Working Student - Capital and Risk Methodology (m/f) 80-100% temporary

  • Competitive
  • Zurich, Switzerland
  • Permanent, Full time
  • Zurich Insurance Company Ltd
  • 27 Jun 19

We are a team of risk modellers in Group Risk Management, whose role is to develop and maintain Zurich's capital and risk models, which are used for internal steering (Z-ECM) as well as regulatory reporting (SST, Solvency II).

The objective of this role is to further develop Zurich's economic capital models and their application. Key metrics of the Zurich Group are derived from Z-ECM, which measures our capital strength and return on capital and is widely used for risk-based decision taking by Group and business units alike.

Your Role

This is the content of the role that the successful candidate will be accountable for. Provide an overview of the responsibilities, what is expected what will the candidate have to do

As a Working Student your main responsibilities will involve:

  • Support methodology development, perform parameterization of key elements of the capital and risk models, in particular:

    • Enhance risk type methodologies, analytical and reporting capabilities regarding the aggregation of different risk types

    • Review the approach to allocate required capital and risk tolerance levels to risk types and business units and run impact studies

  • Support the embedding of the enhanced capital and risk methodology framework and related capital metrics into business steering

  • Communicate and explain approaches and results to internal stakeholders

Your Skills and Experience

As a Working Student your skills and qualifications will ideally include:

  • Student of quantitative finance, mathematics, actuarial science or related subjects

  • Relevant experience ideally in the area of economic capital and risk modelling or related subjects

  • Strong quantitative background
  • Ability to present complicated subjects and to share knowledge within and across teams

  • Pragmatic problem solver that can cope with imperfect world

  • Project skills and team spirit
  • MS Office and programming proficiency (in R)
  • Critical thinking skills
  • English essential, German is an asset

You can find additional information about Zurich as an employer and about the candidate journey on our career site.

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Who we are

Zurich is a strong brand - more than 1.4 million Swiss customers place their trust in our products and services. Our 53,000 employees worldwide form the basis of our success, helping our customers in 170 countries to understand and protect themselves from risk. In order to deliver our services, we offer our employees flexible working models and interesting opportunities for further training & development. As a Zurich employee, you benefit from a multitude of advantages as well as a strong culture, characterized by acceptance, diversity and team spirit.

At Zurich we are an equal opportunity employer. We attract and retain the best qualified individuals available, without regard to race/ethnicity, religion, gender, sexual orientation, age or disability.

Information for recruitment agencies

Zurich accepts no unsolicited applications from recruitment agencies for this position. We therefore request that recruitment agencies do not submit any candidate documents either via our employees or through our online career portal.

We refuse any responsibility for unsolicited applications as well as any associated fees. Thank you for your understanding.