Senior ALM Analyst

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.
 
Over almost 200 years, we have built a multinational Group that is present in more than 60 countries, with 470 companies and nearly 80,000 employees. Our Group aims to become the standard bearer and industry leader in the European retail insurance market, building on our existing base of 50 million retail clients, out of an overall total of 72 million.

 
Within the BU, Generali Investment Management Solutions (GIMS) steers the investments of Generali insurance companies worldwide. Within GIMS, the Group ALM/SAA team has the main task of defining the strategic asset allocation of the Group as well as of the individual portfolios, fitting with the liability requirements and overall risk/return appetite.
 
The candidate will be a member of the Global ALM/SAA team, with the following duties:

• Contribute to the development and enhancement of models and tools to support ALM and SAA decisions;
• Perform analytical valuations and make proposals on investment strategies for insurance portfolios using ALM models;
• Develop Strategic Asset Allocation (SAA) for Life and P&C portfolios based on robust asset-liability analysis;
• Preparation and presentation of SAA proposals to Senior Management;
• Interact with Finance, Actuarial and Risk functions on ALM/SAA topics. 

The ideal candidate will meet the following requirements: 
 
Must have

• Master degree in finance, actuarial science, statistics or similar quantitative field;
• 3-5 years' working experience, preferably with a financial, capital/risk management, insurance or actuarial background of insurance companies or consulting firms;
• Strong coding skills in one or more of the following: R, Matlab, Prophet, Python, Visual Basic, C/C++
• Good level of English language, both written and spoken;
• Good knowledge and experience of:
• financial modeling and capital markets' instruments, including derivatives;
• portfolio management and optimization;
• Solvency II framework;
• accounting and insurance regulation;
• Life valuation metrics and actuarial models.

Nice to have

• CFA, PhD or Actuarial Certification;
• Knowledge of Economic Scenario Generators;
• Good level of German or French language, both written and spoken.

Soft Skills

• Excellent attitude for analytical analysis and creativity;
• Proactive approach, and strong collaboration skills and teaming ability;
• Good presentation skills.