Group Technical Reserving Manager

Job Purpose

• Drive the development, oversight, and continuous improvement of the Group’s technical reserving framework, ensuring consistent, reliable, and insightful reserve assessments across all entities.
• Strengthen the Group’s ability to monitor technical performance by harmonizing methodologies, supporting local teams, and providing high‑quality analyses to guide strategic and financial decisions.
• Closely collaborate with local CINSO (Insurance) teams to enhance reserving maturity, ensure aligned practices, and foster convergence toward a Group‑wide best estimate approach.
• Actively contribute to the engagement and coordination of the Group’s Insurance Community.

Methodology & Process

• Strongly support local entities in adopting best‑in‑class reserving practices, tailored to their specific business contexts.
• Harmonize local reserving practices toward a unified Group‑wide best estimate approach.
• Contribute to the implementation of comprehensive Group reserving monitoring frameworks aligned with the Group’s strategic objectives and Generali’s global guidelines.
• Contribute to the evolution of Group Guidelines by integrating the best practices and lessons learned.

Reporting & Review

• Lead and monitor the Group technical reserves review with independent review of OCR and IBNR calculation.
• Produce regular Group‑level reports on reserving and portfolio profitability, providing actionable insights for decision‑makers.
• Identify and analyze the differences in granularity and methodology between local calculation processes (CINSO teams) and Group calculation (S2, IFRS17), and propose concrete actions to strengthen consistency, comparability, and the overall quality of reserves at Group level.
• Conduct in‑depth technical analyses and develop targeted action plans in partnership with claim teams.
• Review and validate technical assumptions used in budget and forecast exercises to ensure consistency, accuracy, and alignment with Group standards.
• Support the Group’s top management by providing clear and regular analysis of the technical margins embedded in the business plan.

Tools

• Design and deploy automated data visualization dashboard for reserving monitoring, enabling timely reporting and early detection of adverse trends across the Group.

Relationships

• Strong collaboration with local CINSO teams ensuring aligned practices.
• Close cooperation with Group Technical Excellence team to define relevant case reserve methodologies.
• Regular interaction with Group Finance team to ensure consistency between local and Group calculations.

Preferred Experience

• At least 7 years of experience in reserving within the Non‑Life Insurance (or Assistance) sector.
• Strong analytical background, ideally combining financial analysis, controlling, and actuarial or pricing experience.
• Proven ability to lead and structure methodological or process‑driven projects within a multicultural or decentralized organization.

Technical Skills

• Fluent in English, with strong written and verbal communication skills.
• Strong understanding of non‑life insurance accounting principles and reserving frameworks, including OCR, IBNR, S2, and IFRS17.
• Proficiency in data analysis tools, ideally including R, Python, and Power BI, with a strong appetite for building automated monitoring dashboards.
• Ability to collaborate effectively with multiple Group functions (CINSO, Technical Excellence, Finance) to ensure aligned and robust reserving practices.
• A mindset oriented toward continuous improvement, harmonization of practices, and strengthening the quality and reliability of Group technical reserves.

We are an equal opportunity employer and encourage applications from all qualified individuals, including those from diverse backgrounds. We are committed to inclusion and non‑discrimination.