# Head of Risk (Qualified Actuary)Head of Risk (Qualified Actuary)Salary£NegotiableLocationDorking, UKContractPermanentIndustryLife Insurance ContactNaomi Head of Risk will support the CRO in managing risk exposures, ensuring they are identified, assessed, and controlled. Responsibilities include overseeing risk strategy, advising leadership, managing risk reporting, and leading operational risk oversight. The role requires a qualified actuary with significant experience in risk management within insurance. Visa sponsorship cannot be offered now or in the future. 1. About the role: Support the CRO in managing and reporting on risk exposures, ensuring appropriate identification, assessment, control, and reporting of risks. Oversee the development and execution of the risk strategy and framework, ensuring alignment with business risk appetite. Lead the annual ORSA process, risk reporting, and horizon scanning for emerging risks. Collaborate with the risk and finance teams to ensure actuarial methodologies reflect best practices and meet regulatory requirements. Lead operational risk management, supporting actuarial teams in identifying and mitigating financial and non-financial risks. Provide actuarial expertise for risk validation and integration into the company's broader risk and capital management framework. Ensure compliance with regulatory requirements (such as Solvency II) and guide leadership on risk-related matters. 2. About you: Qualified actuary with a strong background in risk management, particularly in the insurance sector. Extensive actuarial experience in financial services, including leadership roles with expertise in governance, risk management, and compliance. Proficient in regulatory frameworks like Solvency II, ORSA, and the application of actuarial methodologies. Strong communicator, able to translate complex actuarial and risk data into clear insights for senior leadership. Experienced in project management, able to balance competing priorities and meet deadlines. Visa sponsorship cannot be offered now or in the future, so applicants must have the right to work in the UK. Play a pivotal role in shaping the company's risk management strategy while applying your actuarial expertise. Lead risk management in a respected financial services firm, making meaningful contributions to strategy, reporting, and compliance. Collaborate with senior leadership and contribute to a robust risk culture.
Feb 27, 2026
Full time
# Head of Risk (Qualified Actuary)Head of Risk (Qualified Actuary)Salary£NegotiableLocationDorking, UKContractPermanentIndustryLife Insurance ContactNaomi Head of Risk will support the CRO in managing risk exposures, ensuring they are identified, assessed, and controlled. Responsibilities include overseeing risk strategy, advising leadership, managing risk reporting, and leading operational risk oversight. The role requires a qualified actuary with significant experience in risk management within insurance. Visa sponsorship cannot be offered now or in the future. 1. About the role: Support the CRO in managing and reporting on risk exposures, ensuring appropriate identification, assessment, control, and reporting of risks. Oversee the development and execution of the risk strategy and framework, ensuring alignment with business risk appetite. Lead the annual ORSA process, risk reporting, and horizon scanning for emerging risks. Collaborate with the risk and finance teams to ensure actuarial methodologies reflect best practices and meet regulatory requirements. Lead operational risk management, supporting actuarial teams in identifying and mitigating financial and non-financial risks. Provide actuarial expertise for risk validation and integration into the company's broader risk and capital management framework. Ensure compliance with regulatory requirements (such as Solvency II) and guide leadership on risk-related matters. 2. About you: Qualified actuary with a strong background in risk management, particularly in the insurance sector. Extensive actuarial experience in financial services, including leadership roles with expertise in governance, risk management, and compliance. Proficient in regulatory frameworks like Solvency II, ORSA, and the application of actuarial methodologies. Strong communicator, able to translate complex actuarial and risk data into clear insights for senior leadership. Experienced in project management, able to balance competing priorities and meet deadlines. Visa sponsorship cannot be offered now or in the future, so applicants must have the right to work in the UK. Play a pivotal role in shaping the company's risk management strategy while applying your actuarial expertise. Lead risk management in a respected financial services firm, making meaningful contributions to strategy, reporting, and compliance. Collaborate with senior leadership and contribute to a robust risk culture.
