Senior Captive Insurance Analyst

Req ID 82370 | Northville, United States ZF Active Safety US Inc.

Job Description

About the Team: The Insurance Management department at ZF Friedrichshafen AG (FFRI) ensures worldwide insurance coverage for the ZF Group. This involves central control, coordination, and oversight of insurance concepts, avoiding duplicate coverage and following consistent claims procedures. FFRI shapes the global insurance strategy and collaborates closely with the company’s captive insurance entity, Fortuna. The team, based in Friedrichshafen, consists of a leader and six team members, fostering teamwork, cooperation, and cross-functional collaboration across various departments within the organization. Success hinges on open communication and a willingness to think beyond conventional boundaries.

What you can look forward to as an Insurance Analyst:

Workers’ Compensation

Support with the organization of meetings (e.g., broker, insurer, claims, captive board meetings etc.).. Provide information to different stakeholders (e.g., broker, auditor, insurer, FFRI)

Participate in claim review meetings and manage follow-up action items.

Point of contact to the broker (e.g., provide authority to broker to bind coverage, etc.)

Monthly loss billing to Captive Fortuna/insurer. Director of the Captive

Point of contact for other claims issues and data needed, including directing legal suit filings to appropriate claim adjuster

Support with allocation/invoicing of insurance premium

Interface with regulators; submit annual required documentation; arrange for payment of required fees/assessments

Manage Ohio self-insurance status with Ohio Bureau of Workers’ Compensation (BWC); complete annual renewal application and other periodic reporting; manage claims communication

Collection of renewal payroll exposure data to support insurance renewals. Coordinate annual Travelers payroll audit data collection

Your Profile as an Insurance Analyst:

At least 5 years of experience with an insurance carrier, broker or corporate risk management team

Bachelor’s Degree in Finance, Accounting or related field, or equivalent experience 

Understand (re-) insurance contracts and products (terminology, terms and conditions

Captive knowledge

Ability to communicate across multiple functions of the organization

Strong organizational, analytical and project management skills

Familiarity working with Risk Management Information Systems, implementation and data integrity and the use of systems for data management and reporting

Ability to work independently as well as in a team environment while also establishing work priorities and managing time effectively

Proficient in Microsoft Office Suite (e.g., Outlook, Excel, Word, etc.)

What we offer:

• A supportive collaborative team environment
• Annual Incentive Plan
• Paid Vacation
• Personal Time
• 401k Plan
• Health Care Benefits
• Paid Holidays
• Tuition reimbursement for educational advancement
• A strong diversity culture
• Supportive Employee Groups and community outreach activities

Be part of our ZF team as Senior Captive Insurance Analyst and apply now!

Contact

Hannah Cline

+7 34 855 2922

DIVERSITY COMMITMENT:
Diversity, Equity and Inclusion are more than just words for us. They are at the core of the ZF Way that propels our team members towards their utmost success. We strive to build and nurture a culture where inclusiveness is a natural reflex. We actively seek ways to remove barriers so that every member of ZF can rise to their full potential. We aim to embed this in our legacy through how we operate and build our products as we shape next generation mobility, safety, sustainability and social justice.

With four generations across 118 nationalities in 41 countries, ZF combines a unique variety of backgrounds, perspectives, and ideas. Together, we solve problems, drive innovation and shape next generation mobility.

Our company is committed to the principles of Equal Employment Opportunity and to providing reasonable accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment with us and are in need of accommodation or special assistance to navigate our website or to complete your application, please contact us. Requests for reasonable accommodation will be considered on a case-by-case basis. ZF is an Equal Opportunity and Affirmative Action Employer and is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law. Equal Employment Opportunity/Affirmative Action Employer M/F/Disability/Veteran