Job Description

We are seeking a senior leader to join our Group Reinsurance (Group Re) team as Head of Risk for Group Re and regulatory CRO of Zurich Reinsurance Ltd (ZRe), based in Zurich, Switzerland.

In this role, you will partner with Group Re and ZRe management teams, providing independent risk challenge and expert risk advice to support informed decision-making and ensure robust risk management practices. You will report directly to the Risk Business Partner Group Finance, with matrix reporting lines to the Head of Group Re and to the ZRe CEO.

About Group Re and ZRe

Group Re negotiates external reinsurance treaty structures and provides internal reinsurance capacity to all Zurich legal entities.

ZRe, based in Switzerland and licensed by FINMA, delivers reinsurance solutions mainly to affiliated companies within the Zurich Group.

Your key responsibilities

• As the risk partner to the business offering independent perspective and expert risk advice on business activities and alignment to the Group and Group Re’s strategy this includes challenging the business, assessing exposures, risk appetite and mitigation options.
• Lead and inspire a team of highly skilled risk professionals, fostering a culture of deep expertise, transparency, and constructive challenge.
• Champion risk culture by promoting risk awareness and prudent risk-taking across Group Re and ZRe, embedding the Enterprise Risk Management (ERM) framework and regulatory requirements as the foundation for all risk activities.
• Enable informed decisions by delivering timely, actionable risk analyses to help management identify key risks and leading the production of the Own Risk and Solvency Assessment (ORSA) for ZRe.
• Embed risk frameworks by supporting and monitoring the implementation of Zurich’s risk management frameworks, including the Zurich Risk Policy and the ICIF (Internal Control Integrated Framework) ensuring business processes align with Group standards and regulatory requirements, and that mitigation plans are effectively executed.
• Act as the local responsible for model governance, ensuring effective oversight and alignment with Zurich’s model risk framework for Group Re and ZRe.
• Deliver transparent risk reporting and actionable insights to Group Re and ZRe management meetings, as well as technical committees (such as ALMIC and Reserving).
• Lead and chair the ZRe Risk Control Committee (RCC) and regularly report risk insights to the ZRe Audit and Risk Committee (ARC) and the Board.
• Facilitate alignment and collaboration with related functions (Compliance, Audit, Legal, Treasury &, Capital Management).
• Support the growth and development of risk talent across the Group Re organization, fostering collaboration and knowledge sharing.

What you bring

• Minimum 15 years’ professional experience in the insurance industry, preferably with experience in underwriting. Knowledge of reinsurance or pricing an added advantage.
• Bachelor’s degree or equivalent qualification.
• Experience in or working with control functions such as Risk, Compliance, Audit, or other internal control and governance function; good knowledge of operational systems and processes.
• Good knowledge of insurance regulation (including FINMA requirements and the Insurance Act).
• Demonstrated ability to work with senior leaders progressing through roles of increasing responsibility. Preferably experience working with regulators and/or independent Board members.
• Outstanding communication, influencing, and negotiation skills.
• Strategic mindset, operational excellence, and resilience in complex, changing environments. Service-oriented, collaborative approach, and ability to think holistically.
• Fluent oral and written English is essential, strong oral and written German is preferred

Ready to partner with us in shaping Zurich’s Group Re risk management?

If so, we look forward to your application.

You belong here.

Imagine working in one of the world’s most sustainable workplaces. At Quai Zurich Campus, you’ll enjoy an environment designed to help you thrive, with benefits that support your well-being and impact, and opportunities to perform at your best, surrounded by top talent and supportive colleagues.

You’ll have access to healthy food options, fitness facilities, and bright, collaborative spaces that spark creativity. Located in the heart of Zurich on the shores of Lake Zurich, the campus offers excellent public transportation links, making your commute simple.

Grow with us through access to learning resources, on-the-job development, and continuous empowerment and support. Be part of a team that is creating a brighter future together.

About Us

Zurich is a leading multi-line insurer, serving over 82 million customers in more than 200 countries and territories with more than 65,000 employees.
For over 150 years, Zurich has been transforming insurance – offering not just protection, but also prevention services that promote well-being and climate resilience.

Guided by our purpose to ‘create a brighter future together,’ we aim to be one of the most responsible and impactful businesses in the world.
We look forward to receiving your online application today!

Information for recruitment agencies

Zurich does not accept any applications from recruitment agencies for this position. We refuse any responsibility for unsolicited applications, as well as any associated fees.

Why Zurich

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?

We are an equal opportunity employer who knows that each employee is unique - that’s what makes our team so great!
Join us as we constantly explore new ways to protect our customers and the planet

• Location(s): CH - Zürich
• Remote working: No
• Schedule: Full Time
• Recruiter name: Natalia Dzieglo