Actuarial Analyst II

Generali Global Assistance•San Diego, CA

2d•Hybrid

About The Position

Embark on a Journey That Makes a Difference. At Generali Global Assistance (GGA), every day is an opportunity to help people explore the world with confidence. Were not just in the business of protectionwere in the business of adventure and peace of mind. Whether its a backpacker trekking through the Andes, a family cruising the Mediterranean, or a solo traveler chasing the Northern Lights, were there to ensure their journey is safe and supported. From assisting with emergency medical claims to guiding customers through trip disruptions or ID theft, your work helps turn travel challenges into stories of resilience. Set Sail on a Career Path to Success. Our teams value curiosity and collaboration while priding ourselves on fostering a welcoming and inclusive atmosphere for our employees. Elevate your journey through our internal programs, including: Diversity, Equity, and Inclusion (DEI) Committee Career pathing and Individual Development Plans Internal training and intern opportunities Women in Business Mentorship Program Employee awards and recognition Education and professional development assistance program Passport to Perks Includes: Generous Employer contribution for health, dental, and vision insurance Paid Maternity and Paternity Leave Scholarship Program for Employee Dependents Company match on 401k Employee Assistance Program (EAP) Company paid short-term and long-term disability insurance Company paid life insurance Voluntary Pet Insurance Voluntary Legal Benefit Discounts on travel insurance Time off policies including vacation days, sick days, personal days, holidays and volunteer days (VTO) Your Role on the Expedition: This position is responsible for providing critical analysis and internal reporting for companywide processes such as reserving, forecasting, portfolio analyses, and miscellaneous supporting initiatives. A successful candidate must synthesize expert level understanding of insurance, finance, and building models to address questions from a wide variety of departments including Underwriting, Finance, Sales, and top management. Required skills include in-depth knowledge of reserving, relational databases, data warehouses, Excel, financial models, and a working knowledge of predictive modeling. This position works with all management levels across the North American organization with significant exposure to Holding Company and is a direct report to Sr Actuarial Analyst.

Requirements

High School Diploma or Equivalent (GED) required.
Bachelor's degree (B.S.) in mathematics, actuarial science, economics, finance or similar degree from an accredited college or university required, or related degree.
Completion of at least 1-3 actuarial exams.
2+ years related actuarial experience.
Reserving principles including understanding the reserving process and financial impacts.
Clear communication skills.

Nice To Haves

Knowledge of IFRS17 and Solvency2 preferred.
Knowledge of PBI, SQL, R and ResQ preferred.
Experience working with finance, sales, operations and executive level communications preferred.

Responsibilities

Quarterly and annual reserving for IFRS17 and Solvency2 using established actuarial methods.
Provides range of reasonable reserves, selects best estimates, and provides clear explanations of changes from one analysis to the next.
Compares own assumptions with alternate competing assumptions and assesses impact best estimate.
Tracks evolution of booked value within range, and in comparison, to best estimate.
Support Capital and Investment functions on topics involving UBEL.
Support in IT projects related to losses.
Performs the estimation of losses for Budget and Forecast.
Develops criteria to validate results considering prior expectations.
Identifies root causes of results materially outside of expectation.
Assists colleagues with validation, version control and consistency of assumptions throughout process.
Examines and interprets technical results in the context of the specific complex business questions being addressed.
Identifies new questions and/or unforeseen data complexities arising from technical results and takes steps to address them with appropriate responsible parties.
Uses data systems, query tools to design and execute work projects associated with the above.
Provides clear communication of results both in writing and verbally, being clear and concise by identifying appropriate level of detail for intended audience, using data visualization wherever possible.

Benefits

Generous Employer contribution for health, dental, and vision insurance
Paid Maternity and Paternity Leave
Scholarship Program for Employee Dependents
Company match on 401k
Employee Assistance Program (EAP)
Company paid short-term and long-term disability insurance
Company paid life insurance
Voluntary Pet Insurance
Voluntary Legal Benefit
Discounts on travel insurance
Time off policies including vacation days, sick days, personal days, holidays and volunteer days (VTO)