Lloyd's is the world's leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market's brightest minds, working together for a braver world.Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that's more sustainable, resilient and inclusive, you'll find a home at Lloyd's - build a braver future with us.Lloyd's are recruiting for a Senior Actuary, Capital Oversight this role is a Senior Actuarial Position, demonstrating technical expertise and management of work areas within the Capital Oversight team. Principal Accountabilities Syndicate Capital Reviews Independently conduct reviews of syndicate-level capital, including: Assessing capital requirements across key risk areas such as premium, reserve, market, credit, and operational risks, as well as diversification and dependency assumptions. Evaluating key metrics (e.g., movement metrics and benchmarks) and critically reviewing syndicates' justifications, which may involve analysis of validation results. Reviewing syndicates against the Capital Principle of the Principles of Doing Business at Lloyd's. Reviews will include annual reviews of syndicate capital, major model change reviews, deep dive reviews, governance reviews and reviews of internal model applications (IMAPs). In addition, they will include capital reviews of new entrants to the Lloyd's market, for example for syndicates setting capital using the Lloyd's Standard Model. There may also be the opportunity to contribute to thematic reviews. Communications Interact with external stakeholders, including being a designated point of contact for managing agents, which includes interaction with managing agent actuarial teams matters arising as part of capital oversight. Present findings and recommendations to the Actuarial Oversight Review Group (AORG), articulating conclusions on capital model assessments and syndicate capital adequacy, and effectively responding to challenges. Liaise with internal teams as required as part of capital review or other oversight activity, including Syndicate Performance, Exposure Management and Outwards Reinsurance to ensure consistent and co-ordinated approaches. Contribute to communications and/or briefings with the market and the regulator. Leadership expectations Lead the work of and coach more junior members of the team. providing guidance and technical assistance. Potential line management responsibilities for junior team members in the syndicate capital team. Assume project leads responsibilities, managing these projects to successful delivery Provide internal training to the capital oversight team, or other Lloyd's teams. Support the Head of Capital Oversight with respect of the strategic direction of the team Skills/Knowledge/Experience Significant experience in non-life insurance and capital modelling. Knowledge of actuarial techniques and regulatory frameworks relevant to capital oversight. Experience in delivering complex work output, including supervising work, and communicating this to an audience. Ability to design and implements analytical approaches to address specific questions and suggests solutions to any practical barriers to the completion of analysis, drawing on experience from related work areas. Ability to lead and coach more junior members of the team. Project management skills with experience in delivering complex initiatives. Excellent communication and stakeholder management skills, able to influence and collaborate effectively. Familiarity with IT tools (Excel, SharePoint). Diversity and inclusion are a focus for us - Lloyd's aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments,we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our .We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.Should you require any additional support with your application, or any adjustments, please click the following link; Please note, clicking on this link does not register your application for the vacancy Our role is to inspire courage, so tomorrow's progress isn't limited by today's risks. Lloyd's aim is to build a diverse, inclusive environment that reflects the global markets we work in and in which everyone is treated with dignity and respect.We will invest in attracting the best talent to Lloyd's, making sure recruitment is targeted at bringing in the skills we need to evolve.We will develop a talent pipeline that provides us with the key capabilities we will need for the future. To also create a culture in which every employee fulfils their full potential, ensuring that leaders role-model the behaviours we expect in ourselves and others.
