Investment Risk Analyst – Asset Management & KRIs

Generali Group; Trieste/Trst; On-site; EUR 90,000 - 130,000; Full time

Job summary

Generali Group is seeking a experienced Investment Risk professional to strengthen controls on Asset Management activities and develop KRIs at fund level. You will monitor KRIs, analyze risk against model portfolios, and define early warning indicators for insurance portfolios, while supporting reporting to senior management and boards.

You will contribute to enhancing the Investment Risk framework, map AuM across Group AM entities, and define risk-adjusted KPIs to assess investment proposals.

Qualifications

• 3–5 years in asset management or financial institutions, preferably in Investments or Risk Management.
• Understanding of Asset Management industry practices, markets, and risk types.
• Knowledge of private assets (Private Debt, Private Equity, Real Estate) and valuation concepts.
• Familiarity with risk management methodologies and related software/tools.
• Working knowledge of VBA or Matlab (or equivalent programming language).
• Proactive learning mindset and collaborative approach.
• Strong interpersonal skills with stakeholders.
• Analytical information-gathering and clear reporting.

Responsibilities

• Identify and monitor fund-level KRIs (e.g., SCR, credit default, market volatility) across asset classes.
• Analyze KRIs versus predefined model portfolios and report trends.
• Define early warning indicators to anticipate impacts on Insurance Portfolios.
• Strengthen monitoring for Alternative funds, ABS (CLOs, MBS), and Real Assets funds.
• Prepare and deliver reporting/disclosures to Senior Management and relevant Boards.
• Support integration with Group risk management frameworks to assess connections with main insurance risks.
• Assist in enhancing Investment Risk framework, including AuM mapping by Group AM Companies.
• Define risk-adjusted KPIs and monitor riskiness of investment initiatives against proposals.

Job description

Generali Group is seeking a experienced Investment Risk professional to strengthen controls on Asset Management activities and develop KRIs at fund level. You will monitor KRIs, analyze risk against model portfolios, and define early warning indicators for insurance portfolios, while supporting reporting to senior management and boards.

You will contribute to enhancing the Investment Risk framework, map AuM across Group AM entities, and define risk-adjusted KPIs to assess investment proposals.