Life Actuarial Specialist
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.
Within the AG Administration, Finance and Control, the AG Reserving and Actuarial Calculation Unit supports the head of AG Administration, Finance and Control by:
- Coordinating and supervising the Life statutory reserves Assicurazioni Generali S. p. A
- Calculating the technical provisions of Assicurazioni Generali S. p. A in the Solvency II framework
- Supporting the implementation of Assicurazioni Generali S. p. A. IFRS17 processes and calculating the related actuarial figures
Within this area we are looking for Life Actuarial Specialist.
The Actuarial specialist will report to the Head of Life AG Reserving and Actuarial Calculation Unit and interact especially with the actuarial calculation dept.
of branches and local business units as well as with the Group Own Fund and Actuarial Calculation Unit and the Group Actuarial Function.
Key responsabilities of the role will include:
- Coordination of AG branches and Group companies in the calculation of the AG Solvency 2 Life TP, monitoring the regulatory developments
- Autonomously monitor and review AG statutory reserves supporting the Business Units in the calculation and interacting with the Group Actuarial Function
- Contribute to the implementation and optimization of IFRS17 processes to ensure compliance with the timelines and construction of analyzes to support the results
- Monitoring and review of AG Life statutory reserves
- Calculation of the AG Solvency 2 Life TP
- Implementation and optimization AG IFRS17 actuarial processes
**Must have
- Master's degree in actuarial sciences, economics, mathematics or other quantitative sciences
- 5-6 years at least of Life Actuarial experience in insurance industry
- Good knowledge and experience of either: Local GAAP and Solvency II framework; Life valuation metrics and actuarial models
**Soft skills
- Attitude for analytical analysis, creativity and ownership
- Good quality in producing output report either textual, graphic or numeric
- Collaboration skills and teaming ability
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