Feb 27, 2026
Full time
Lloyd's is the world's leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market's brightest minds, working together for a braver world.Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that's more sustainable, resilient and inclusive, you'll find a home at Lloyd's - build a braver future with us.Lloyd's are recruiting for a Senior Actuary, Capital Oversight this role is a Senior Actuarial Position, demonstrating technical expertise and management of work areas within the Capital Oversight team. Principal Accountabilities Syndicate Capital Reviews Independently conduct reviews of syndicate-level capital, including: Assessing capital requirements across key risk areas such as premium, reserve, market, credit, and operational risks, as well as diversification and dependency assumptions. Evaluating key metrics (e.g., movement metrics and benchmarks) and critically reviewing syndicates' justifications, which may involve analysis of validation results. Reviewing syndicates against the Capital Principle of the Principles of Doing Business at Lloyd's. Reviews will include annual reviews of syndicate capital, major model change reviews, deep dive reviews, governance reviews and reviews of internal model applications (IMAPs). In addition, they will include capital reviews of new entrants to the Lloyd's market, for example for syndicates setting capital using the Lloyd's Standard Model. There may also be the opportunity to contribute to thematic reviews. Communications Interact with external stakeholders, including being a designated point of contact for managing agents, which includes interaction with managing agent actuarial teams matters arising as part of capital oversight. Present findings and recommendations to the Actuarial Oversight Review Group (AORG), articulating conclusions on capital model assessments and syndicate capital adequacy, and effectively responding to challenges. Liaise with internal teams as required as part of capital review or other oversight activity, including Syndicate Performance, Exposure Management and Outwards Reinsurance to ensure consistent and co-ordinated approaches. Contribute to communications and/or briefings with the market and the regulator. Leadership expectations Lead the work of and coach more junior members of the team. providing guidance and technical assistance. Potential line management responsibilities for junior team members in the syndicate capital team. Assume project leads responsibilities, managing these projects to successful delivery Provide internal training to the capital oversight team, or other Lloyd's teams. Support the Head of Capital Oversight with respect of the strategic direction of the team Skills/Knowledge/Experience Significant experience in non-life insurance and capital modelling. Knowledge of actuarial techniques and regulatory frameworks relevant to capital oversight. Experience in delivering complex work output, including supervising work, and communicating this to an audience. Ability to design and implements analytical approaches to address specific questions and suggests solutions to any practical barriers to the completion of analysis, drawing on experience from related work areas. Ability to lead and coach more junior members of the team. Project management skills with experience in delivering complex initiatives. Excellent communication and stakeholder management skills, able to influence and collaborate effectively. Familiarity with IT tools (Excel, SharePoint). Diversity and inclusion are a focus for us - Lloyd's aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments,we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our .We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.Should you require any additional support with your application, or any adjustments, please click the following link; Please note, clicking on this link does not register your application for the vacancy Our role is to inspire courage, so tomorrow's progress isn't limited by today's risks. Lloyd's aim is to build a diverse, inclusive environment that reflects the global markets we work in and in which everyone is treated with dignity and respect.We will invest in attracting the best talent to Lloyd's, making sure recruitment is targeted at bringing in the skills we need to evolve.We will develop a talent pipeline that provides us with the key capabilities we will need for the future. To also create a culture in which every employee fulfils their full potential, ensuring that leaders role-model the behaviours we expect in ourselves and others.
Our role is to inspire courage, so tomorrow's progress isn't limited by today's risks. Operation and development of the Lloyd's Internal Model (LIM) Calculation of market wide and Central Fund capital requirements. Ownership of the member capital calculation Supporting uses of the model across the corporation, including investment decisions Manage the annual update of the LIM to produce the Lloyd's capital requirement on several bases (over a one year and ultimate time horizon, sensitivities, with incremental changes for bridging analyses, etc) Review and challenge LIM results, providing analysis of change between updates for specific areas Support the LIM validation process Manage and promote LIM uses in the wider Lloyd's business, e.g. for the purpose of monitoring risk appetites Investigate differences between Lloyd's view of syndicate risk and syndicates' own viewManage the annual update of the LIM to produce syndicate & member capital requirements on several bases (over a one year and ultimate time horizon, with incremental changes for bridging analyses, etc.) Manage the regular update of the documentation of the LIM to ensure that it remains fit for purpose, useful and complies with regulatory requirements. During a Major Model change application, support in co-ordination and delivery of the documentation package. This requires direct production of key documents and drawing on technical resource to deliver supporting documentation Experience in non-life insurance work, preferably with some exposure across a range of work areas and significant capital modelling experience. Experience in leading project work to completion. Knowledge of the actuarial techniques involved in non-life insurance capital work, including the requirements of UK Solvency II. Knowledge of various IT tools including Excel, Word, PowerPoint. Knowledge of capital modelling tools including Tyche, Remetrica, Igloo or similar. Knowledge of programming languages including R, Python or similar Qualified as a fellow of the Institute and Faculty of Actuaries (or equivalent)Diversity and inclusion are a focus for us - Lloyd's aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments,we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our . We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes. Lloyd's aim is to build a diverse, inclusive environment that reflects the global markets we work in and in which everyone is treated with dignity and respect.We will invest in attracting the best talent to Lloyd's, making sure recruitment is targeted at bringing in the skills we need to evolve.We will develop a talent pipeline that provides us with the key capabilities we will need for the future. To also create a culture in which every employee fulfils their full potential, ensuring that leaders role-model the behaviours we expect in ourselves and others.
