Head of Capital-Light Savings & Retirement (80-100%)

About the role

Zurich is looking for a Head of Capital-Light Savings & Retirement to lead the global strategy, commercial performance and development of its capital-light Savings & Retirement business, including unit-linked products. You will define the global strategy and proposition roadmap, mobilise teams across markets and functions and turn strategy into execution. The position is based in Zurich and is hybrid.

Key responsibilities

• Own the global commercial and performance agenda, including net flows, assets under management, margin, profitability and customer outcomes.
• Define the global strategy and proposition roadmap, deciding where Zurich should build, scale, adapt, partner or exit.
• Anticipate market and customer developments, especially the convergence of insurance, investments and asset management.
• Develop end-to-end customer propositions across accumulation, financial planning, protection, retirement transition and decumulation.
• Accelerate product innovation, distribution and customer engagement across bank, agent, broker and direct channels.
• Use data, digital platforms and AI to improve personalisation, investment solutions, engagement and efficiency.
• Build strategic partnerships with asset managers, banks, platforms, reinsurers and fintechs.
• Establish Group and Business Unit governance and decision rights across Investments, Distribution, Risk, Finance, Technology, Operations and Compliance.
• Lead a small central team while mobilising execution across Business Units and functions.

Required profile

• Significant financial-services experience across multiple markets, ideally life insurance, investments, wealth or capital markets.
• Demonstrable ownership of commercial outcomes in a sizeable savings, pensions, wealth or investment business.
• Experience designing, scaling and managing propositions across markets and through the full product lifecycle.
• Entrepreneurial, hands-on player-coach able to work in a complex global matrix and influence without direct authority.
• Excellent communication, collaboration and influencing skills.
• German, Spanish and/or Italian would be advantageous.

Required skills

• Capital markets, portfolio construction and retail investment structures (funds, ETFs).
• Distribution across bank, agent, broker and direct channels.
• Customer, conduct, regulatory, tax, capital and value-for-money considerations.
• Track record of using digital, data, AI or platforms to transform savings, wealth or retirement businesses.

Zurich does not accept applications from recruitment agencies for this position.