Around 60 roles will go from sales operations and a further 60 from marketing as of 1 April, the company said.
A spokesperson for Zurich says the changes are part of a strategy to deal with changes in the adviser landscape ahead of the RDR, including advisers’ increased use of platforms to write business.
Zurich is considering cutting the number of branches from 14 to 9 by closing the Edinburgh, Cambridge, Nottingham and Reigate branches.
It is plans to open a new branch in Peterborough to serve advisers in the East Anglia and Nottingham regions.
David Etherington, Zurich’s chief growth officer, said: “By introducing these changes we believe we will deliver greater operational efficiencies and effectiveness for the life business whilst ensuring that we remain competitive in a challenging market.”
