Job Description
Within the Group Life Reinsurance function, we are looking for a talented and proactive resource to join the team, who will report to the Head of Life Reinsurance.
Key responsibilities of the role will include:
1. In-ward reinsurance portfolio accounting, day to day administration, portfolio profitability analysis, and contractual documentation (wording and issuing)
2. Analysis of the most efficient reinsurance solution (proportional and non-proportional programs) from the Business Unit perspective
3. Identification of possible critical areas in the Terms & Conditions of Reinsurance agreements
4. Elaborate appropriate contractual wording to address the T&C criticisms
5. Identify possible critical areas in the products subject to reinsurance and possible initiatives to address any criticisms detected during the product analysis
6. Guarantee the correct data transfer to the Accounting/Admin System (SICS)
7. Support in data gathering and regular reporting from the Ceding Business Units
8. Analysis of reinsurance treaties profitability
9. Measure the economic and/or solvency impacts of available reinsurance initiatives
10. Prepare supporting material for the Head of Life Reinsurance
Requirements
Our ideal candidate will meet the following requirements:
1. Bachelor's or Master's Degree in Economics, Statistics and Actuarial Science or any related field
2. Good understanding of balance-sheet main principles
3. Good understanding of Solvency II model
4. Good knowledge of Microsoft Office
5. Good knowledge of Visual Basic programming
6. Flexibility to travel
Nice to have:
1. 1-3 years of experience in Life Reinsurance or Life Insurance sector
Soft skills:
1. Analytical thinker with strong attention to details and excellent problem-solving capacity
2. Ability to deliver high quality results in a high-pressure environment
3. Ability to manage emergencies and changes of priorities at short notice
4. Team working oriented
5. Good communication and interpersonal skills
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. At Generali we are transforming our business to deliver on our strategic ambition to become 'Lifetime Partner' for our Customers and Distributors. #J-18808-Ljbffr