Actuarial & Risk Specialist

This is a unique opportunity for a talented Finance Professional to play a pivotal role in a leading European Insurtech. We now serve over 2.5 million active clients in Italy and recently launched our International expansion, with fully operational offices in London, Milan, Rome and Madrid. Our continued focus on cutting-edge tech and analytics coupled with superb user experience attracted a € 100 million investment from Goldman Sachs and Blackstone in 2018, keeping a continued sustainable growth since then.

Role

We are looking for a data-driven and strategic-thinker Actuarial & Risk Specialist who will report to the Actuarial & Risk Analytics Manager and will work closely with the Chief Financial Officer. Our desired candidate will have a strong background in quantitative risk management and actuarial, ideally with some experience in reserving or reinsurance and a strong interest in working in a high growth, innovative environment. We are looking for a Specialist with an analytical and data driven approach.

Specifically, you will take care of the following activities:

• Support group and local functions to monitor technical performance;
• Support the definition of key technical assumptions (average claims, frequency) for planning purposes, and alternative scenarios for stress-test projections;
• Support loss ratio monitoring and monitor loss ratio at country, product, and channel level;
• Support the assessment of business decisions based on quantitative analyses and risk implications;
• Map and quantify technical, financial, and strategic risks which Prima is exposed to;
• Define and implement risk reporting towards executives and the Board of Directors;

Responsibilities may develop to reflect both level of experience and the evolving strategy of the business.

Requirements

• 2+ years experience in similar positions, preferably with experience in insurance companies or in top-tier consulting companies;
• Strong quantitative academic background, ideally with actuarial or risk qualification (such as ONA, CERA or equivalent);
• Positive mind-set, ownership mentality, and a pragmatic "can do” attitude are key as we rapidly grow;
• Content-driven, analytical mindset, with the ability to get deep into the details as well as grasp the bigger picture and the business dynamics quickly;
• Fluency in English;
• Advanced modeling skills;
• Knowledge of non-life actuarial techniques;

In addition to the basic requirements, we will carefully evaluate these characteristics:

• Passion in simplifying processes, with plenty of ideas for introducing simple monitoring dashboards;
• Coding working knowledge;
• A genuine interest in learning more about the insurtech world;

Research shows that some people are less likely to apply to jobs unless they meet every single criteria. At Prima we are committed to building diverse teams so please apply even if your past experience doesn't align perfectly with the requirements. You might still be a great fit!

Benefits

We will give you all you need to express your talent and work at your best:

• Informal workplace;
• Latest generation devices and tools;
• Welfare and company benefits;
• Team building events;

We will evaluate salary and contract terms during the interview, in order to ensure you an offer adequate to your experience and to your competence.

Prima is an equal opportunity employer that is committed to inclusion in the workplace. The company prohibits discrimination of any kind based on race, colour, sex, religion, sexual orientation, nationality, disability, genetic information, pregnancy, or any other protected characteristic as outlined by national laws.