Financial Risk Analyst (Part-Time, Job-Share and Full-Time)

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!, 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

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., * 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.

So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.

The financials

• 12% defined non-contributory pension scheme.

• Annual company bonus.

• Income Protection.

• Life cover – four times your salary.

Time away

• 25 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.