Join to apply for the Head of Risk role at Generali Join to apply for the Head of Risk role at Generali For the Central Team of Generali Global Corporate & Commercial (GC&C), we are looking for a Head of Risk to join our Risk Engineering team. This role includes guaranteeing an integrated risk management system for Global Corporate & Commercial through the definition of the risk strategy, including risk appetite. Through the identification, monitoring and reporting of risk you will also support the management of the capital model. Main responsibilities: Ensure the embedding of risk strategy into the business processes, aligning central and local initiatives Provide risk management oversight of key strategic projects and monitor the volatility and risk-adjustment performance of GC&C business, both on new initiatives as well as on the in-force portfolio Ensure the consistency of the local evaluation, perform the central consolidation and manage the reporting of the risk capital profile of GC&C on a regular basis Asses the GC&C Risk profile both in regulatory and managerial view and assure the alignment with GC&C business strategy and risk appetite, also through delivering specific KRIs Support the implementation of new legislations with an impact of GC&C Business in order to assure the consistency with Group Guideline and local legislation Support GC&C in the new Group strategical plan assuring consistency with the risk appetite framework Support and provide risk opinion (if needed) for GC&C strategical initiatives and evaluate mitigation actions (if required), also in collaboration with Local CROs; Support the design and maintenance of the reinsurance strategy Manage and maintain relationships with internal (GBA, UKB and Group Risk Management function) and, if any, with external stakeholders, included Supervisors (directly or through other Group functions) Collaborate with GRM and GBA Risk Team in the development of initiatives (innovative approach to manage risk, model changes, authority requests…) where GC&C business is significant in the respect of Generali Group Member of the Generali Group Risk Community and GBA Risk Community, supporting potential cross boarder initiative Requirements The ideal candidate will meet the following requirements: 7 years experience in Insurance Market, with experiences in risk/actuarial function, CFO or technical non life insurance area Solvency 2 and IFRS 17 technical knowledge, particularly in respect of P&C Business is welcome, as previous experiences in reinsurance, parametric business and ART Studied Actuarial Science, Mathematics or Statistics or other quantitative disciplines, e.g. Engineering, Physics etc Insurance business processes knowledge Communicates effectively and appropriately Acts with proactivity and passion for excellent performance Simplifies tasks, quickly adapts to new situations and makes strategic decisions Embraces differences to make innovation happen Demonstrates an awareness of, and sensitivity to the needs and concerns of individuals from different cultures Quantitative, analytical mindset, problem solving skills Must be fluent in Italian, English, additional languages are an advantage 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 50 countries, with 470 companies and nearly 82,000 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. Global Corporate & Commercial is the Generali Group unit developing P&C business and insurance services for medium and large companies. The unit acts on a global scale and deploys an integrated approach at Group level with a central management team and specialized teams active in individual countries. Through GC&C, Generali aims to become a key world player in the corporate-commercial segment. Generali is proud to be an inclusive employer that considers applicants regardless of gender, gender identity, sexual orientation, ethnicity, disability, religion, political views, marital status or philosophy of life. If you have a disability or special need that requires accommodation or assistance, we will support you during the selection process. Seniority level Seniority level Associate Employment type Employment type Full-time Job function Job function Engineering and Finance Industries Insurance Referrals increase your chances of interviewing at Generali by 2x Get notified about new Head of Risk jobs in Milan, Lombardy, Italy. Director of Risk Analytics - EMEA, Commercial Risk Global Delivery Senior Operations Lead, Managing Director Global Delivery Country Head Italy, Managing Director Business Development Director - Visa Direct - South Europe Director BNP Paribas Corporate & Institutional Banking – OPC CIB Italy – Internship Construction Health & Safety Manager Italy Operational Audit and Methodologies Engineer Talent Acquisition - Field Sales (1 year FTC) We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. 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