The North American branch of Generali Global Assistance offers a diverse and inclusive work environment while employees work towards making real difference in the lives of our clients. As an Organization, we pride ourselves with offering white glove service while being mindful of corporate responsibility and our environmental footprint.
Employees enjoy a plethora of benefits to include:
- A diverse, inclusive, professional work environment
- Flexible work schedules
- Company match on 401(k)
- Competitive Paid Time Off policy
- Generous Employer contribution for health, dental and vision insurance
- Company paid short term and long term disability insurance
- Paid Maternity and Paternity Leave
- Tuition reimbursement
- Company paid life insurance
- Employee Assistance program
- Wellness programs
- Fun employee and company events
- Discounts on travel insurance
Who are we?
Generali Global Assistance is proudly part of the Europ Assistance Group brand and our products utilize a number of corporate and product brands. The brands for our North American team include the following:
- CSA: US travel insurance brand for retail and lodging partners. Learn more here.
- Generali Global Assistance (GGA): The primary Corporate brand in the United States for our travel insurance, travel assistance, identity and cyber protection, and beneficiary companion products. Learn more here.
- GMMI: the industry standard for global medical cost containment and medical risk management solutions. Learn more here.
- Iris, Powered by Generali: identity and digital protection solution. Learn more here.
- Trip Mate: US travel insurance brand for tour operator, cruise and airline partners. Learn more here.
What you'll be doing.
Job Summary:
This position is responsible for gathering and analyzing statistical data to help the company make wise sales and financial decisions. The outcomes of this position help the company manage risk, determine cost structures, reduce costs, and increase profits. This position works with all management levels across the organization and is a direct report to the Manager, Actuarial.
Requirements:
Pricing and Profitability
- Analyze and quantify rating parameters and pricing products and provide recommendations when deviations and revisions from published standard assumptions are appropriate.
- Research, compile, and analyze historical actuarial data.
- Perform competitive analysis and assessment.
- Conduct due diligence, market analysis, statistical studies, production, and cost forecast.
- Support corporate and business financial planning by analyzing loss reserves, calculating/estimating IBNR & WBNR, and performing catastrophe/exposure studies.
- Identify and propose actions to improve profitability of products and accounts.
Risk Management and Rate Compliance
- Prepare rate filings/exhibits and assist in developing pricing, underwriting and fraud prevention strategies.
- Utilize actuarial tools and develop ad hoc tools as necessary to quantify risks presented by a product and account.
- Build and improve actuarial files, models, and algorithms.
- Conduct periodic audits of underwriting files to determine if pricing models are appropriately employed.
- Assist in reinsurance terms evaluation.
Product Development
- Assist with the development of new insurance products and advise underwriters in making profitable decisions regarding current and prospective business.
Analysis and Reporting
- Create appropriate measurements and reports including but not limited to monthly analysis of production, underwriting results, expenses, cash flow, and financial performance.
- Determine deviation from target/projections and determine potential source of material deviations in results from expectation.
- Participate in development of the annual budget.
Required / Desired Knowledge, Experiences and Skills:
Requirements:
- Minimum intermediate level experience using Microsoft Office Suite with an Excel emphasis.
Preferred:
- Minimum of one year work experience in a corporate environment preferred.
- Experience employing and understanding standard concepts, practices, regulations, and laws within the insurance and actuarial fields preferred.
Education/Certifications:
Requirements:
- High School Diploma or Equivalent (GED) required.
- Bachelor's degree (B.A.) in mathematics, actuarial science, economics, finance or similar degree from an accredited college or university required.
Pay Range: 95k-110k
Where you'll be doing it.
This is a hybrid role based out of our San Diego office. As a hybrid role, you will be working onsite 2-3 days a week and working from home 2-3 days a week.
When you'll be doing it.
While there is some flexibility in the hours, this position will be Monday-Friday during regular business hours (approximately 8:00am-5:00pm). Occasional overtime may be required according to business need.
Apply today to begin your next chapter.
Don't meet every single requirement? At Generali Global Assistance, we are dedicated to building a diverse, inclusive and enriching workplace, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.
California Residents - Privacy Notice for California Residents Seeking Employment with Generali Global Assistance is available here: https://us.generaliglobalassistance.com/privacy-notice-for-california-residents-seeking-employment/
The Company is committed to providing equal employment opportunity in all our employment programs and decisions. Discrimination in employment on the basis of any classification protected under federal, state, or local law is a violation of our policy. Equal employment opportunity is provided to all employees and applicants for employment without regard age, race, color, religion, creed, sex, gender identity, gender expression, transgender status, pregnancy, childbirth, medical conditions related to pregnancy or childbirth, sexual orientation, national origin, ancestry, ethnicity, citizenship, genetic information, marital status, military status, HIV/AIDS status, mental or physical disability, use of a guide or support animal because of blindness, deafness, or physical handicap, or any other legally protected basis under applicable federal, state, or local law. This policy applies to all terms and conditions of employment, including, but not limited to, recruitment and hiring, classification, placement, promotion, termination, reductions in force, recall, transfer, leaves of absences, compensation, and training. Any employees with questions or concerns about equal employment opportunities in the workplace are encouraged to bring these issues to the attention of Human Resources. The Company will not allow any form of retaliation against individuals who raise issues of equal employment opportunity. All Company employees are responsible for complying with the Company's Equal Opportunity Policy. Every employee is to treat all other employees equally and fairly. Violations of this policy may subject an employee to disciplinary action, up to and including termination of employment.