Head of Business Proposition 80-100%

The Capital Efficient Savings & Retirement team is part of the Savings & Retirement team which is part of Life, Health and Bank Distribution. Our focus is on on-balance sheet products that may carry significant capital amounts and finding ways to efficiently provide these through the BUs so we can grow our life business and retain more customers as they move from the accumulation to the decumulation phases of life.
The team has a flat structure and is effectively organized in two parts (where clearly there is some overlap and the intention is not to silo tasks, but to help organize work):

Proposition

• • “Front end” facing business units – “Product” and “Business” focused with the former deep on product and the latter deep on execution and business fit
  • Detailed understanding of product structures, flows and financials
  • Execution & project oriented including specific structuring solutions to address BU challenges

Structuring Analytics

• • “Back end” supporting analytics and tools
  • Asset, Liability, Capital modelling support or development as needed
  • Structuring and financing including, for example, reinsurance and side cars

What you will do 

• Drive, and support where needed, the conceptualization and execution of initiatives to realize goals including adding to Business Operating Profit (“BOP”) [100m p.a. in five years] with an acceptable IRR [14+%] while managing capital strain (Risk Based Capital requirement) to an acceptable level.
• Deliver a global, risk-aware perspective to business growth with a strong ability to get things done by balancing customer needs, financial content, organizational matters and stakeholder management and working closely with Product Proposition and other team members as needed.
• Support the setting and execution of Group strategy as it pertains to Savings and Retirement and capital efficient solutions in particular. 
• Develop existing market proposition in cooperation with BUs and Group departments and explore, shape and develop new propositions where possible – building the business case from the ground up if needed and securing stakeholder support as well analytics to support where needed – on the latter working closely with the Structuring Analytics team members to determine how best to organize and disseminate analysis (build, borrow or buy – internal or external). 
• Champion best practice technology and execution leveraging existing and new capabilities to achieve operational synergies where possible to further support growth and profitability and to improve transparency, scalability, time to market and execution.
• Challenge constructively and creatively, helping teams converge on clear decisions and pragmatic solutions.

What you bring

• Team player who understands that the team is more than the sum of its parts.
• Proven experience (15+ years) in delivering complex project / business builds in multi-jurisdictional, financial services organisations
• Ability to engage with, and lead, specialists across technical (i.e. finance, actuarial, investments) and operational domains
• Excellent communication, organizational and influencing skills
• Self-starter, resilient, problem solver
• Commercial, ambitious and outcomes focused with a clear vision and ability to communicate it
• Experience across a range of organisations e.g. large-cap, start-up, private equity etc, a plus
• Experience working in different delivery models set-ups e.g. waterfall, agile etc., a plus
• Experience working with modern technology (e.g. fintech, AI etc.) as well as working with technical specialists a plus
• German, Italian or Spanish in addition to English a plus

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: Mélina Carnal