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

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

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.

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.

This role is P&C aligned, and it also offers opportunity to provide support to the Life Business.

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.

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’re passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity.

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