We are looking for a Head of Risk Management – ART AG to join our team in Wallisellen, Switzerland.

Your Team

You will be part of the Finance function within Allianz Commercial, reporting directly to the Regional CFO and with a matrix line to the Chief Risk Officer. The team sits at the heart of risk oversight, regulatory compliance, and strategic business partnership — operating across ART AG, ART Bermuda Ltd, and the ART Line of Business globally. It is a high-impact environment where your expertise will shape how risk is identified, managed, and reported across a complex, multi-entity structure.

This is a regional leadership role with genuine global exposure. You will work closely with senior leaders, local management teams, and global risk functions to maintain a clear and effective risk and control environment. Managing a skilled team, you will oversee capital and solvency matters while helping the organisation understand and respond to new and evolving risks — today and into the future.

The Impact You Will Have

As Head of Risk Management for ART AG, you will lead the cornerstone of risk management framework across a diverse and multi-entity structure. You will shape the risk culture, drive regulatory compliance — including under the Swiss Solvency Test (SST) framework and act as the link between local management and global risk functions, ensuring that risk-related matters are communicated and addressed effectively across the organisation. You will oversee capital and solvency management across SST and other regulatory frameworks and ensure that emerging and non-traditional risks are appropriately identified, assessed and managed.

Responsibilities

You will lead and manage the risk management team, providing strategic direction, setting clear and challenging targets, monitoring performance, and empowering team members to operate independently within Allianz Commercial standards.

You will develop and implement the risk management strategy for ART AG, ART Bermuda Ltd, and the ART LoB globally, aligning it with regional and functional goals.

oversee solvency-related risk reporting requirements under the Swiss Solvency Test (SST), Solvency II (SII) and Bermuda Solvency Capital Requirement (BSCR) frameworks, ensuring robust risk assessments, capital analyses and regulatory submissions.

lead the risk management team, setting priorities, overseeing performance, and supporting team members in their development while encouraging a high degree of ownership and accountability.

oversee quarterly risk reporting to relevant Risk Committees and coordinate the annual identification, assessment and review of key risks through the Top Risk Assessment process.

provide independent regional risk oversight, ensuring transparency of the risk and control environment to local management and global risk management, with a focus on underwriting practices, new product development, reputation risk, and risk accumulation.

You will lead the quarterly reporting of regional and local risk reports and coordinate the annual identification of regional and local top risks.

You will act as the primary conduit of transparency on risk-related topics between local management teams and global Allianz Commercial functions.

You will ensure compliance with external risk management requirements, interpreting and implementing local regulatory obligations in an efficient and effective manner.

You will maintain relationships with local regulators and external parties in the context of risk management, representing Allianz Commercial with authority and credibility.

You will oversee solvency-related risk reporting requirements, particularly under the Swiss Solvency Test (SST) framework, ensuring the adequacy of risk assessments, capital analyses, and regulatory submissions.

You will identify, assess, and prioritise risk mitigation actions in close collaboration with the business, supporting teams in managing their risks proactively.

You will support the Global Risk Management team with global responsibilities as needed, contributing to the broader Allianz Commercial risk agenda.

What You’ll Bring

A Bachelor’s or Master’s degree in Mathematics, Actuarial Science, or another strong quantitative or analytical field; completion of an Actuarial or CFA designation is considered an advantage.

A minimum of 5–7 years of experience leading and developing international and/or virtual teams within a complex global matrix environment.

A deep understanding of insurance and state-of-the-art risk management techniques, including a robust knowledge of corporate insurance product portfolios.

Proven experience in leading change and delivering large-scale international projects across various business scenarios, including restructuring and integration.

Industry-recognised and up-to-date Risk Management expertise, backed by hands-on experience in risk identification, assessment, monitoring, and reporting.

A robust understanding of regulatory risk frameworks and requirements, in particular the Swiss Solvency Test (SST) and other relevant regulatory environments across Allianz Commercial’s locations.

Strong knowledge of principles and practices across relevant functional areas, including Actuarial, Underwriting, Reinsurance, and COO functions.

Excellent communication and presentation skills, with the ability to convey complex risk topics clearly and effectively to senior management and diverse stakeholder groups.

Strong decision-making capabilities, effectively evaluating information from multiple sources and committing to action in complex and ambiguous situations.

Expertise in integrating AI into various business functions, enhancing efficiency, and fostering a culture of data-driven innovation is crucial.

Nice to have: Proficiency in a local Swiss language (German, French, or Italian) in addition to fluent English.

1 Job for Insurance Product Knowledge in Switzerland

Head of Risk Management - ART AG