Hybrid Restructuring Manager / M&A Manager

at Zurich Insurance

• Job title: Restructuring Manager / M&A Manager
• Job type: Part Time
• Experience level: Mid level, Senior
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, London, United Kingdom

About the role

• Restructuring Manager supporting insurance portfolios for Zurich Group. Involves identifying market trends, developing buyer relationships, and managing transaction processes with a focus on exit strategies.

Responsibilities

• Identifying the relevant market benchmarks and trends for the run-off industry as well as any managed portfolios
• Researching, documenting and presenting information on the buyer universe
• Developing business relationships with buyers, sellers, reinsurers, intermediaries, external advisers and internal stakeholders to facilitate the delivery of portfolio disposal strategies
• Supporting the onboarding and management of portfolios from across the Zurich group
• Collaborating with local BU staff to understand and evaluate portfolio characteristics
• Analysis of the underlying data in the portfolio
• Supporting in the work led by the transaction lead across Underwriting, Claims, Actuarial and Finance functions to ensure operational effectiveness before exit
• Contributing to the delivery of high levels of customer service to ZLS’ BU partners across the Zurich group
• Working with internal colleagues or professional advisers, preparing sale documentation and a Data Room
• Managing buyers’ information and access requests during a live transaction process
• Assisting ZLS legal, and external counsel where relevant, in developing a suite of legal contracts
• Contributing to the exit strategy to maximize shareholder value and achieve finality
• Working with other functions within ZLS to ensure regulatory consents are secured in advance of, or following, an exit
• Preparing and supporting in the execution of the internal and external communication plan including staff plan for the team that works on the portfolio being exited
• Preparing and executing a plan to ensure smooth transition to the preferred bidder and project manage separation and post closing issues

Requirements

• Finance, Business, Accounting, Actuarial or similar degree; or a relevant professional qualification or progress towards such a professional qualification
• Minimum 3 years’ experience in insurance / reinsurance with emphasis on insurance accounting & finance
• Proficiency in Microsoft Word, Excel and PowerPoint; in particular experience in preparing Powerpoint presentations to a high standard
• Buy or sell-side project management experience in a corporate M&A environment, including due diligence processes (preferred)
• Insurance finance & accounting knowledge with emphasis on M&A and reinsurance transaction experience (preferred)
• Interest in, and ability to, research companies and markets
• Working knowledge of the legacy insurance/ reinsurance market (preferred)

Benefits

• 12% defined non-contributory pension scheme
• annual company bonus
• private medical insurance
• option to buy up to an additional 20 days or sell some of your holiday
• three days paid volunteering
• up to 16 weeks' full pay for maternity, paternity and adoption leave
• discounted gym membership
• access to a wealth of support from our wellbeing partners