Feb 20, 2026
Full time
Our role is to inspire courage, so tomorrow's progress isn't limited by today's risks. Operation and development of the Lloyd's Internal Model (LIM) Calculation of market wide and Central Fund capital requirements. Ownership of the member capital calculation Supporting uses of the model across the corporation, including investment decisions Manage the annual update of the LIM to produce the Lloyd's capital requirement on several bases (over a one year and ultimate time horizon, sensitivities, with incremental changes for bridging analyses, etc) Review and challenge LIM results, providing analysis of change between updates for specific areas Support the LIM validation process Manage and promote LIM uses in the wider Lloyd's business, e.g. for the purpose of monitoring risk appetites Investigate differences between Lloyd's view of syndicate risk and syndicates' own viewManage the annual update of the LIM to produce syndicate & member capital requirements on several bases (over a one year and ultimate time horizon, with incremental changes for bridging analyses, etc.) Manage the regular update of the documentation of the LIM to ensure that it remains fit for purpose, useful and complies with regulatory requirements. During a Major Model change application, support in co-ordination and delivery of the documentation package. This requires direct production of key documents and drawing on technical resource to deliver supporting documentation Experience in non-life insurance work, preferably with some exposure across a range of work areas and significant capital modelling experience. Experience in leading project work to completion. Knowledge of the actuarial techniques involved in non-life insurance capital work, including the requirements of UK Solvency II. Knowledge of various IT tools including Excel, Word, PowerPoint. Knowledge of capital modelling tools including Tyche, Remetrica, Igloo or similar. Knowledge of programming languages including R, Python or similar Qualified as a fellow of the Institute and Faculty of Actuaries (or equivalent)Diversity and inclusion are a focus for us - Lloyd's aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments,we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our . We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes. Lloyd's aim is to build a diverse, inclusive environment that reflects the global markets we work in and in which everyone is treated with dignity and respect.We will invest in attracting the best talent to Lloyd's, making sure recruitment is targeted at bringing in the skills we need to evolve.We will develop a talent pipeline that provides us with the key capabilities we will need for the future. To also create a culture in which every employee fulfils their full potential, ensuring that leaders role-model the behaviours we expect in ourselves and others.
Select how often (in days) to receive an alert: 60% Part-Time Chief Risk Officer Zurich Legacy Solutions ("ZLS") 130738 Location: Remote/Hybrid working with some office presence in either United Kingdom - London or United States - Schaumburg Closing date for applications: 24th February 2026 We are looking for a senior leader within Group Finance who will assume responsibility as Chief Risk Officer for Zurich Legacy Solutions (ZLS) either based in UK (London) or US (Schaumburg) and reporting directly to the Risk Business Partner, Group Finance and a matrix reporting line to the CEO ZLS. ZLS is the trusted partner for run-off and exit solutions relating to Zurich Insurance Group's legacy businesses and under-performing, non-core portfolios. Our current portfolio stands at USD 4bn and covers P&C and life insurance exposures across the US, Europe, and APAC. ZLS works closely with relevant Business Units to find strategic solutions for legacy issues, aiming to accelerate capital redemption and maximize economic value. Engagement can include executing portfolio disposals, as well as managing the ongoing run-off and future performance of portfolios or legal entities. ZLS is a management entity with a reporting line into the Head of Group Reinsurance, within Group Finance. In this role you will be the accountable Chief Risk Officer for ZLS within the 2nd line of defence with responsibility for risk assessments, advisory and control of all material risks (including compliance) for ZLS and for the implementation of Group Risk Management frameworks. Acts as the Risk Business Partner to the local ExCo members. This is an individual contributor role with contributions provided from within Finance and Operations teams. You will support ZLS management team in its task of identifying and assessing risks