Assistant Treasurer
About the position
Zurich North America is seeking a highly motivated and strategic finance leader to join our team as Assistant Treasurer. In this critical role, you will lead the planning, optimization, and oversight of cash flows and liquidity across our U.S. legal entities and businesses. You will work cross-functionally with Finance, Risk, Treasury, and Business Unit leaders to ensure the organization maintains strong financial resilience while supporting growth, investment, and strategic priorities.
Responsibilities
• Manage day-to-day cash positioning, forecasting, and liquidity planning for U.S. insurance legal entities, holding companies, and services companies.
• Act as a primary U.S. point of contact for Group Treasury on cash pooling, call deposit, FX exposures and hedging.
• Coordinate intercompany cash movements, dividends, capital contributions, and internal funding arrangements in compliance with U.S. insurance regulations and group treasury policies.
• Identify, monitor, and report FX exposures arising from cross-border cash flows, intercompany balances, reinsurance arrangements, and investment activities.
• Coordinate FX hedging transactions in accordance with Group Treasury policies and delegated authorities.
• Ensure appropriate documentation, valuation, settlement, and reporting of FX instruments, including coordination with accounting on hedge treatment where applicable.
• Serve as the primary treasury liaison to the investment management team on cash flow and management, short-duration portfolios, and liquidity planning.
• Manage relationships with banking partners, including account structures, cash concentration, payment services, and fee negotiations.
• Lead periodic bank relationship reviews and support bank RFPs, onboarding, and rationalization initiatives.
• Identify and manage treasury-related risks, including liquidity, FX, interest rate, counterparty, and operational risk.
• Maintain compliance with RACE requirements, U.S. insurance regulations, and group treasury policies.
• Support internal and external audits related to treasury activities.
Requirements
• Bachelors Degree and 10 or more years of experience in the Finance or Accounting or Economics area
• Experience in treasury and capital management issues in a financial services
Nice-to-haves
• Bachelor’s degree in finance, accounting, economics, or a related field required; MBA, CPA, CFA, or CTP strongly preferred
• 10+ years of experience in treasury, corporate finance, or insurance finance; Prior exposure to multinational or cross-border treasury operations preferred
• Hands-on experience with FX exposure management and hedging instruments
• Familiarity with intercompany funding structures and cross-border cash management
• Ability to operate effectively in a matrix organization with both local and group stakeholders
• Strong communication skills across cultures, time zones, and regulatory environments
• High attention to detail, sound judgment, and a strong control mindset
• Proactive, collaborative, and adaptable approach to problem-solving
Benefits
• Your pay at Zurich is based on your role, location, skills, and experience.
• You may also be eligible for bonuses and merit increases.
• We offer competitive pay and comprehensive benefits for employees and their families.
• We offer growth, inclusion, and a supportive environment—so you can help shape the future of insurance.
Apply tot his job
Apply To this Job
Zurich North America is seeking a highly motivated and strategic finance leader to join our team as Assistant Treasurer. In this critical role, you will lead the planning, optimization, and oversight of cash flows and liquidity across our U.S. legal entities and businesses. You will work cross-functionally with Finance, Risk, Treasury, and Business Unit leaders to ensure the organization maintains strong financial resilience while supporting growth, investment, and strategic priorities.
Responsibilities
• Manage day-to-day cash positioning, forecasting, and liquidity planning for U.S. insurance legal entities, holding companies, and services companies.
• Act as a primary U.S. point of contact for Group Treasury on cash pooling, call deposit, FX exposures and hedging.
• Coordinate intercompany cash movements, dividends, capital contributions, and internal funding arrangements in compliance with U.S. insurance regulations and group treasury policies.
• Identify, monitor, and report FX exposures arising from cross-border cash flows, intercompany balances, reinsurance arrangements, and investment activities.
• Coordinate FX hedging transactions in accordance with Group Treasury policies and delegated authorities.
• Ensure appropriate documentation, valuation, settlement, and reporting of FX instruments, including coordination with accounting on hedge treatment where applicable.
• Serve as the primary treasury liaison to the investment management team on cash flow and management, short-duration portfolios, and liquidity planning.
• Manage relationships with banking partners, including account structures, cash concentration, payment services, and fee negotiations.
• Lead periodic bank relationship reviews and support bank RFPs, onboarding, and rationalization initiatives.
• Identify and manage treasury-related risks, including liquidity, FX, interest rate, counterparty, and operational risk.
• Maintain compliance with RACE requirements, U.S. insurance regulations, and group treasury policies.
• Support internal and external audits related to treasury activities.
Requirements
• Bachelors Degree and 10 or more years of experience in the Finance or Accounting or Economics area
• Experience in treasury and capital management issues in a financial services
Nice-to-haves
• Bachelor’s degree in finance, accounting, economics, or a related field required; MBA, CPA, CFA, or CTP strongly preferred
• 10+ years of experience in treasury, corporate finance, or insurance finance; Prior exposure to multinational or cross-border treasury operations preferred
• Hands-on experience with FX exposure management and hedging instruments
• Familiarity with intercompany funding structures and cross-border cash management
• Ability to operate effectively in a matrix organization with both local and group stakeholders
• Strong communication skills across cultures, time zones, and regulatory environments
• High attention to detail, sound judgment, and a strong control mindset
• Proactive, collaborative, and adaptable approach to problem-solving
Benefits
• Your pay at Zurich is based on your role, location, skills, and experience.
• You may also be eligible for bonuses and merit increases.
• We offer competitive pay and comprehensive benefits for employees and their families.
• We offer growth, inclusion, and a supportive environment—so you can help shape the future of insurance.
Apply tot his job
Apply To this Job