Job Description
Within the ALM and Investment Risk, we are looking for a Senior ALM and Investment Risk Analyst to support the Switzerland & France unit, within the Global Investment Management function.
The ideal candidate will have a strong analytical background, experience in ALM or investment risk, and a solid understanding of insurance products and investment portfolios.
Key responsibilities of the role will include:
Requirements
Our ideal candidate will meet the following requirements:
Soft Skills:
Additional information:
What we offer:
We offer employment at the Funzionario Business level with the relevant salary, in accordance with the CCNL ANIA for non-executive employees and the Generali Group Company Agreement.
Gross annual salary ranging between 60.000€ and 75.000€. The final offer will be aligned with the candidate's professional experience, technical and soft skills relevant to the role, and may include an individual variable component.
We also offer:
Why Join Generali
Joining Generali means becoming part of an international Group with a strong heritage and a forward-looking vision, where people are at the center of our sustainable growth strategy.
We foster a responsible, inclusive, and innovation-driven work environment, where everyone can contribute to creating value for customers, society, and the communities in which we operate. We believe that diversity, equity and inclusion are essential to building a stronger culture and driving sustainable growth.
At Generali, you will find opportunities to grow through continuous learning, career development paths, and internal mobility across the Group. We recognize talent and merit, and support flexibility as a key enabler of well-being and a sustainable work-life balance.
Working with us means sharing strong values and taking on meaningful challenges together to build a safer and more sustainable future every day.
As an Equal Opportunity Employer, Generali evaluates all applications based exclusively on objective and gender-neutral criteria, including skills, experience and potential, ensuring fairness and transparency throughout the selection process.
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.
Within the ALM and Investment Risk, we are looking for a Senior ALM and Investment Risk Analyst to support the Switzerland & France unit, within the Global Investment Management function.
The ideal candidate will have a strong analytical background, experience in ALM or investment risk, and a solid understanding of insurance products and investment portfolios.
Key responsibilities of the role will include:
- Perform ALM analysis and monitoring at Group level, defining criteria and tools for conducting the activity at Local level, also supporting and supervising the LCIO functions.
- Develop and enhance ALM models, tools, processes and methodologies to perform ALM and Investment Risk analysis and monitoring.
- Support the Strategic Asset Allocation (SAA) process, providing key strategic drivers, targets and constraints at portfolio level.
- Perform risk-return assessments at portfolio level.
- Contribute to first level risk controls at local level, supporting the implementation of investment risk oversight processes.
- Collaborate with internal stakeholders (CIO, CRO, Actuarial and Insurance teams) to ensure consistency in ALM methodologies and investment risk frameworks.
- Prepare and deliver ALM & Investment risk reports for internal committees and senior management.
- Stress testing and scenario analysis.
- Assessment of capital and solvency impacts of investment strategies and business initiatives.
- Identification of emerging risks and definition of mitigation actions.
Requirements
Our ideal candidate will meet the following requirements:
- Master's degree in finance, actuarial science, statistics, economics or a similar quantitative field.
- Minimum 5 years of experience in financial risk management, capital/liquidity management, ALM, or actuarial roles, preferably in the insurance or consulting industry.
- Strong background in:
- Life valuation metrics and actuarial models.
- financial modeling and capital markets instruments.
- Regulatory framework: Solvency II and IFRS9/17.
- Proficiency in one or more of the following tools: MATLAB, Python, R, Prophet, Power BI.
- Knowledge of Swiss and/or French insurance market specificities is a plus.
- Fluency in English.
- Knowledge of France and/or German is a plus.
Soft Skills:
- Strong analytical and creative problem-solving skills.
- Proactive, with strong collaboration abilities and teamwork skills and results-oriented approach.
- Effective presentation skills.
- Ability to work effectively in a dynamic international environment.
- Strong organizational skills and attention to detail.
Additional information:
- Availability for business travel
What we offer:
We offer employment at the Funzionario Business level with the relevant salary, in accordance with the CCNL ANIA for non-executive employees and the Generali Group Company Agreement.
Gross annual salary ranging between 60.000€ and 75.000€. The final offer will be aligned with the candidate's professional experience, technical and soft skills relevant to the role, and may include an individual variable component.
We also offer:
- Smart working and flexible hours
- Corporate welfare system
- Meal vouchers
- Supplementary health insurance and discounted insurance policies
- Well-being initiatives
- Training and development
- Structured continuous learning paths (technical and managerial)
- Career development programs within the Group
- Access to learning platforms and internal mobility opportunities, including international
Why Join Generali
Joining Generali means becoming part of an international Group with a strong heritage and a forward-looking vision, where people are at the center of our sustainable growth strategy.
We foster a responsible, inclusive, and innovation-driven work environment, where everyone can contribute to creating value for customers, society, and the communities in which we operate. We believe that diversity, equity and inclusion are essential to building a stronger culture and driving sustainable growth.
At Generali, you will find opportunities to grow through continuous learning, career development paths, and internal mobility across the Group. We recognize talent and merit, and support flexibility as a key enabler of well-being and a sustainable work-life balance.
Working with us means sharing strong values and taking on meaningful challenges together to build a safer and more sustainable future every day.
As an Equal Opportunity Employer, Generali evaluates all applications based exclusively on objective and gender-neutral criteria, including skills, experience and potential, ensuring fairness and transparency throughout the selection process.
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.