at an early stage and support the business to address management measures or consciously taking risks. You enable the management team to be properly informed about the risk profile through risk reports and the Risk & Control Committee and contribute to informed decision making. In addition, you are responsible for risk related regulatory reporting and support management in complying with regulatory and legal requirements. What will you be doing? Providing consistent and reliable information management needs for a 360 view of risks and risk related decision making. It includes overseeing the regulatory reporting requirements for US and Bermuda based legal entities. Timely escalation of material local risk items to the Risk Business Partner, Group Finance and if required the Group CRO Advising management with the risks associated with ZLS projects to onboard and dispose of portfolios Conducting risk assessments (Total Risk Profiling) and analyses to identify risks and problems early and ensuring that measures are defined and monitored for both projects and ongoing portfolios under ZLS management Overseeing the production of relevant policies and other governance documents Ensuring the appropriate implementation of internal controls under the Group's ICIF (Internal Control Integrated Framework) Ensuring adherence to the Group's Zurich Risk Policy and Group Compliance policies Reviewing and challenging the risk appetite and tolerance for areas of responsibility Overseeing assurance activities, validating findings and observations with relevant stakeholders and reviewing results Supporting and monitoring of the operational risks (e.g. business resilience, third party risks, data risks etc) Reporting risk topics to a local risk and control committees, local ExCo and local Boards Advising management on regulatory standards/regulations and preparing risk related regulatory reports (e.g. ORSA) What are we looking for? Extensive professional experience in the insurance industry, preferably with strong experience in P&C insurance or actuarial; knowledge regarding the management of run off portfolios, M&A transactions and operational migrations an advantage. Strong experience in control functions (Compliance, Audit, Risk, or other internal control and governance function) Good knowledge of regulatory reporting an advantage Demonstrated ability to work with senior leaders and has progressed with positions of increasing responsibility Strong focus on execution and delivery, showing strategic ability combined with sound operational skills, and an ability to support change, displaying both persistence and resilience Able to manage ambiguity, different requirements and challenging deadlines Self starter with the ability to work effectively and both independently Excellent communication, influencing and negotiation skills Demonstrated commitment to corporate values Master's degree (e.g. business administration, law, mathematics or actuarial) or equivalent. 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. What will you get in return? Everyone's different. That's why at Zurich, we offer a wide range of employee benefits so our people can choose what fits them and their life. Our benefits provide real flexibility so our people can make considered choices and tailor their benefits throughout the year. Our benefits include 12% defined non contributory pension scheme, annual company bonus, private medical insurance and the option to buy up to an additional 20 days or sell some of your holiday. 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. Health and Wellbeing 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. Volunteering and Community 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. Financials 12% defined non contributory pension scheme. Annual company bonus. Income Protection. Life cover - four times your salary. Time away 28 days holiday a year plus bank holidays. You can also request to swap UK bank holidays for days off that have cultural or religious significance to you. The option to buy up to an additional 20 days or sell some of your holiday. Three days paid volunteering. Up to 16 weeks' full pay for maternity, paternity and adoption leave. Your health is important to us Access to Private medical insurance. Virtual GP appointments. Discounted gym membership. Free flu jab. Access to a wealth of support from our wellbeing partners. We're making a difference Creating a brighter, more sustainable future underpins all that we do here in Zurich. We were the first insurer to sign the 'UN Business Ambition for 1.5 C' pledge. Our charitable arm, Zurich Community Trust, has awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.
