In September, Zurich announced it is cutting 200 jobs as part of a restructure ahead of the RDR. Roles are being removed across sales and marketing, senior management, finance, risk, compliance and operations. Zurich UK Life currently employs 1,400 people.
It is thought Brown will leave next month after 24 years with the insurer.
He joined Zurich in 1988 as a senior manager in the insurer’s customer service division, serving in this role until 2005 when he was made underwriting and claims director. Brown has been in his current role since April 2011.
A Zurich spokeswoman declined to comment on Brown’s departure as a 90-day consultation process is still ongoing.
Last week, Mortgage Strategy’s sister title Money Marketing revealed that Zurich head of marketing promotions Tony Soloman has left the insurer following the restructure.
As part of the cutbacks, the number of branch offices has been streamlined from nine to five.