P&C Actuary in London

Working hours: This role is available on a part-time, job-share or full-time basis. Location: Flexible with regular travel to the London office (1-2 days a week in the office).

Opportunity: Are you looking to broaden your experience and take your development to the next level? Do you enjoy working on a variety of topics and using your technical skills to help shape business decisions? If so, we have a fantastic opportunity for a qualified Property & Casualty (P&C) actuary. Join our Financial Risk and Insights team and play a key role in how we manage and oversee financial and insurance risks. Your expertise will help us find smarter ways to keep our business strong and secure. You’ll gain a holistic view of the Zurich UK P&C business and work with a wide range of colleagues and stakeholders.

The Financial Risk and Insights team supports the UK Chief Risk Officer. We work closely with the wider UK Risk team and Zurich Group colleagues to foster a culture of sound risk awareness, support risk identification and mitigation, and provide oversight of the delivery of the business strategy. The team oversees financial risk activity in actuarial, reinsurance, investments, proposition development and pricing, engaging with a broad set of stakeholders.

Responsibilities: As a P&C Risk Actuary, you will support the team to operate a robust financial risk management framework and have the chance to shape and improve our risk management processes. Specific responsibilities include:

• Supporting the Chief Risk Officer in providing challenge, oversight and risk opinions on reinsurance, reserving, product design and pricing, exposure management, business plan, solvency, and capital utilisation.
• Oversee the stress and scenario testing and driving improvements in these practices.
• Reviewing and challenging the company’s financial risk profile and helping develop existing Risk Appetite statements and metrics.
• Taking part in risk assessments, including looking at emerging risks and climate change.
• Contributing to the production of the Own Risk Assessment (ORA) report.
• Supporting key strategic and regulatory projects.
• Contributing to regulatory reporting and responding to ad hoc regulatory requests.
• Staying up to date with technical expertise, regulations, professional guidance, and deepening your understanding of the UK business and strategy.
• Building strong relationships across the wider Risk teams, and the wider UK business and Group.

Qualifications: You’ll need to be a qualified P&C actuary with at least 3 years of post-qualification experience. While risk management experience is a plus, what matters most is your enthusiasm for applying your skills in a risk-focused actuarial role and a range of risk topics. We are looking for somebody who can show:

• Strong financial skills and business awareness with a solid understanding of the UK market and regulatory environment.
• An interest in making processes better and a willingness to support automation and innovation.
• Great attention to detail with an analytical and problem-solving mindset.
• Excellent communication – both written and interpersonal so you can work well with colleagues at all levels across the business—including our Group teams.
• The ability to influence and build positive relationships.
• Self-motivation, strong organisation, and a drive to meet deadlines—even when you’re juggling several things at once.
• A sense of ownership for your work, including managing expectations and stakeholders.

Benefits: 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.

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.

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 is a longtime player in the insurance industry. 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.