Credit Risk Specialist (temporary contract until December 2026)

Are you motivated by the challenge of overseeing complex financial risks and influencing risk management at a leading global insurer? 
In this role, you’ll support Senior Credit Officers and the Head of Financial Risk Governance, focusing on evaluating and providing recommendation for credit risk approvals and refining group-wide policies and processes. Your expertise covers credit risk in reinsurance, credit insurance, and investments (fixed income, private debt, structured credit), working closely with diverse stakeholders.

As a Credit Risk Specialist, you provide independent advice and empower Group Risk Management’s mandate through meaningful risk insights. Your work makes a difference by upholding Zurich’s reliability and forward-thinking values, fostering innovation in risk governance. Grow your career in an optimistic and results-oriented environment, where together we create a brighter future.

What you will do

• Partnering and advising business stakeholders and the broader risk team to promote a strong risk culture including effective credit assessment, approval, monitoring, and reporting practices.
• Overseeing Credit Risk portfolio quality and governance.
• Supporting the facilitation of the Corporate Reinsurance Credit Committee including the preparation of agenda, portfolio analysis, maintenance of the Committee charter etc.
• Maintaining and developing of policy and minimum risk management standards.
• Preparing Group Risk Management contributions for Management, Board, and the Zurich annual review reporting as it relates to Credit Risk.
• Maintain and co-ordinate approvals for Reinsurance and Reinsurance Broker approved lists.
• Evolving and collaborating on exposure measurement methodologies.
• Providing risk insights to management via deep dives and Quarterly Risk Reporting.
• Ensuring policy adherence and ERM processes are implemented as it relates to the team’s responsibilities.
• Driving ongoing efficiency, process, and system improvements, including automation of controls and system workflows in close collaboration with our Credit Support and Development teams.
  
  

What you bring

• Master’s degree in Economics, Finance, Mathematics, or related field.
• 6-10+ years’ relevant experience in Credit Risk Analysis from a banking, insurance or reinsurance background.
• Understanding and preferably experience in developing Credit risk frameworks, policies, methodologies and processes.
• Strong Credit Risk analytical expertise and referral background.
• Preferably experience in Reinsurance, Insurance, Captives credit risk.
• Excellent communication and stakeholder management skills in English including meeting facilitation.
• Resilience and ability to manage change in a complex international organisation.
• CFA, FRM or similar qualifications would be beneficial.
  
  

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 75 million customers in more than 200 countries and territories with around 63,000 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:
• Schedule: Full Time
• Recruiter name: Natalia Dzieglo