communicating relevant risk observations to Assurance Partners (e.g., Compliance, Group Audit, Underwriting Quality), supporting a coordinated approach across the Three Lines of Defense.
  • Supporting the First Line of Defense in the adoption and use of risk tools, systems, and methodologies (e.g., risk assessments, issue remediation tracking, project risk processes, and new ERM platform components).
  • Researching and analyzing risk-related data from internal and external sources; identifying key trends, insights, and emerging themes; and making recommendations that enhance the effectiveness, efficiency, and maturity of the ERM framework.
  • Synthesizes qualitative and quantitative information to form insights, identify patterns, and recommend balanced risk response.
  • Knows when to escalate issues, how to articulate risk impacts, and how to frame recommendations for senior stakeholders.
  • Builds trust-based relationships across ZNA's First, Second, and Third Lines of Defense; engages effectively with Underwriting, Claims, Actuarial, Finance, Internal Controls, Audit, Legal, Compliance, and senior leadership.
  • Understands insurance products, operational processes, distribution models, and how risk factors influence performance.
  • Clear & concise writing to produce structured, actionable content for risk reports, risk assessments, and governance committee materials, as well as confidence in presenting risk themes, facilitating discussions, and engaging with senior leaders.


Basic Qualifications:

  • Bachelor's Degree and 5 or more years of experience in the Risk Management área OR
  • High School Diploma or Equivalent and 7 or more years of experience in the Risk Management área OR
  • Zurich Certified Insurance Apprentice including an Associate's Degree and 5 or more years of experience in the Risk Management área AND
  • Risk Management and/or insurance industry underwriting, actuarial, reinsurance and/or claim operations experience
  • Experience in the development and implementation of a comprehensive risk management manual, contract manual and risk management website


Preferred Qualifications:

  • Advanced analytical, statistical, and problem solving skills
  • Ability to evaluate strategic, operational, financial, and insurance risks to the ZNA business using structured ERM methodologies.
  • Understands insurance products, operational processes, distribution models, and how risk factors influence performance.
  • Ability to build trust based relationships across the business
  • Strong project management skills
  • Excellent time management skills
  • Detail oriented
  • Strong Microsoft Office skills (Excel, PowerPoint and PowerBI)
  • Excellent verbal and written communication skills
  • Strong knowledge of emerging areas of risk and national/local regulations


Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply-your unique background matters to us.

The pay range shown is a national average and may vary by location. The proposed salary range for this position is $87,200 - $142,700, with short-term incentive bonus eligibility set at 15%.

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]

Location(s): AM - New York, AM - Schaumburg
Remote Working: Yes
Schedule: Full Time
Employment Sponsorship Offered: No

Linkedin Recruiter Tag: #LI-MG1 #LI-ASSOCIATE

About Zurich Insurance Group

Zurich Insurance Group is a Swiss insurance company founded in 1872. It is one of the world's largest insurance companies, operating in over 215 countries and territories. Zurich provides a wide range of insurance products and services, including property and casualty insurance, life insurance, and pensions. The company is committed to sustainability and has set ambitious targets to reduce its carbon footprint and promote renewable energy. Zurich is also actively involved in supporting local communities through various charitable initiatives.
Learn more about Zurich Insurance Group
Size
52,930 employees
Industry
NASDAQ

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