Within the Group Insurance Regions Actuarial function, we are looking for a talented and proactive resource to join the team.
Key responsibilities of the role will include:
Local Actuarial Functions’ (LAF) steering activities:
* Supporting the coordination of LAF activities and resources under the AF reporting model, ensuring alignment with the GAF yearly activities plan, and overseeing the LAF TP coordination activities quarterly, ensuring appropriateness of methodologies, models, and assumptions used
* Promoting and supervising the adoption of the AF standard reference framework, considering local business and regulatory specificities, suggesting customizations where needed, and supporting the monitoring of new TP-related regulations
* Challenging and supporting the LAF in producing reports on technical provisions (TP), underwriting policy, and reinsurance arrangements
* Monitoring the implementation of remediation actions addressing issues raised by Group/Local Actuarial Functions or external auditors
* Challenging and supporting the LAF in collecting and analyzing local reports on statutory reserves, including issues raised by Appointed Actuaries, local supervisors, or auditors
* Challenging and supporting LAF analyses on the coherence between IFRS and Solvency II reserves
* Supporting the LAF in contributing to the risk management system, ORSA, and Solvency II Pillar 3 qualitative reporting on TP
Group Actuarial Function (GAF) supporting activities:
* Performing the Quality Assurance Program activities in line with the GAF yearly activities plan scope
* Contributing to GAF reporting on TP, underwriting policies, reinsurance arrangements, best estimate assumptions, and Group reserving policies
* Supporting M&A processes and other ad-hoc investigations or projects promoted by GAF or CEO Insurance functions
* Supporting the on-boarding activities and the implementation of the AF standard reference framework for the new entities
* Advising on the authorization of new products subject to the Group Product Authorization Process
Requirements
Our ideal candidate will meet the following requirements:
* Bachelor’s or Master’s Degree in Actuarial Sciences, Economics, Mathematics or any other quantitative science
* At least 10 years of experience in insurance industry/non-life actuarial sector
* Knowledge of non-life actuarial techniques and of insurance accounting practices and standards
* Fluent English
Soft Skills:
* Proactive approach, strong collaboration skills and teaming ability
* Ability to navigate complex organizations and build multi-stakeholder relationships
* Solution-oriented and strong problem solving
* Excellent attitude for analytical analysis
* Strong presentation and communication skills
Nice to have:
* Experience in validating Technical Provisions, or in auditing activities in general
* Experience with international working environment
Company Profile
Generali is a major player in the global insurance industry – a strategic and highly important sector for the growth, development and welfare of modern societies. Over almost 200 years, we have built a multinational Group that is present in more than 60 countries, with 470 companies and nearly 80,000 employees. Our Group aims to become the standard bearer and industry leader in the European retail insurance market, building on our existing base of 50 million retail clients, out of an overall total of 72 million
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