Generali Global Business Lines provides a full range of solutions in global insurance and assistance to cover the business risks regarding employees, and assets linked to property and people.
Role Mission:
As a direct report of the Global Business Lines Chief Finance Officer your main missions will be:
- Ensuring quality and consistency of all financials (actuals, forecasts, plans, budgets), with the support of local Planning and Control
- Delivering Management Reports and financial reports (by Lob and by geographies)
- Coordinating performance monitoring, analysing overall financial results and variances with targets
- Preparing Budget and monitoring cost for the central functions
Main responsibilities:
Quality and consistency of all financials
- Ensuring alignment and reconciliation with Group/Country Pamp;L and BS statements
- Timely preparation of financial reports ensuring accuracy and coherency with technical accounting
Management reports
- Implementing and maintaining centrally the model for standard reporting
- Running periodically / ad hoc reporting based on central IT platforms and data requested to the countries / local planning and control functions
- Ensure disclosure and transparency on financial data to the management
Performance
- Analysing overall financial results, variances with targets and with market benchmarks
- Monitoring, periodically, pre-defined set of business/financial KPI’s from countries, thought aggregated reports (e.g. management talk, claims, premiums, costs).
- Gathering monthly a pre-defined set of business/financial KPI’s from countries
- Defining, in coordination with other central and local functions (UW, Claims, Operations) actions to improve the financial results
Budget and cost controlling (central functions)
- Preparing budget by cost center for Central Functions, monitor actual expenses and processing extra budget-requests, defining cost allocation model
- Monitoring actual expenses and processing extra-budget requests
Plan Process
- Ensuring plan delivery along the annual planning process
- Providing support and figures for top-down targets definition (overall, by country and LoB)
Requirements
- At least 7 years of practical experience, in Planning amp; Control department of financial institution (insurance company or bank) or in audit firm (financial services)
- IT/reporting tools knowledge
- Insurance business processes knowledge
- Good knowledge of IFRS and Italian accounting principles
- Quantitative and analytical approach
- Ability to build relationships at central team and local level
- Assertivity