Location: Flexible with regular travel to the London office
The opportunity
Join our Financial Risk & Insights team within UK Risk!
Are you ready to dive into an exciting role where you can make a real difference?
A unique opportunity has opened up in the UK Risk team, we are looking for someone who is ready to take on new challenges and provide insights into our P&C business.
This role is suited to someone with strong data skills, analytical curiosity and an understanding of insurance and financial risks, who is seeking more breadth of experience to advance and further their development.
Many of our employees work flexibly in a variety of different ways, including part-time, flexible hours, job share, an element of working from home or compressed hours. This is because we want the best people for our roles, and we recognise that sometimes those people aren’t available full-time. Please talk to us at interview about the flexibility you may need.
The team
The Financial Risk and Insights team supports the Chief Risk Officer and works with the wider UK Risk team and Zurich Group colleagues to promote a culture of sound risk awareness, support risk identification and mitigation, and provide oversight of management’s delivery of the business strategy, aligned to the risk appetite.
The team oversees first line financial risk activity in actuarial, reinsurance, investments, proposition development and pricing, engaging with a broad set of stakeholders.
The team works across the Zurich’s UK Life and UK P&C businesses. This role is P&C aligned, and it also offers opportunity to provide support to the Life Business.
And guess what? We are super flexible! Our employees work flexibly in a variety of diverse ways. This role is available part-time, as a job-share, or full-time. Why? Because we want the BEST people, and we know that sometimes, the best people have different availability. Please talk to us at interview about the flexibility you may need. We cannot wait to hear from you!
Key experience
We are looking for someone with experience of working in a Risk function, strong data skills, and a high proficiency in the use of data visualisation tools. You should be able to critically analyse information to gain insights. Knowledge of insurance and financial risks is a definite advantage. Additionally, you should be eager to develop skills in balance sheet management, reinsurance, and other risk-related topics.
What will you be doing?
Support the team with the oversight of the financial risk management framework, working closely with the UK business and its technical functions, with these responsibilities:
- Taking the lead to prepare the risk reporting and the provision of management information to key committees of the UK CRO, looking for continuous improvements
- Supporting the assurance work over model risk and the provision of reports to the Model Risk Committees
- Working collaboratively with the UK Risk team on a programme of activities to automate and simplify the Risk reporting using data visualisation and analytics tools
- Supporting the managers in the team in the monitoring of first line risk reporting
- Contributing to the analyses of emerging risk and climate change risk
- Contributing to the production of the Own Risk Assessment report
- Inputting into the wider challenge, oversight, and technical risk opinions
- Supporting the development of existing financial Risk Appetite statements and metrics
- Supporting the development of stress and scenario testing practices, enhancing the use of the Zurich Group internal model
- Providing ad hoc support to key strategic and regulatory projects
- Staying abreast of regulatory developments
- Liaising within the wider Risk teams, and key stakeholders incl. Capital, Actuarial, Pricing and Reinsurance and across the wider UK business and Group
What are we looking for?
- Analytical and problem-solving mindset, with great diligence
- Excellent verbal and written communication skills.
- Inquisitive, with an ability to influence and persuade.
- Experienced at consulting with colleagues at various levels across the business, including Group
- Initiative-taking, organised and driven to deliver to set deadlines, ability to multi-task
- Take responsibility for assigned tasks, managing expectations and stakeholders
- Good knowledge of Microsoft Office Applications such as Excel, Word and Powerpoint
- Experience in the use of data visualisation tool is a definite advantage
What happens next?
As an inclusive employer we want to ensure that all candidates feel comfortable and are able to perform at their best during the interview. You’ll have the opportunity to let us know of any reasonable adjustment or practical support needed when you apply.
Who we are:
At Zurich we aspire to be one of the most responsible and impactful businesses in the world and the best global insurer. Together we’re creating a brighter future for our customers, our people and our planet.
With over 55,000 employees in more than 170 countries, you’ll feel the support of being part of a strong and stable company who are a long-standing player in the insurance industry.
We’ve made a promise to each other and every employee; to focus on sustainable impact, to care about each other’s wellbeing, to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future.
If you're interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives and contributions - then Zurich could be just the place for you. Be part of something great.
Our Culture:
At Zurich, our sense of community is strong and we’re particularly passionate about diversity and inclusion, which we’ve won numerous awards for. We want our people to bring the whole of themselves to work and ensure everybody is made to feel welcome, regardless of their background, beliefs or culture. We want our employees to reflect the diversity of our customers, and so are committed to treating all of our applicants fairly and with respect, irrespective of their actual or assumed background, disability or any other protected characteristic.
We’ve an environment that places a real importance on our people’s wellbeing from a physical, mental, social and financial perspective. We work with our wellbeing partners and industry experts to provide the best advice and access to a wealth of lifestyle support. We’re also committed to continuous improvement and we offer access to a comprehensive range of training and development opportunities.
We’re passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity. Our charitable arm, Zurich Community Trust, is one of the longest-established corporate trusts in the UK. In that time, we’ve awarded grants and volunteered time to deserving causes in the UK valued at over £90 million. #li_hybrid
So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.
