Senior Quantitative Specialist

Are you interested in quantitative risk management and have a keen eye for detail? We are seeking a Senior Quantitative Specialist for our Model Risk team in Group Risk Management. 

In this role, you will be responsible for the independent validation of Zurich Group’s most material models, with a focus on non‑insurance risk models such as market risk, credit risk and aggregation components of the Group Internal Models. You will work on models used for Solvency II and the Swiss Solvency Test, as well as selected strategic models supporting valuation and risk‑based decision‑making.

This is a full‑time position (80–100%) offering broad exposure to Group‑wide methodologies and senior stakeholders, and an excellent opportunity for a seasoned professional to independently challenge models in a complex, global environment.

What you will do

• Lead and/or contribute to independent validations of the Group’s most material non‑insurance models.
• Design and execute risk‑based validation test plans, covering model design, data, implementation, documentation, governance and compliance.
• Develop and maintain validation tools and quantitative analyses in support of independent challenge.
• Assess model strengths and weaknesses, form independent validation opinions, and identify findings and recommendations.
• Document validation outcomes, draft high‑quality validation reports, and present conclusions to Senior Management and/or governance committees.
• Collaborate with key stakeholders across the Group, support colleagues in validation activities, and contribute to the continuous enhancement of model risk governance.

What you bring

• Master’s degree (or equivalent) in a quantitative discipline; PhD preferred. Actuarial qualification is a plus.
• 7+ years of model validation experience in insurance/reinsurance, consulting, or financial services.
• Strong statistical, quantitative modelling and programming skills (R or Python).
• Proven ability to challenge models independently while managing senior stakeholders constructively.
• Strong communication skills with fluency in spoken and written English.
• A collaborative mindset, willingness to share knowledge, and commitment to delivering high‑quality work in line with Zurich values.

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