Non-life Actuarial Analyst

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.
With reference to both the Non-Life business of Assicurazioni Generali S.p.A and to the Non-Life Generali Group business, the Group Non-Life Actuarial Function mission is to support the Group Head of Actuarial Function in:

- Defining the AF standard reference framework
- Coordinating the Solvency II Technical Provisions (TP) calculation process
- Informing the Board of Directors of the reliability and adequacy of the TP calculation
- Formulating an opinion on the overall underwriting policy and on the reinsurance arrangements
- Contributing to the effective implementation of the risk-management system
- Performing other activities assigned to the actuarial function by IVASS

The Actuarial Analyst supports the Head of the Non Life Actuarial Function on the oversight activities over Group Non Life Technical Provisions within the Solvency II framework. The Actuarial Analyst reports to the Head of Group Non Life Actuarial Function, interacts with Group Actuarial Function colleagues, with other GHO departments and with foreign subsidiaries.

Key responsibilities of the role will include:

- Support to the Head of Group Non Life Actuarial Function: (1) the definition of the Group’s framework (process, methodology, deliverables) to be rolled-out and adopted by all Group’s Companies in the valuation of the S2 Non Life Technical Provisions; (2) the analysis of S2 Non Life TP results provided by local business units, (3) the monitoring and analysis of regulatory developments
- Interact with local actuarial functions of Generali Group’s Companies, to: (1) understand local Non Life TP valuation activities and outputs, (2) support local actuarial functions in case of issues affecting local Non Life TP (3) gain a technical expertise on local specificities
- Participate in ad-hoc projects such as: valuations framework developments (including Solvency II), Sustainability analyses, reserving adequacy analyses, or extension to non EEA companies of Group framework

Must have:

- Master degree in in actuarial sciences, economics, mathematics or other quantitative sciences
- At least 2 years of experience in insurance industry / actuarial sector
- Knowledge of actuarial techniques and of Non Life insurance accounting practices and standards
- English proficiency

Nice to have:

- Knowledge of actuarial software (ResQ, Igloo, Risk Agility, R)
- Experience in validating Non Life Technical Provisions, or in auditing activities in general
- Experience with international working environment

Soft skills:

- Excellent attitude for analytical analysis and creativity
- Drive for excellent quality in producing output report either textual, graphic or numeric
- Proactive approach, and strong collaboration skills and teaming ability
- Strong presentation and communication skills
- Solution oriented and strong problem solving