Job Description
The Asset Allocation & LDI Structuring team is part of the Generali Asset Management Investment Function. The team supports the implementation of the investment strategy for all portfolios managed by GenAM and employs quantitative methodologies to perform asset allocation analyses on both existing and new products.
As quantitative asset allocation specialist, you will play a crucial role in developing and implementing advanced data models to optimize our investment strategies and manage asset-liability risks.
You will work closely with portfolio managers, analysts, and other stakeholders to analyze financial data, identify trends, and provide actionable insights that drive investment and risk management decisions.
Key Responsibilities:
Requirements
The role is offered within the 3° Area Professionale category, under the National Collective Labour Agreement for the Banking Sector (CCNL Credito) and the applicable Company Collective Agreement (Contratto Integrativo Aziendale).
The starting gross annual salary is €37.000. The final offer will reflect the candidate's professional experience and the technical and interpersonal competences required for the position and may include an individual variable compensation component.
Additional benefits include:
Why Choose 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 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.
Generali Asset Management is a European investment specialist, offering a wide range of active funds and bespoke solutions across both public and private markets. Our investment experience is grounded in a solid heritage, with skills that have been developed and honed over time by managing Generali Group and external clients' assets.
Generali Asset Management S.p.A. guarantees a solid framework of services designed to support various asset management activities. Key elements include the provisioning of IT services over all applications underpinning the investment and asset management value chain (Front Office, Trading Desk, Investment Compliance, Middle and Back Office, Analytics and Reporting, etc.) The company also acts as a holding company, retaining share capital in the boutiques and Generali Investments' companies.
The Asset Allocation & LDI Structuring team is part of the Generali Asset Management Investment Function. The team supports the implementation of the investment strategy for all portfolios managed by GenAM and employs quantitative methodologies to perform asset allocation analyses on both existing and new products.
As quantitative asset allocation specialist, you will play a crucial role in developing and implementing advanced data models to optimize our investment strategies and manage asset-liability risks.
You will work closely with portfolio managers, analysts, and other stakeholders to analyze financial data, identify trends, and provide actionable insights that drive investment and risk management decisions.
Key Responsibilities:
- Develop and maintain predictive models to enhance the accuracy and efficiency of asset allocation, portfolio optimization, and asset liability management
- Support the definition and ensure the implementation of the investment strategy defined by the Head of Investments and the Investment Committee across various portfolios and asset classes
- Develop new software and applications aimed at supporting the overall investment process (both for asset-only and LDI oriented clients)
- Generate and test investment ideas, analyzing their coherence with the overall portfolio strategy
- Analyze large datasets to identify patterns, trends, and correlations that inform investment and risk management decisions
- Monitor and evaluate the performance of investment strategies and make data-driven adjustments as needed
- Collaborate with portfolio managers to understand their needs and provide data-driven recommendations
- Stay up-to-date with the latest developments in data science, finance, and technology to continuously improve our models and processes
Requirements
- Master's degree (or equivalent) in Mathematics, Physics, Mathematica Engineering, Quantitative Finance, or a related field
- 1-3 years of professional experience in quantitative analysis, financial modeling, data science, or related quantitative activities, preferably gained within the asset management, investment, banking, insurance, or broader financial services industry
- Strong programming skills in Python and solid proficiency in Microsoft Office applications. Knowledge of SQL, database management systems, Visual Basic, C/C++, or Java is considered a plus
- Demonstrated interest in financial markets and investments through academic studies, professional experience, personal projects, or research activities
- Previous experience as a Portfolio Manager, Investment Analyst, Quantitative Analyst, or in a similar financial role is considered a strong advantage
- Postgraduate qualifications in Finance (e.g., Master's degree in Finance, CFA Program, FRM, or equivalent) or the willingness to pursue such certifications are highly appreciated
- Fluency in English, both written and spoken
The role is offered within the 3° Area Professionale category, under the National Collective Labour Agreement for the Banking Sector (CCNL Credito) and the applicable Company Collective Agreement (Contratto Integrativo Aziendale).
The starting gross annual salary is €37.000. The final offer will reflect the candidate's professional experience and the technical and interpersonal competences required for the position and may include an individual variable compensation component.
Additional benefits include:
- Health insurance coverage
- Supplementary pension scheme
- Corporate welfare plan
- Hybrid working arrangements (Smart-working)
- Meal vouchers
- Preferential access to Group products and services
- Training programs and Learning platforms
- Opportunities for internal and international mobility
Why Choose 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 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.
Generali Asset Management is a European investment specialist, offering a wide range of active funds and bespoke solutions across both public and private markets. Our investment experience is grounded in a solid heritage, with skills that have been developed and honed over time by managing Generali Group and external clients' assets.
Generali Asset Management S.p.A. guarantees a solid framework of services designed to support various asset management activities. Key elements include the provisioning of IT services over all applications underpinning the investment and asset management value chain (Front Office, Trading Desk, Investment Compliance, Middle and Back Office, Analytics and Reporting, etc.) The company also acts as a holding company, retaining share capital in the boutiques and Generali Investments' companies.
