RISK MANAGEMENT - JUNIOR P&C RISK ANALYST

Job description

JOB PURPOSE/ROLE: The candidate will be part of the PC Risk Management Dept. in the CRO Area, as junior analyst on Catastrophe risks. KEY RESPONSIBILITIES: - Calculation of Risk Capital for Non-Life Underwriting Risks, using Allianz Internal Model, Standard Formula and USP parameters, comparing different models and analyses movements for all the Italian Non-Life Companies of the Group, focusing in particular on the Catastrophe risks (NatCat and non NatCat) - Development & parameterization of the models for Solvency II and internal steering purposes for Natcat models and Terror models, preparing data, relative assumption documentation and managing the related governance including exchange with intra company expert teams and the Allianz SE Group. - Actively support the business processes and translation of risk capital results in business steering: product approvals and UW decisions, reinsurance optimization, monitoring KPIs (e.g. cat accumulation, …).. - Interaction with business, actuarial departments, actuarial function, accounting departments and reinsurance; contribute to their relevant sector meetings. - Contribute in the internal and external reporting: ORSA, RSR, SFCR; report...