Job DescriptionWithin 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:In-ward reinsurance portfolio accounting, day to day administration, portfolio profitability analysis, and contractual documentation (wording and issuing)Analysis of the most efficient reinsurance solution (proportional and non-proportional programs) from the Business Unit perspectiveIdentification of possible critical areas in the Terms & Conditions of Reinsurance agreementsElaborate appropriate contractual wording to address the T&C criticismsIdentify possible critical areas in the products subject to reinsurance and possible initiatives to address any criticisms detected during the product analysisGuarantee the correct data transfer to the Accounting/Admin System (SICS)Support in data gathering and regular reporting from the Ceding Business UnitsAnalysis of reinsurance treaties profitabilityMeasure the economic and/or solvency impacts of available reinsurance initiativesPrepare supporting material for the Head of Life ReinsuranceRequirementsOur ideal candidate will meet the following requirements:Bachelor's or Master's Degree in Economics, Statistics and Actuarial Science or any related fieldGood understanding of balance-sheet main principlesGood understanding of Solvency II modelGood knowledge of Microsoft OfficeGood knowledge of Visual Basic programmingFlexibility to travelNice to have:1-3 years of experience in Life Reinsurance or Life Insurance sectorSoft skills:Analytical thinker with strong attention to details and excellent problem-solving capacityAbility to deliver high quality results in a high-pressure environmentAbility to manage emergencies and changes of priorities at short noticeTeam working orientedGood communication and interpersonal skillsCompany ProfileGenerali 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.
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