Risk Understanding Lead

Generali Italia SpA; Milano; Ibrido; EUR 70.000 - 90.000; Tempo pieno

Descrizione del lavoro

A leading global insurance provider is seeking a talented professional in Milan or Trieste to lead climate risk modeling methodologies. This role involves ensuring state-of-the-art risk modeling capabilities for pricing and underwriting. Ideal candidates have 4+ years in NatCat modeling, strong analytical skills, and expertise in programming tools like Python and R. The position requires teamwork with scientific institutions to continuously enhance model capabilities and ensure robust outcomes.

Competenze

• 4+ years of experience in NatCat modelling or related quantitative fields.
• Advanced knowledge of catastrophe models and climate risk techniques.
• Proven experience with scientific collaborations.
• Strong statistical background.
• Problem-solving and conceptual skills.
• Strong communication capabilities.

Mansioni

• Oversee NatCat risk understanding suite for Business Units.
• Design methodologies for blending internal and external models.
• Coordinate with scientific partners to evolve model capabilities.
• Ensure model calibration against Generali’s historical claims.
• Provide technical outputs to support pricing and loss prevention.
• Lead improvement of NatCat risk modelling frameworks.
• Ensure cutting-edge modelling practices.

Conoscenze

NatCat modelling

Statistical analysis

Python

R

SQL

GIS

Stakeholder management

Descrizione del lavoro

Within the Group Climate Hub function, we are looking for a talented and proactive resource to lead the development of Generali’s climate risk understanding methodologies. This role will be responsible for designing and maintaining cutting‑edge approaches to blend internal models (based on Generali claims data and collaborations with scientific institutions, such as ECMWF) with external vendor models (e.g. RMS, Moody’s). The position will play a pivotal role in ensuring that the Group’s risk modelling capabilities remain state‑of‑the‑art and provide robust quantitative foundations for pricing, underwriting, loss prevention, and accumulation monitoring.

The job holder can be based both in Milan or Trieste.

Key responsibilities of the role will include:

• overseeing the NatCat risk understanding suite on all relevant perils needed to support Business Units primary business (for pricing, underwriting, risk accumulation)
• designing and implementing methodologies for blending internal and external NatCat models, ensuring scientific soundness and business relevance
• coordinating with scientific partners and external vendors to continuously evolve model capabilities and integrate new climate insights
• guaranteeing model calibration and validation against Generali’s historical claims experience
• providing expert guidance and technical outputs to support colleagues in pricing, loss prevention, claims, and accumulation monitoring
• leading the continuous improvement of NatCat risk modelling frameworks, ensuring their alignment with the Group’s strategic priorities
• ensuring that Generali’s modelling practices remain at the cutting edge of industry and scientific developments

Requirements

Our ideal candidate will meet the following requirements:

• 4+ years of experience in NatCat modelling, actuarial science, or related quantitative fields within insurance or reinsurance.
• advanced knowledge of catastrophe models, climate risk modelling techniques, and exposure management
• proven experience in managing collaborations with scientific institutions and model vendors
• strong statistical and analytical background, with proficiency in relevant modelling tools (e.g. Python, R, SQL, GIS)
• excellent problem‑solving and conceptual skills, with ability to translate technical insights into actionable business guidance
• strong communication and stakeholder management capabilities across both technical and non‑technical audiences

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.