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Senior Credit Risk Officer / Specialist 80-100%


In this role you will be responsible for an important part of the group-wide Credit Risk Management and Oversight activities. You will help to set the direction and influence the way we manage Credit Risk globally. Your focus will be on Credit Risk as it relates to Reinsurance, Captives and Deductible programs. As part of the Financial Risk Governance team in Group Risk Management, you will work closely with Group Reinsurance and the Captives teams globally.


You will partner with key stakeholders risk and business teams and provide independent oversight on Credit Risk in line with Group Risk Management’s mandate.


Your strong Credit Risk background allows you to independently analyse, advise, approve Credit risk. Experience in making material credit decisions allows you to approve within a delegated authority. Your analytical abilities provide an input into our credit risk methodologies and how we calculate risk for capital management purposes. You like to add value via meaningful risk insights. In this role you will also ensure the smooth facilitation of the Corporate Reinsurance Credit Committee. We will count on you to interact with many key teams, senior management and supervisory authorities. You will work actively with highly qualified and motivated people in a diverse team.


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 for Reinsurance, Captives and Deductible programs
  • Facilitating 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, Accounting, Finance, Mathematics, or related field
  • 10+ years’ relevant experience in Credit Risk, Investments, Reinsurance, Captives or related area
  • Strong Credit Risk analytical expertise and approval background 
  • Preferably experience in Reinsurance, Insurance, Captives credit risk 
  • Excellent communication and stakeholder management skills in English including committee meeting facilitation 
  • CFA, FRM or similar qualifications would be beneficial


Additional Information


We look forward to receiving your online application. 


Zurich wants to attract the best talent and we acknowledge that talents might not always be available full-time. At Zurich we will consider requests for flexible working. Many of our employees work flexibly in a variety of ways. Please talk to us during the interview about the flexibility you may need.


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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.


You are the heart & soul of 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 highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas to encourage you to apply for new opportunities within Zurich when you are ready for your next career step. 

Let’s continue to grow together!


  • Location(s):  CH - Zürich 
  • Remote working:
  • Schedule: Full Time
  • Recruiter name: Cunningham Grace

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