For the Central Team of Generali Global Corporate & Commercial (GC&C;), we are looking for a Senior Structured Solutions Underwriter to join our Alternative Risk Transfer & Parametrics function. The person will report directly to the Global Head of Alternative Risk Transfer and Parametrics. The person will be responsible for leading the design, underwriting, and delivery of innovative structured (re)insurance and alternative risk transfer solutions, supporting GC&C;’s ambition to provide bespoke, market‑leading risk management and financing options to global corporate clients. Main

responsibilities:
Strategic Portfolio & Business Leadership
• Drive the strategic management and profitability of the Structured Solutions portfolio, ensuring alignment with Generali’s global objectives
• Lead the development and execution of underwriting strategies for structured and alternative risk transfer products, including multi-line and multi-year solutions
• Foster a culture of innovation, technical excellence, and continuous improvement within the team. Actuarial Pricing, Portfolio & Risk Analysis
• Lead the pricing and economic assessment of structured and alternative risk transfer transactions, with particular focus on multi-line and multi-year solutions, in close collaboration with underwriting, pricing actuarial and technical teams
• Analyze portfolio profitability and capital contribution, supporting data-driven decision-making and portfolio steering
• Ensure rigorous risk controls, monitoring systems, and technical underwriting reviews are in place. Product Development & Innovation
• Lead product development initiatives, including upgrades and innovation in structured and ART offerings
• Monitor market trends and regulatory developments to identify opportunities for new solutions and enhancements
• Manage data enhancement projects to improve data collection, business analysis, and risk selection Relationship Management & Business Development
• Build and maintain strong relationships with brokers, clients, and internal stakeholders to drive new business and client retention
• Represent Generali GC&C; in the market, promoting the Structured Solutions offering and identifying growth opportunities
• Develop and maintain strategic partnerships both internally and externally. Requirements
• Bachelor’s/Master’s degree, or equivalent professional experience, in Actuarial Science, Mathematics, Finance, Economics, Business, Computer Science or related field




• At least 8–10 years of experience in corporate/commercial underwriting, structured (re)insurance, or alternative risk transfer, with a proven track record in a leadership or technical role
• Deep understanding of structured (re)insurance, ART products, including pricing, risk assessment, and contract structuring
• Strong knowledge of legal and regulatory frameworks, policy management, and multinational insurance placements
• Proven experience in developing, applying or critically reviewing actuarial pricing methodologies and financial models for complex insurance or reinsurance transactions
• Actuarial qualifications, actuarial training or substantial practical experience working with actuarial pricing models would be a strong advantage
• Analytical, quantitative, and problem-solving skills; experience with data-driven portfolio management
• Excellent communication, negotiation, and presentation skills
• Ability to build lasting relationships and work effectively in a matrix, multicultural environment
• Fluency in English required; additional languages (especially Italian) are an advantage.

What we offer
The position will be offered at Job Level 7, under the terms of the ANIA National Collective Labor Agreement (CCNL ANIA) for non-executive employees and the Generali Group Company Collective Agreement. The starting gross annual salary will range between €70.000 and €85.000. The final compensation package will be determined in line with the candidate’s professional experience and the technical and soft skills relevant to the role and may also include an individual variable compensation component. We also offer:
• Lavoro da remoto and flexible

working hours
• Corporate welfare program
• Meal vouchers
• Supplemental health coverage and insurance products at preferential rates
• Wellbeing initiatives
• Structured continuous learning, technical and managerial development programs
• Professional development opportunities within the Group
• Access to learning platforms and internal mobility opportunities, including international assignments.



Why work with us Joining Generali means becoming part of an international Group with a strong heritage and a forward-looking vision, where people are at the center of our sustainable growth strategy. We foster a responsible, inclusive, and innovation-driven work environment, where everyone can contribute to creating value for customers, society, and the communities in which we operate. We believe that diversity, equity and inclusion are essential to building a stronger culture and driving sustainable growth. At Generali, you will find opportunities to grow through continuous learning, career development paths, and internal mobility across the Group. We recognize talent and merit, and support flexibility as a key enabler of well-being and a sustainable work-life balance. Working with us means sharing strong values and taking on meaningful challenges together to build a safer and more sustainable future every day. As an Equal Opportunity Employer, Generali evaluates all applications based exclusively on objective and gender-neutral criteria, including skills, experience and potential, ensuring fairness and transparency throughout the selection process. Company Profile Generali is a major player in the global insurance industry – a strategic and highly important sector for the growth, development and welfare of modern societies. Over almost 200 years, we have built a multinational group that is present in more than 50 countries, with 470 companies and nearly 82,000 employees. Our group aims to become the standard bearer and industry leader in the European retail insurance market, building on our existing base of 50 million retail clients, out of an overall total of 72 million. Global Corporate & Commercial is the Generali Group unit developing P&C; business and insurance services for medium and large companies. The unit acts on a global scale and deploys an integrated approach at Group level with a central management team and specialized teams active in individual countries. Through GC&C;, Generali aims to become a key world player in the corporate-commercial segment. Generali is proud to be an inclusive employer that considers applicants regardless of gender, gender identity, sexual orientation, ethnicity, disability, religion, political views, marital status or philosophy of life. If you have a disability or special need that requires accommodation or assistance, we will support you during the selection process.

📌 Senior Structured Solutions Underwriter (Milano)
🏢 Generali
📍 Milano