Senior P&C Insurance & Model Risk Specialist (80-100%)

ph3Senior PC Insurance Model Risk Specialist /h3h3What you will do /h3ulliSupport the independent quantitative Risk review and challenge of the 1st line activities in PC insurance functions, including decision-making, governance, assurance and model validation while supporting the development and maintenance of effective Risk Governance frameworks /liliDeliver independent top-down quantitative analysis and assessment of insurance risks, including targeted deep dive analyses, prepare reports and documentation /liliDeliver independent validations of PC related models including executing validation tests, identifying, quantifying and assessing weaknesses and limitations of models, preparing validation reports and documentation /liliAdvise stakeholders with professional support, providing quantitative risk insights and business implications, and contribute to annual risk review and model validation plan, advise on prioritization of model developments. /liliSupport team members and perform peer reviews of insurance risk reviews, participate in group-wide projects to develop and enhance Zurich’s insurance and model risk management and contribute to reports for regulators, external auditors, and committees /liliHelp develop and deliver training for Risk Management professionals, focusing on quantitative techniques, model validation standards, and statistical methodologies. /liliPrimary work location is Zürich. The travel requirement is up to 5% /li /ulh3What you bring /h3ulliBachelor’s or master’s degree in mathematics, Statistics, Finance, or equivalent /liliProgress towards actuarial qualification (newly or nearly qualified in a recognized actuarial body) /lili5+ years of relevant experience in the insurance industry, ideally within PC and across multiple functions (e.g. pricing, reserving, accumulation management, capital management) with solid business acumen /liliGood understanding of PC actuarial reserving, pricing, accumulation and capital modelling concepts (including SST/SII) as well as risk and statistical methodologies and data literacy, analytics and visualization skills; Understanding AI modelling techniques is an advantage /liliAwareness of both risks embedded in insurance products and risks in models, related processes and underlying data /liliEffective communicator and relationship builder, including with senior management; actuarial software/programming skills are an advantage. Mindset: curiosity, challenge, open to change /liliFluent English, both oral and written; other languages are an advantage /li /ulh3Benefits /h3pImagine 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. /ph3Equal Opportunity Employer /h3pWe are an equal opportunity employer who knows that each employee is unique – that’s what makes our team so great! /p /p #J-18808-Ljbffr