Junior Reinsurance Analyst

Generali; Trieste/Trst; In loco; EUR 30.000 - 50.000; Tempo pieno

Descrizione del lavoro

A leading company in the insurance sector seeks a proactive individual to join their Group Life Reinsurance team. This role involves in-depth analysis of reinsurance agreements and producing high-quality financial reports. Ideal candidates should have a strong academic background in Economics or a related field and should display sharp analytical skills in a fast-paced environment.

Competenze

• 1-3 years of experience in Life Reinsurance or Life Insurance sector preferred.
• Flexibility to travel.

Mansioni

• In-ward reinsurance portfolio accounting and administration.
• Analyze reinsurance treaties and profitability.
• Prepare reports for the Head of Life Reinsurance.

Conoscenze

Analytical thinking

Attention to detail

Problem-solving

Communication skills

Interpersonal skills

Formazione

Bachelor's or Master's Degree in Economics, Statistics or Actuarial Science

Strumenti

Microsoft Office

Visual Basic programming

Descrizione del lavoro

Within 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 perspective
• Identification of possible critical areas in the Terms & Conditions of Reinsurance agreements
• Elaborate appropriate contractual wording to address the T&C criticisms
• Identify possible critical areas in the products subject to reinsurance and possible initiatives to address any criticisms detected during the product analysis
• Guarantee the correct data transfer to the Accounting/Admin System (SICS)
• Support in data gathering and regular reporting from the Ceding Business Units
• Analysis of reinsurance treaties profitability
• Measure the economic and/or solvency impacts of available reinsurance initiatives
• Prepare supporting material for the Head of Life Reinsurance

Requirements

Our ideal candidate will meet the following requirements:

• Bachelor's or Master's Degree in Economics, Statistics and Actuarial Science or any related field
• Good understanding of balance-sheet main principles
• Good understanding of Solvency II model
• Good knowledge of Microsoft Office
• Good knowledge of Visual Basic programming
• Flexibility to travel

Nice to have:

• 1-3 years of experience in Life Reinsurance or Life Insurance sector

Soft skills:

• Analytical thinker with strong attention to details and excellent problem-solving capacity
• Ability to deliver high quality results in a high-pressure environment
• Ability to manage emergencies and changes of priorities at short notice
• Team working oriented
• Good communication and interpersonal skills

Company Profile

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. At Generali we are transforming our business to deliver on our strategic ambition to become ‘Lifetime Partner’ for our Customers and Distributors.