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Senior Actuary

Department: Underwriting
Location: San Diego, CA

Why work with us?

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

Salary Range: $140,000.00 - $160,000.00

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:

We are seeking an experienced candidate for a senior-level position that plays a crucial role in the success of Generali’s travel insurance line of business. This position offers a comprehensive exam program, including financial support and study time, for highly motivated candidates aiming to progress through the Casualty Actuarial Society (CAS) examinations, ultimately achieving Associateship or Fellowship in the CAS. Programming skills are critical to success in this role. This position provides expert level skill and expertise in the areas of data acquisition, presentation, reconciliation, actuarial rate indications, loss reserve analysis, and/or financial or generalized linear modeling. The Senior Actuary may act as a lead or mentor less experienced team members.

Principal Duties and Responsibilities:

  • Collect data, perform analyses, and present results for pricing indications, loss reserve reviews and/or financial modeling. Participate in actuarial analysis and recommendations to improve profitability, reserve accuracy, or modeled results including assisting in the development of appropriate methodologies and monitoring systems.

  • Become intimately familiar with company data systems and department processes to allow for conversion, enhancements, automation, and formal documentation of improvements.

  • Participate in special projects related to statistical modeling, development of new or revised systems and attendant reporting mechanisms, and problem solving, or investigation related to data acquisition/refinement and availability. Respond to requests for special assistance, financial information, or actuarial support to other company departments or to senior management.

  • Collect and present statistical information on company experience and financial results.

  • Participation in peer review as ability and experience allows.

  • Participate in continuous learning activities, including building relationships across the company with colleagues in accounting, claims, finance, marketing, as well as within the actuarial department.

  • Progress toward actuarial accreditation through successful completion of actuarial exams.

  • Performs routine actuarial analysis under minimal to moderate supervision.

Required / Desired Knowledge, Experiences and Skills:

  • 10+ years of actuarial experience.
  • Effective communication skills (both written and verbal).

  • Applies broad expertise and knowledge in highly specialized fields or several related disciplines.

  • Leads and contributes to development of company objectives and principles to achieve goals in creative and effective ways.

  • Works on significant and unique issues where analysis of situations or data requires an evaluation of intangibles.

  • Uses conceptual thinking to understand advanced issues and implications.

  • Exercises independent judgment in methods, techniques, and evaluation criteria for obtaining results. Accountable for results, which may impact the entire function.

  • Creates formal networks involving coordination among groups.

  • Focuses on providing thought leadership and works on broader organization projects, which requires understanding of wider business.

  • Requires conveying advanced information and persuading several diverse stakeholders/audiences.

  • Recognized internally as a subject matter expert.

  • May direct the activities of others.

Education/Certifications:

  • High School Diploma or Equivalent (GED) required.

  • Bachelor’s degree required, preferably in mathematics, actuarial science, statistics, or economics; or computer science with a strong secondary concentration or minor in one of above.

  • ACAS required.

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.

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.

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