Compliance Assurance Consultant Job at Zurich Insurance, Schaumburg, IL

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  • Zurich Insurance
  • Schaumburg, IL

Job Description

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Compliance Assurance Consultant

129829

Zurich North America is currently hiring a Compliance Assurance Consultant and this person will report to the AVP Director, Compliance Assurance. This person will be based in our Schaumburg, IL North America HQ.

Accountabilities

  • Provide assistance in implementing and executing on the organizational unit’s Assurance obligations under the Zurich Compliance Program.
  • Assist the Assurance team in supporting business management in the identification and management of Compliance Risks.
  • Plan, execute and report outcomes of assurance activities of moderate complexity and support delivery of more complex monitoring activities.
  • Develop creative, sustainable recommendations to support business management’s implementation of appropriate, risk-based internal controls.
  • Prepare adequate reporting materials for governance committees and business management as directed by the Team Lead.
  • Build relationships, and coordinate with, other Assurance Providers across the three lines of defense.
  • Contribute to the development of the cooperation and relationship building with other Assurance Providers to deliver truly integrated assurance.
  • Provide relevant input to the Compliance Risk assessment.
  • Contribute to the prioritization and development of a risk-based compliance (assurance) plan. Suggest plan changes when perceived to be necessary.
  • Assist in preparing adequate reporting regarding progress against assurance plan, significant results, and bring to the attention of team lead escalation of overdue issues.
  • Make recommendations to further increase the effectiveness of the assurance section of the Zurich Compliance Program applying to the organizational unit.

Basic Qualifications

  • Bachelors Degree in Law or Business Degree in Related Field and 6 or more years of experience in the Financial Services area

OR

  • Zurich Certified Insurance Apprentice, including an Associate Degree and 6 or more years of experience in the Financial Services area

OR

  • High School Diploma or Equivalent and 8 or more years of experience in the Financial Services area

AND

  • Experience with professional writing such as company policies or other management reports.
  • Experience with evaluation, assessment, and/or implementation of internal controls.
  • Knowledge of Compliance topics such as Trade and Economic Sanctions, Anti-Money Laundering and Anti-Bribery / Anti-Corruption

Preferred Qualifications

  • Internal audit (or public accounting) experience
  • Experience in working with internal control frameworks
  • Strong problem solving and analytical skills
  • Strong verbal and written communication skills
  • Financial Services industry experience
  • Experience collaborating in a team working environment across business units
  • Experience with using data analytics; proficiency with Excel

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 to $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.]

Why Zurich?

At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment—so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500.

Join us for a brighter future—for yourself and our customers.

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.

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

Location(s): AM - Schaumburg

Remote Working: Hybrid

Schedule: Full Time

Employment Sponsorship Offered: No

Linkedin Recruiter Tag

Nearest Major Market: Chicago

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Job Tags

Full time, Temporary work, Apprenticeship, Currently hiring, Local area, Remote work, Visa sponsorship,

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