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Senior Property Risk Expert

vor 2 Monaten


Zürich, Zürich, Schweiz Zürich Versicherungs-Gesellschaft AG Vollzeit
About the Role

We are seeking a highly experienced Senior Property Risk Expert to join our Commercial Insurance Risk team in Group Risk Management. As a key member of our team, you will work closely with global P&C insurance functions and Capital Modelling teams to provide risk-based insights to senior stakeholders.

Key Responsibilities
  • Act as an independent Risk adviser to P&C insurance functions, providing Risk challenge and review, including engaging in and providing independent challenge in insurance functions' decision making processes, as well as the review and challenge of governance, assurance activities and model validation.
  • Oversee the development, maintenance, and embedding of effective Risk Governance relating to insurance risk, model risk, and validation.
  • Lead and deliver independent top-down analysis and assessment of insurance risks, including review of methodology and approaches, and producing reports and documentation.
  • Lead, deliver, and oversee independent validations of P&C related models, including specifying, implementing, and executing validation tests, identifying, quantifying, and assessing weaknesses and limitations of models, and producing validation reports and documentation.
  • Provide professional support and advice to senior management, including risk insights and implications for the business.
  • Provide P&C input into the annual insurance risk review and model validation plan, and provide model knowledge and insights and advise on prioritization of model developments and change processes.
  • Provide guidance to other team members and perform peer reviews of insurance risk reviews and model validation activities performed by other team members or delegated activities.
  • Participate in group-wide projects for developing and enhancing the way Zurich manages its Insurance Risks and Model Risks by providing subject matter expertise or leading a project work stream.
  • Communicate and engage with regulators, external auditors, Group experts, the Group CRO, and the relevant Boards on P&C insurance and model risk topics.
  • Mentor and develop other professionals within Risk Management, providing input to or leading global training and people development initiatives.
Requirements
  • Bachelor's or master's degree in Mathematics/Statistics/Finance (or equivalent).
  • Fully qualified actuary in a recognized actuary body.
  • 10 or more years of relevant work experience.
  • Advanced business acumen and knowledge of the insurance industry, coupled with experience gained in the P&C insurance sector and in multiple functions (pricing, reserving, capital management).
  • Advanced understanding and experience of P&C actuarial reserving, pricing, and capital modeling concepts (including SST/SII) and risk and statistical methodologies.
  • Advanced data literacy, analytics, and visualization skills; understanding of AI modeling techniques is an advantage.
  • Advanced Risk Management Expertise, including understanding of both risks embedded in insurance products and risks in models, related processes, and underlying data; Expert Quantitative Risk Expertise.
  • Advanced problem-solving, decision-making, and judgment skills with the ability to find practical solutions in complex, multi-interest settings by showing adaptability and taking personal ownership of delivery.
  • Excellent communication, influencing, advisory, and negotiating skills and relationship building capabilities with a broad range of internal clients, including senior management.
  • Strong actuarial software and/or programming skills are an advantage.
  • Role modeling of behaviors that demonstrate commitment to Zurich values.
  • Strong focus on execution and delivery; proactive, driven, action, and outcome-oriented.
  • Experience of working with different national and business cultures.
  • Fluent English, both oral and written.