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SalarySalary: £70,000 - £80,000 + £5,772 car allowance plus an excellent benefits package
Location: London / Hybrid Working
The Opportunity:
We are looking for a proactive team player to join the Operations team within Zurich Legacy Solutions ("ZLS"). We expect the individual to be execution-focused, remain composed under pressure, and possess problem-solving skills to navigate and enable the delivery of complex portfolio migrations and transfers.
ZLS is a global function responsible for managing the capital of Business Units ("BUs") across the Zurich Group. This involves assuming management control of legacy portfolios and executing them in the market through long-term reinsurance solutions or legal transfers. The team is primarily based in the UK and the US, providing support to BUs worldwide.
ZLS holds a prominent position within the Zurich Group with direct reporting lines to the Head of Group Treasury and the Group CFO. Moreover, ZLS is recognized as a market leader in legacy disposals across the worldwide external legacy market.
We embrace flexible working arrangements to attract the best talent, including part-time, flexible hours, job sharing, working from home, or compressed hours. We understand that the best candidates may not always be available full-time, so please discuss your flexibility needs during the interview.
What will you be doing?
Your role will involve providing project management for the migration of portfolios to counterparts, including facilitating legal transfers and engaging with regulators. This position will focus on non-US portfolios globally and entail end-to-end project management of IT, Data, and People changes related to these portfolio transfers.
The ideal candidate possesses a strong project management skill set, covering operations, data, and people change, and ideally, has a good knowledge of Part VII (or equivalent) transfers, regulatory engagement, and experience in either selling or acquiring insurance/reinsurance companies or portfolios.
- Take accountability for successfully implementing portfolio transfers and technical migrations.
- Define and implement appropriate processes to achieve project objectives.
- Interpret business objectives and translate them into tangible deliverables.
- Collaborate effectively with other business areas, buyers, lawyers, and regulators, driving activities and understanding deliverables to meet challenging timelines.
- Be confident in managing change and dealing with conflict resolution, particularly concerning complex dependencies. You will be responsible for planning and delivering projects critical to ZLS's success.
- Adopt a consultative approach, providing leadership, advice, guidance, coaching, and direction to project team members.
- Troubleshoot and resolve any project issues, implementing remedial action and developing quality plans.
- Operate within a governance framework, ensuring appropriate controls and timely, efficient reporting on project progress, benefits, and achievements.
What are we looking for?
Essential:
- Experience in delivering complex cross-border projects, along with the ability to manage multiple senior stakeholders.
- Understanding of IT and data combined with a high degree of financial & commercial awareness.
- Experience in managing or delivering through others without direct line management.
- Proficiency in a variety of project management tools and experience in delivering projects using different delivery methodologies, e.g., Waterfall and Scrum.
- Proficiency in Microsoft Word, Excel, and PowerPoint; ability to prepare high-quality PowerPoint presentations.
Preferred:
- Project management experience in a corporate M&A environment.
- Working knowledge of the legacy insurance market.
- Familiarity with the Part VII (or equivalent) transfer process and regulatory engagement.
As an inclusive employer, we want all candidates to feel comfortable and perform at their best during the interview. Please let us know of any reasonable adjustments or practical support needed when you apply.
Who we are:
At Zurich, we aspire to be one of the most responsible and impactful businesses in the world and the best global insurer. Together we’re creating a brighter future for our customers, our people and our planet.
With over 55,000 employees in more than 170 countries, you’ll feel the support of being part of a strong and stable company that is a long-standing player in the insurance industry.
We’ve made a promise to each other and every employee; to focus on sustainable impact, to care about each other’s wellbeing, to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future.
If you're interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives and contributions - then Zurich could be just the place for you. Be part of something great.
Our Culture:
At Zurich, our sense of community is strong and we’re particularly passionate about diversity and inclusion, which we’ve won numerous awards for. We want our people to bring the whole of themselves to work and ensure everybody is made to feel welcome, regardless of their background, beliefs or culture. We want our employees to reflect the diversity of our customers, and so are committed to treating all of our applicants fairly and with respect, irrespective of their actual or assumed background, disability or any other protected characteristic.
We have an environment that places real importance on our people’s well-being from a physical, mental, social and financial perspective. We work with our well-being partners and industry experts to provide the best advice and access to a wealth of lifestyle support. We’re also committed to continuous improvement and we offer access to a comprehensive range of training and development opportunities.
We’re passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity. Our charitable arm, Zurich Community Trust, is one of the longest-established corporate trusts in the UK. In that time, we’ve awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.
So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us. #LI-Hybrid
