Chief Risk Officer for Zurich Eurolife S.a.

Zurich is one of the world’s leading insurance groups, and one of the few to operate on a global basis. Our mission is to help our customers understand and protect themselves from risk. With about 53,000 employees serving customers in more than 170 countries, we aspire to become the best global insurer as measured by our shareholders, customers and employees. We help individuals, small and medium sized companies and global corporations around the world understand and protect themselves from risk by offering a wide range of insurance products, solutions and advisory services.

**Chief Risk Officer for Zurich Eurolife S.A. (ZEL) (m/w/d)**

**Your role**

We are looking for a senior risk manager who will assume responsibility as Chief Risk Officer for Zurich Eurolife S.A. (ZEL), based in Luxemburg, and reporting directly to the Zurich Integrated Benefits CRO.

In this role you will be accountable as Chief Risk Officer for ZEL, with 2nd line of defense responsibility for risk assessments, advisory and control of all material risks for the entity, and for the implementation of Group Risk Management frameworks. In addition, you will provide support, review and challenge to the first line of defense.

You support ZEL management in its task of identifying risks at an early stage, recognising them, initiating management measures or consciously taking risks. You enable the management to be properly informed about the risk profile with our risk reports and contribute to informed decision-making. In addition, you are responsible for risk-related regulatory reporting and support management in complying with regulatory and legal requirements.

**Key Accountabilities**
- Be responsible for the SII Risk Function towards the Regulator requirements.
- Advising management on regulatory standards/regulations, including risk-related reporting to management, and preparation of risk-related regulatory reports (SII, ORSA, etc.)
- Contribute to meetings with the 1st line to provide guidance, updates or risk advice on projects and initiatives in assigned area.
- Collect and prepare relevant information, data and presentations independently for discussion with GRM and with the 1st line.
- Reviewing material regarding internal and external ZEL initiatives, projects etc. from a risk perspective and advising management accordingly.
- Support engagement with first line to ensure that risk management activities are being completed on a timely basis.
- Support the 1st line to adopt GRM tools, templates and methodologies, also providing a consistent, reliable and timely delivery of risk information to relevant decision-making and governance bodies.
- Governance: Contribute to the production of policies and other governance documents, ensuring that Zurich Risk Policy is recognized as the foundation for all risk management activities across the Unit.
- Risk Appetite: Reviewing and challenging the risk appetite and tolerance for areas of responsibility.
- Risk Identification and Assessment (Total Risk Profiling): Support the business managers in early identification of risks and advise on risk mitigating actions considering the agreed risk appetite.
- Risk Response: Support the review and challenge of proposed 1st line risk responses.
- Monitoring: Assist and ensure that risk monitoring activities are properly undertaken.
- Assurance: Perform and oversee assurance activities, validate findings and observations with relevant stakeholders and documents results.
- Reporting: Provide consistent, reliable and timely delivery of ‘360° view’ risk report for relevant committees and other governance bodies, leading content development and agenda for the Risk Oversight Committee.
- Training: Contribute to the development and facilitation of training and training materials to stakeholders, promoting a disciplined risk culture.

**Your skills and experience**
- Master degree (or equivalent) in Finance, actuarial or law.
- Job experience of at least 6 years in risk management in life insurance company.
- Fluent in English (mandatory); French or any other language will be an asset.
- Knowledge of Insurance Industry (Life & Risk Insurance) and related Regulation (SII) will be an asset.
- Ability to work with senior leaders.
- Able to manage ambiguity, different requirement and challenging deadlines.
- Strong focus on execution and delivery, showing strategic ability combined with sound operational skills.
- Good grasp of corporate governance and assurance principles.
- Computer literate, including knowledge of Microsoft Office packages (e.g. MS Word and MS Excel).
- Quick of comprehension as well as analytical thinking.
- Team-oriented, systematic and goal-orientated operating.
- Excellent oral and written communication & management skills.
- High degree of flexibility expected.
- Good level of problem solving skills.

**We offer**
- Full-time position based in Luxembourg.
- International working environment.
- Compensation packages to high standard m