Feb 13, 2026
Full time
Select how often (in days) to receive an alert: 60% Part-Time Chief Risk Officer Zurich Legacy Solutions ("ZLS") 130738 Location: Remote/Hybrid working with some office presence in either United Kingdom - London or United States - Schaumburg Closing date for applications: 24th February 2026 We are looking for a senior leader within Group Finance who will assume responsibility as Chief Risk Officer for Zurich Legacy Solutions (ZLS) either based in UK (London) or US (Schaumburg) and reporting directly to the Risk Business Partner, Group Finance and a matrix reporting line to the CEO ZLS. ZLS is the trusted partner for run-off and exit solutions relating to Zurich Insurance Group's legacy businesses and under-performing, non-core portfolios. Our current portfolio stands at USD 4bn and covers P&C and life insurance exposures across the US, Europe, and APAC. ZLS works closely with relevant Business Units to find strategic solutions for legacy issues, aiming to accelerate capital redemption and maximize economic value. Engagement can include executing portfolio disposals, as well as managing the ongoing run-off and future performance of portfolios or legal entities. ZLS is a management entity with a reporting line into the Head of Group Reinsurance, within Group Finance. In this role you will be the accountable Chief Risk Officer for ZLS within the 2nd line of defence with responsibility for risk assessments, advisory and control of all material risks (including compliance) for ZLS and for the implementation of Group Risk Management frameworks. Acts as the Risk Business Partner to the local ExCo members. This is an individual contributor role with contributions provided from within Finance and Operations teams. You will support ZLS management team in its task of identifying and assessing risks at an early stage and support the business to address management measures or consciously taking risks. You enable the management team to be properly informed about the risk profile through risk reports and the Risk & Control Committee and contribute to informed decision making. In addition, you are responsible for risk related regulatory reporting and support management in complying with regulatory and legal requirements. What will you be doing? Providing consistent and reliable information management needs for a 360 view of risks and risk related decision making. It includes overseeing the regulatory reporting requirements for US and Bermuda based legal entities. Timely escalation of material local risk items to the Risk Business Partner, Group Finance and if required the Group CRO Advising management with the risks associated with ZLS projects to onboard and dispose of portfolios Conducting risk assessments (Total Risk Profiling) and analyses to identify risks and problems early and ensuring that measures are defined and monitored for both projects and ongoing portfolios under ZLS management Overseeing the production of relevant policies and other governance documents Ensuring the appropriate implementation of internal controls under the Group's ICIF (Internal Control Integrated Framework) Ensuring adherence to the Group's Zurich Risk Policy and Group Compliance policies Reviewing and challenging the risk appetite and tolerance for areas of responsibility Overseeing assurance activities, validating findings and observations with relevant stakeholders and reviewing results Supporting and monitoring of the operational risks (e.g. business resilience, third party risks, data risks etc) Reporting risk topics to a local risk and control committees, local ExCo and local Boards Advising management on regulatory standards/regulations and preparing risk related regulatory reports (e.g. ORSA) What are we looking for? Extensive professional experience in the insurance industry, preferably with strong experience in P&C insurance or actuarial; knowledge regarding the management of run off portfolios, M&A transactions and operational migrations an advantage. Strong experience in control functions (Compliance, Audit, Risk, or other internal control and governance function) Good knowledge of regulatory reporting an advantage Demonstrated ability to work with senior leaders and has progressed with positions of increasing responsibility Strong focus on execution and delivery, showing strategic ability combined with sound operational skills, and an ability to support change, displaying both persistence and resilience Able to manage ambiguity, different requirements and challenging deadlines Self starter with the ability to work effectively and both independently Excellent communication, influencing and negotiation skills Demonstrated commitment to corporate values Master's degree (e.g. business administration, law, mathematics or actuarial) or equivalent. 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. What will you get in return? Everyone's different. That's why at Zurich, we offer a wide range of employee benefits so our people can choose what fits them and their life. Our benefits provide real flexibility so our people can make considered choices and tailor their benefits throughout the year. Our benefits include 12% defined non contributory pension scheme, annual company bonus, private medical insurance and the option to buy up to an additional 20 days or sell some of your holiday. 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. Health and Wellbeing 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. Volunteering and Community 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. Financials 12% defined non contributory pension scheme. Annual company bonus. Income Protection. Life cover - four times your salary. Time away 28 days holiday a year plus bank holidays. You can also request to swap UK bank holidays for days off that have cultural or religious significance to you. The option to buy up to an additional 20 days or sell some of your holiday. Three days paid volunteering. Up to 16 weeks' full pay for maternity, paternity and adoption leave. Your health is important to us Access to Private medical insurance. Virtual GP appointments. Discounted gym membership. Free flu jab. Access to a wealth of support from our wellbeing partners. We're making a difference Creating a brighter, more sustainable future underpins all that we do here in Zurich. We were the first insurer to sign the 'UN Business Ambition for 1.5 C' pledge. Our charitable arm, Zurich Community Trust, has awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.