Restructuring Manager / M&A Manager

Restructuring Manager / M&A Manager

Working hours: This role is available on a part-time, job-share or full-time basis.

Location: London, UK

Closing date for applications: 1st May 2026

The opportunity: 

We are seeking a proactive team player to join the restructuring team within Zurich Legacy Solutions (“ZLS”). We expect the individual to be engaging, calm under pressure, and comfortable expressing their views whilst always acting and promoting ZLS’ high ethical standards.

ZLS is a global function responsible for working with Business Units (“BUs") across the Zurich Group to manage their capital. This is achieved by taking onboard management control of legacy portfolios and transacting them in the market through long-term retrospective reinsurance solutions or by legal transfer. The team is mainly based in the UK and the US, supporting BUs across the globe.

ZLS is a high-profile team within the Zurich Group with direct reporting lines into the Head of Group Reinsurance and the Group CFO. Further, ZLS is seen as a market leader in legacy disposals across the worldwide external legacy market.

The role is to provide overall support to the transaction lead, which would encompass identification and execution of exit strategies which maximize shareholder growth, achieve finality and recycle capital back to the Zurich Group to invest in its core business. The role also involves ensuring that the business operates efficiently and that service levels are maintained while the portfolio is prepared for exit. 

The ideal candidate is a person with a finance/ business/ accounting background and experience in the insurance/ reinsurance industry. Such person would have a good knowledge of insurance accounting and would ideally have experience working on either the sale or acquisition of insurance/ reinsurance companies or portfolios.

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.

What will you be doing? 

• Activities to promote ZLS and contribute to the overall ZLS portfolio exit strategy:

• Identifying the relevant market benchmarks and trends for the run-off industry as well as any managed portfolios.
• Researching, documenting and presenting information on the buyer universe.
• Developing business relationships with buyers, sellers, reinsurers, intermediaries, external advisers and internal stakeholders to facilitate the delivery of portfolio disposal strategies.
• Supporting the onboarding and management of portfolios from across the Zurich group:
• Collaborating with local BU staff to understand and evaluate portfolio characteristics.
• Analysis of the underlying data in the portfolio and segmenting the information to identify embedded value for potential buyers.
• Discussions with Actuarial about portfolio reserving.
• Supporting in the work led by the transaction lead across Underwriting, Claims, Actuarial and Finance functions to ensure operational effectiveness before exit.
• Contributing to the delivery of high levels of customer service to ZLS’ BU partners across the Zurich group.
• Day-to-day management of sell-side transaction processes up to execution:
• Working with internal colleagues or professional advisers, preparing sale documentation and a Data Room.
• Managing buyers’ information and access requests during a live transaction process.
• Assisting ZLS legal, and external counsel where relevant, in developing a suite of legal contracts.
• Contributing to the exit strategy to maximize shareholder value and achieve finality.
• Supporting the preparation of detailed business case presentations to secure internal sign off.
• Providing post-transaction execution support:
• Working with other functions within ZLS to ensure regulatory consents are secured in advance of, or following, an exit.
• Preparing and supporting in the execution of the internal and external communication plan including staff plan for the team that works on the portfolio being exited.
• Preparing and executing a plan to ensure smooth transition to the preferred bidder and project manage separation and post closing issues.
• Preparing and executing plan for reputational issues post exit.

What are we looking for?

Required:

• Finance, Business, Accounting, Actuarial or similar degree; or a relevant professional qualification or progress towards such a professional qualification.
• Minimum 3 years’ experience in insurance / reinsurance with emphasis on insurance accounting & finance.
• Proficiency in Microsoft Word, Excel and PowerPoint; in particular experience in preparing Powerpoint presentations to a high standard.

Preferred:

• Buy or sell-side project management experience in a corporate M&A environment, including due diligence processes.
• Insurance finance & accounting knowledge with emphasis on M&A and reinsurance transaction experience.
• Interest in, and ability to, research companies and markets
• Working knowledge of the legacy insurance/ reinsurance market.

What will you get in return?

Everyone’s different. That’s why at Zurich, 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, alongside a range of other flexible benefits

You can find out more about our wide range of employee benefits on our website.

Who we are:

At Zurich we aspire to be one of the most responsible and impactful businesses in the world. Together, we’re creating a brighter future for our customers, our people and our planet.

With over 65,000 employees, you’ll feel the support of being part of a strong and stable company that is a long-standing player in the insurance industry.

We’ve made a promise to each other and every employee: to focus on sustainable impact, to care about each other’s wellbeing, to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future.

If you’re interested in working in a dynamic and challenging environment where your creativity, ideas and contributions are recognised and rewarded, Zurich could be just the place for you. Be part of something great.

Our culture:

At Zurich, our strength comes from the diverse experiences, perspectives and talents of our people. Our goal is to create a workplace where every employee can flourish and where everyone feels valued, heard and respected.

Over a quarter of our employees are members of at least one of our inclusion communities (Employee Resource Groups), with groups focused on areas such as social mobility and cultural awareness. We’re proud to have received numerous industry awards recognising our diversity and inclusion policies and initiatives.

We’ve created an environment that places 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 practical advice and access to a wide range of lifestyle support, alongside opportunities to learn, grow and develop the skills needed for the future.

We actively support our employees to give back to their communities through volunteering and charitable activity. Our charitable arm, Zurich Community Trust, is one of the longest‑established corporate trusts in the UK. Together, we’ve supported causes across the UK through grants and volunteering, contributing over £100 million in funding and volunteered time.

Your application:

We’re committed to treating all applicants fairly and with respect, irrespective of their actual or assumed background, sexual orientation, disability or any other protected characteristic.

As an inclusive employer we also 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.

We’d love it if you could submit your application online. If you require an alternative method of applying, please send an email to recruitment@uk.zurich.com

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