Head of Bancassurance Development

Generali; Milano; In loco; EUR 80.000 - 120.000; Tempo pieno

Descrizione del lavoro

A global insurance and asset management provider is seeking a Head of Bancassurance Development to enhance its bancassurance business by developing partnerships with banks and managing major deals. The ideal candidate has extensive experience in business development within the financial sector and strong financial modelling capabilities. This is a full-time position based in Milan, Italy, providing opportunities to influence strategic decisions.

Competenze

• 10+ years’ experience in Corporate/Business Development or the financial sector.
• Deep knowledge of insurance and banking sectors.
• Experience in structuring complex partnership agreements.

Mansioni

• Develop relationships with local and international banks.
• Screen and prioritize new bancassurance opportunities.
• Lead execution of major Bancassurance deals.

Conoscenze

Financial modelling

Valuation capabilities

Problem solving

Analytical skills

Communication

Formazione

Bachelor's or Master’s degree in Business or Finance

Descrizione del lavoro

Join to apply for the Head of Bancassurance Development role at Generali

Within the Group Chief Transformation Office function, we are looking for a talented and proactive resource to join the Group Bancassurance Team.

The job holder will contribute to further develop the Bancassurance business in the Group by working closely with Business Units to scout, screen and analyze new bancassurance opportunities across geographies. Moreover, the candidate will cooperate with other stakeholders within the Group to structure the partnership agreements and to ensure a smooth internal approval process.

Key responsibilities of the role will include:

• Cooperating and proactively developing, jointly with BU, relationships with local and international banks to further extend bancassurance market presence and to strengthen existing bancassurance partnerships
• Ensuring on-going screening, intelligence, collection and prioritization of new bancassurance opportunities in line with Group appetite and Group strategic priorities and in cooperation with Group Business Units
• Managing own set of relationships with Investments Bankers/Advisors to early identify emerging opportunities
• Leading the execution of major Bancassurance deals and ensuring the effective coordination of all internal stakeholders in alignment with Group Policies and Guidelines
• Strictly cooperating and constantly dialoguing with Insurance M&A and BUs for new opportunities mapping, and constantly interacting with BUs (and potential Advisors) for the definition of the business case and main economics terms of bancassurance cooperations
• Cooperating with BUs and Legal teams (Group or Regional/Local) for the definition of main contractual terms of the agreement
• In case of complex M&A transactions, cooperating with Insurance M&A in the execution of the process by leading the BA workstream
• Defining, implementing and maintaining Group Bancassurance Guidelines in alignment with all other relevant internal Policies and regulations

Requirements

Our ideal candidate will meet the following requirements:

• Bachelor's or Master’s degree in Business, Finance or any related field
• 10+ years’ experience in Corporate/Business Development, M&A, management consulting or in the financial sector, preferably in international contexts
• Strong financial modelling and valuation capabilities (business case, profitability analysis; banking and insurance KPIs, due diligence, …)
• Deep knowledge of insurance and banking sectors together with deep experience in Bancassurance models and insurance distribution
• Experience in structuring and executing complex partnership agreements

Soft Skills:

• Problem solving and strategic thinking
• Strong analytical skills and decision-making abilities
• Excellent communication and presentation skills
• Collaborative leadership and stakeholder management
• Ability to influence
• High adaptability and cultural agility in complex international environments
• Ability to manage multiple priorities and work autonomously

Company Profile

Generali Group Head Office is the guidelining unit of the Generali Group, one of the largest global insurance and asset management providers. Established in 1831, Generali is present in over 50 countries in the world, with a total premium income of € 82.5 billion in 2023. With around 82,000 employees serving 70 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. At the heart of Generali’s strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalised solutions, best-in-class customer experience and its digitalised global distribution capabilities. The Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society.

Seniority level: Mid-Senior level

Employment type: Full-time

Job function: Business Development

Industries: Insurance