P&C Facultative Reinsurance Underwriter

Generali; Trieste/Trst; In loco; EUR 50.000 - 70.000; Tempo pieno

Descrizione del lavoro

A global insurance leader is seeking a proactive team member to support facultative reinsurance efforts. This role involves optimizing reinsurance capacity, mitigating credit risk, and enhancing relationships with international reinsurers. Ideal candidates will have a relevant degree and at least 2 years of insurance or reinsurance experience, with proficiency in English. The company emphasizes innovation and strong communication skills in candidates.

Competenze

• Bachelor’s or Master’s Degree in Business Management, Economics, Law or any related field.
• Minimum 2 years of professional experience in insurance or reinsurance underwriting.
• Proficient in English.

Mansioni

• Support Group Companies to purchase optimal facultative reinsurance capacity.
• Mitigate Counterparty Credit Risk for cessions to Professional Reinsurers.
• Contribute to scalable Facultative Obligatory Reinsurance Solutions.

Descrizione del lavoro

Within the P&C Facultative Reinsurance, Claims and Services function, we are looking for a talented and proactive resource to join the team.

Key responsibilities of the role will include:

• Supporting in the empowerment all Group Companies and especially GC&C to purchase the optimum level of facultative reinsurance capacity within a specific agreed framework in line with Group Reinsurance Policy and relevant applicable Guidelines
• Acting wisely in the mitigation of the Counterparty Credit Risk for cessions to Professional Reinsurers, Co-Reinsurance, Captive, Fronting also recommending and assessing the right Collateral solutions (Letter of Credit, Parental Guarantee, Cash/Share/Pledge Account) to mitigate the risk
• Contributing to structure, coordinate, implement and monitor scalable Facultative Obligatory Reinsurance Solutions for the Group Business Units with Professional Reinsurers
• Enhancing business relationship with main international Reinsurers and Brokers seeking best innovative facultative reinsurance solution to achieve profitable growth goals

Requirements

Our ideal candidate will meet the following requirements:

• Bachelor’s or Master’s Degree in Business Management, Economics, Law or any related field
• Minimum 2 years of professional experience in insurance or reinsurance underwriting (exposure to multiple lines of business and/or international business and facultative experience is a plus
• Proficient in English (knowledge of other languages is a plus)
• Knowledge of Office 365 applications

Soft skills:

• Target oriented, willing to innovate, able to implement technical initiatives through the organization
• Strong technical and commercial skills
• Diplomatic, strong communicator, able to interact with both internal and external stakeholders, open and active listener
• Openness to innovation

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.