Actuarial Lead
Location: Milan, Italy | Hybrid working with time in our Milan office and the flexibility to work from home
Business Unit; Actuarial
Employment Type: Permanent, full time, 37 hours per week, Monday to Friday
Reports To : Regional Director
The Opportunity:
This is an opportunity to join Assurant Europe as an Actuarial Lead in Milan, working in a hybrid role that combines technical actuarial and pricing expertise with business partnership. Reporting to the Regional Director, you will support pricing for new business opportunities and monitoring existing underwriting scheme performance, identifying areas for improvements and making clear recommendations to support the achievement of the regional business plan. You will work with colleagues across Europe, contribute to continuous improvement, and have the opportunity to broaden your experience through our actuarial exam and rotational programme.
What you will do:
- Prepare pricing for new business opportunities ensuring that pricing is within risk appetite, sustainable and provides the opportunity for business development teams to win new business.
- Prepare regular performance analysis output, monitoring actual vs expected results for both internal and external business partners. Ensure reports and business communications support effective business decision-making. Gather, validate and interpret data from a range of sources, applying appropriate methodologies and identifying trends that may influence business performance.
- Translate financial projections into practical business metrics, recommendations and insights for stakeholders across finance, accounting, regulatory, IT and other teams.
- Recommend improvements to pricing and underwriting processes, data quality, reporting and ways of working.
- Lead or contribute to team projects, support knowledge sharing, and provide constructive peer review and feedback.
- Manage multiple priorities and deadlines while continuing to develop your actuarial expertise and professional qualification pathway.
What you Bring:
- Fluent Italian and English communication skills. English is used as the common business language across Assurant Europe.
- A degree in Mathematics, Actuarial Science or a related field, or a demonstrated relevant business experience.
- Progressive actuarial and/or underwriting experience, with a strong understanding of actuarial and underwriting concepts, insurance products and business performance drivers.
- Confidence working with Microsoft Office (Excel and PowerBi) and data tools such, SQL or similar platforms.
- Strong analytical, project management and problem-solving skills, with the ability to explain complex information clearly.
- A collaborative approach, curiosity to learn, and an interest in building trusted relationships across teams and markets.
Benefits & Training
- Full time base salary range: €50,600 – €65,800 based on 14 salary instalments
- Full time is classed as 37 hours per week, Monday to Friday
- Bonus or variable pay: 10% performance bonus based on 70% company and 30% individual performance. Paid March 2027 (pro-rated).
- Hybrid working arrangement with flexibility to work from home and from our Milan office.
- A local benefits package aligned to the Italian market.
- Wellbeing and employee support programmes.
- Ongoing learning and development opportunities, including support for actuarial development.
Collective Labour Agreement (CCNL)
This position is governed by the applicable provisions of the ANIA as required under Italian employment legislation. Additional information regarding employment terms and conditions will be provided during the recruitment process.
Equal Opportunity and Pay Transparency
Assurant is an Equal Opportunity Employer. Employment decisions are based on objective, job-related, and gender-neutral criteria. We are committed to fostering an inclusive workplace where all employees and applicants are treated fairly and with respect. In accordance with the EU Pay Transparency Directive and applicable Italian legislation, compensation information is provided prior to the interview process and recruitment decisions are based on objective and gender-neutral criteria. Job titles, job advertisements, and recruitment processes are designed to be gender-neutral and non-discriminatory. Candidates will not be asked to disclose their current or previous compensation during the recruitment process.
Our Values:
Common Sense, Common Decency, Uncommon Thinking and Uncommon Results guide our every action at Assurant. These values inspire our commitment to be a responsible corporate citizen.
We look forward to receiving your application!
#AssurantProudHK
If no application deadline is provided, this role may be a pipeline requisition, and we'll continue to collect applications on an ongoing basis, or there is no requirement for this information in the location where the role is posted.
Any posted pay range considers a wide range of compensation factors, including candidate background, experience, and work location, while also allowing for salary growth within the position.
Helping People Thrive in a Connected World
Connect with us. Bring us your best work and your brightest ideas. And we’ll bring you a place where you can thrive. Learn more at jobs.assurant.com.
What’s the culture like at Assurant?
Our unique culture is a big reason why talented people choose Assurant. Named a Best/Great Place to Work in 14 countries and awarded the Fortune America’s Most Innovative Companies recognition, we bring together top talent around the world. Although we have a wide variety of skills and experiences, we share common characteristics that are uniquely Assurant. A passion for service. An ability to innovate in practical ways. And a willingness to take chances. We call our culture The Assurant Way.
Company Overview
Assurant is a leading global business services company that supports, protects, and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products, and other specialty products.
AI and Biometric Usage
Assurant supports the responsible use of Artificial Intelligence (AI), but we want to know the real you. Visit our AI Usage Guidelines page to understand what we expect from applicants regarding their use of AI during the application process. Since we would like to know the real you, we require that all of our virtual interviews be conducted on video.
Employment is contingent upon completion of a required identity verification process, which may include biometric technology, where permitted by applicable law and subject to applicable notice and consent requirements. See our Privacy Notice to learn about Assurant’s privacy practices, including our use of AI-enabled technology, automated decision making, and biometric information.
Equal Opportunity Statement
Assurant is an Equal Employment Opportunity employer and does not use or consider race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by federal, state, or local law in employment decisions.
Job Scam Alert
Please be aware that during Assurant's application process, we will never ask for personal information such as your Social Security number, bank account details, or passwords. Learn more about what to look out for and how to report a scam here.
