Zurich Schweiz betreut das Lebens- und Schadenversicherungsgeschäft der Zurich Insurance Group in der Schweiz. Als traditionsreiches Unternehmen mit starken Wurzeln in der Schweiz sind uns die Tugenden wie Präzision, Zuverlässigkeit und Sicherheit wichtig. Unser Kerngeschäft ist der Umgang mit Risiken. Ob Privatpersonen, KMU oder global tätige Firmen: Wir helfen unseren Kunden, ihre Risiken zu verstehen und schützen sie mit umfassenden Lösungen. Zurich gehört zu den grössten Versicherungsgesellschaften in der Schweiz. Weltweit ist die Zurich Insurance Group mit mehr als 55000 Mitarbeitenden in über 170 Ländern tätig.
Zurich Schweiz betreut das Lebens- und Schadenversicherungsgeschäft der Zurich Insurance Group in der Schweiz. Als traditionsreiches Unternehmen mit starken Wurzeln in der Schweiz sind uns die Tugenden wie Präzision, Zuverlässigkeit und Sicherheit wichtig. Unser Kerngeschäft ist der Umgang mit Risiken. Ob Privatpersonen, KMU oder global tätige Firmen: Wir helfen unseren Kunden, ihre Risiken zu verstehen und schützen sie mit umfassenden Lösungen. Zurich gehört zu den grössten Versicherungsgesellschaften in der Schweiz. Weltweit ist die Zurich Insurance Group mit mehr als 55000 Mitarbeitenden in über 170 Ländern tätig.
Senior Investment portfolio manager - Private Debt and Alternative investments
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Our opportunity
As Senior Investment Portfolio Manager – Private Debt and Alternative Investments, you will join a dedicated team within the Investment Management division. You will be responsible for managing investment mandates and coordinating with the Zurich Group in the context of the Italian insurance balance sheet. Based in Milan, this position plays a pivotal role within the Italian Investment Team and requires close collaboration with the Finance, Risk Management, and Life departments in Italy, as well as with colleagues at Group level, to ensure full alignment and effective implementation of strategic investment objectives
Scope and Purpose of the Position
This position is responsible for the management and monitoring of investments in private debt and alternative instruments, with particular emphasis on asset-liability management (ALM), solvency, and strategic asset allocation. The role must ensure compliance with all regulatory requirements and alignment with both local and group investment objectives
Key Tasks and Responsibilities
Lead the management and monitoring of portfolios containing illiquid assets—such as Private Debt, Infrastructure Debt and similar instruments
Analyze projected cash flows and funding structures, including capital calls, distributions, and cash movements
Prepare and present clear investment reports and recommendations to senior leadership; develop, update, and maintain internal performance metrics
Critical review of the evaluation metrics of the underlying assets in the invested funds
Demonstrate knowledge of key Asset-Liability Management (ALM) analyses and capital charge assessments under Solvency II
Excel in stakeholder management, effectively coordinating with Finance, Risk Management, Life, and Group functions; participate in internal Asset Liability Investment Committee meetings
Demonstrate a high level of integrity, strong commitment to results, and a proactive approach aimed at driving continuous improvement within the investment function
Required
MSc in Economics, Finance or equivalent
Proven experience (typically 5+ years) in managing illiquid assets such as private debt, infrastructure debt, or private markets
Excellent communication skills, with ability to present complex information in a clear and engaging manner
Maintain strong relationships with asset managers, investment partners, and both internal and external stakeholders
Monitor portfolio performance and proactively identify opportunities for improvement
Stay updated on market trends, evolving regulatory requirements, and anticipated changes affecting illiquid assets
Strong analytical and strategic skills
Problem solving attitude
Preferred: CFA, CAIA, programming language like Python
Native Italian speaker and excellent command of English (C1/C2)
Who we are
Looking for a challenging and inspiring work environment where you can make a difference? At Zurich millions of individuals and businesses place their trust in our products and services every day. Our 53,000 employees worldwide form the basis of our success, enabling, businesses and communities to face a world of risk with confidence. Imagine if you could help people do this all over the world. You’d give them confidence and reassurance by protecting what they love most. It’s a big challenge, but you will be supported by a world-class team who believe in helping you to reach your full potential and deliver on our promises
At Zurich, we aim for a mix of employees that reflects the diversity of our customers and the communities in which we live and work. Our diversity and inclusion programs are shaping an environment where everyone feels welcome, ensuring that Zurich is a place that values different opinions, respects personal needs, and provides equal opportunities for all. With the help of our employee resource groups, business role models and advocates we are focusing on Gender, Generations, Race/Ethnicity and Sexual Orientation
You can take advantage of Work life Balance tools useful to ensure a correct work-life balance for all employees. Among these, smart working, the gym, the counseling service, the possibility of making specialist medical visits within the company and the availability to use bicycles during lunch breaks, but also much more!