Head of Non-Life Risk Capital & Business Support

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. Generali is looking for a Head of Non-Life Risk Capital & Business Support.  The successful candidate will be responsible

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. Generali is looking for a Head of Non-Life Risk Capital & Business Support. 

The successful candidate will be responsible for: 

  • Maintenance and further development of group-wide Non-Life Risk Internal Model Methodology & Non-Life Risk IT Tools 
  • Maintenance and further development of group-wide Non-Life Risk Standard Formula Methodology & Non-Life Risk IT Tools 
  • Review of group-wide Internal Model, USP and Standard Formula local calculations and documentation; 
  • Local review and Group aggregations of capital requirement for Global Corporate & Commercial business; 
  • Contribution to the quantitative risk reporting for Group and Assicurazioni Generali SpA; 
  • Contribution to the quantitative and qualitative analyses for Group Reinsurance and Group business initiatives. 
Responsibilities of the role will include the following:
  • Managerial oversight of his/her Non-Life Risk Capital & Business Support team 
  • Extensive engagement with Group ERM Capital Model Framework unit, Group Reinsurance Department and local business units 
  • Management interactions and presentations, including engagement with Group and local insurance regulators 
  • Plan and provide training to other Group and Local functions 
The ideal candidate will meet the following requirements:
Must have 
  • Master in Statistical / Actuarial or any other quantitative background 
  • At least 5-7 years of expertise in (re-)insurance sector and/or consultancy 
Soft skills
  • Strong presentation and communication skills 
  • Experience with international working environment 
  • Structured 
  • Solution oriented 

Nice to have
  • Proficient in use of MS Office application tools, previous experience with ResQ and/or Igloo are a strong plus 
  • Strong Willingness and commitment to develop himself/herself in a leadership role 
  • Good knowledge of English
  • Knoledge other languages is considered a plus