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About the Role

We are seeking a senior finance leader to serve as Chief Financial Officer for Zurich Legacy Solutions (ZLS). This role involves shaping and leading the finance agenda, partnering with the CEO and leadership team to maximize economic value, support strategic transactions, and ensure robust financial governance for run-off and exit activities. The ideal candidate will possess strategic thinking, strong commercial judgment, and the ability to navigate complex problems and ambiguity.

Responsibilities

Own the ZLS finance strategy, operating model and control environment, ensuring strong governance and oversight across all ZLS activities.
Partner with the CEO ZLS and ZLS leadership team to evaluate, onboard and manage Zurich’s legacy portfolios, supporting value maximisation during run-off and through exit transactions.
Hold finance accountability across a global portfolio and lead an international team across financial planning, forecasting and performance management, providing clear, timely insight to support decision-making.
Oversee financial reporting and management information, ensuring accuracy, transparency and appropriate escalation of material issues.
Provide finance leadership on transactions (e.g., portfolio disposals, acquisitions, reinsurance/retro solutions and other strategic options), including financial evaluation, deal support and integration/transition as required.
Ensure robust liquidity, capital and balance sheet management in line with applicable requirements and Group frameworks.
Build and maintain effective relationships with key stakeholders across Group Finance, Business Units and relevant governance forums, as well as with key external markets and advisers.
Champion continuous improvement, appropriate risk management and effective cross-functional ways of working within a lean management entity.
Provide stewardship of several regulated (re)insurance entities in run-off (domiciled in U.S. and Bermuda) via Board representation, providing constructive challenge and oversight of relevant activities.
Directly manage a team of around 15 finance colleagues, as well an indirect oversight of the actuarial function.

Requirements

Senior finance or actuarial leadership experience within P&C (re)insurance, with a strong understanding of insurance balance sheets, performance drivers and related capital metrics.
Experience working with legacy/run-off portfolios, strategic transactions (e.g., disposals) and/or complex, cross-border stakeholder environments is strongly preferred.
Strong technical finance capability (reporting, planning, controls) with the judgement to simplify and communicate clearly to senior stakeholders.
Proven ability to operate effectively in a lean set-up, influencing through partnership rather than large teams.
Strategic thinker with a track record of navigating complex situations, exercising sound judgement and delivering outcomes in ambiguous environments.
Excellent stakeholder management skills, with the confidence to challenge constructively and enable high-quality decision-making.
Strong governance mindset, with experience operating across control frameworks and working effectively with risk, compliance, audit and actuarial partners.
Deep P&C (re)insurance experience is a pre-requisite for the role.
Life insurance experience is also beneficial.
Professional Finance or Actuarial qualification.

Location

London

Work Type

Part-time
Job-share
Full-time
Hybrid

Experience Level

Senior finance or actuarial leadership experience

Education Level

Professional Finance or Actuarial qualification

Benefits

12% defined non-contributory pension scheme
Annual company bonus
Private medical insurance
Option to buy up to an additional 20 days holiday
Option to sell holiday
Range of other flexible benefits

About the Company

ZLS is the trusted partner for run-off and exit solutions for Zurich Insurance Group’s legacy businesses and under-performing, non-core portfolios.
ZLS works closely with relevant Business Units to find strategic solutions for legacy issues, aiming to accelerate capital redemption and maximise economic value.
ZLS is a management entity with a reporting line into the Head of Group Reinsurance, within Group Finance.
At Zurich we aspire to be one of the most responsible and impactful businesses in the world.
Zurich has over 65,000 employees and is a stable company in the insurance industry.
Zurich focuses on sustainable impact, employee wellbeing, curiosity, optimism, and skill development.
Zurich's strength comes from the diverse experiences, perspectives and talents of its people.
Zurich aims to create a workplace where every employee can flourish and feels valued, heard and respected.
Over a quarter of Zurich's employees are members of inclusion communities.
Zurich has received numerous industry awards recognizing its diversity and inclusion policies and initiatives.
Zurich prioritizes employee wellbeing (physical, mental, social, financial) and provides practical advice and lifestyle support.
Zurich actively supports employees in community volunteering and charitable activity through Zurich Community Trust.
Zurich Community Trust has supported causes across the UK through grants and volunteering, contributing over £100 million in funding and volunteered time.

Equal Opportunity

We’re committed to treating all applicants fairly and with respect, irrespective of their actual or assumed background, sexual orientation, disability or any other protected characteristic.
As an inclusive employer we also want to ensure that all candidates feel comfortable and are able to perform at their best during the interview.
You’ll have the opportunity to let us know of any reasonable adjustment or practical support needed when you apply.