Job Description
Group Head of Capital Management is responsible to steer and secure the capital position of the insurance and service entities of the Europ Assistance Group and to optimize the dividend/remittance trajectory towards the shareholder. In addition, the role oversees the preparation and submission of all the required regulatory reporting to the various regulators. Finally, the role is responsible to implement corporate simplification actions and intragroup transactions. You'll lead a team of 3 persons to achieve your goals.
Responsibilities:
1) Capital management
- Lead and oversee the preparation and the implementation of Capital Management Plans of Europ Assistance entities under different capital regimes (e.g. Solvency 2 in Europe; RBC in the US; Australian regime…);
- Lead and oversee the analysis and the implementation of capital actions aimed at optimizing capital allocation within EA Group.
- Lead the preparation of the Capital Deep Dive towards GHO and its continuous alignment on the implementation of the follow-ups.
- Lead and approve the capital application process aimed at strengthening capital in the local entities of the EA Group.
- Contribute to M&A projects from a capital perspective.
2) Solvency 2 reporting
- Oversee the preparation of the Market Value Balance sheet and Eligible Own Funds of Europ Assistance entities for Quarterly and Annual Solvency II process.
- Oversee the preparation of in the preparation of narrative reports (SFCR, RSR), the support for ORSA, and Quarterly and annual QRTs.
- Oversee the preparation of the sensitivity calculation process and analysis of the Economic movement of Eligible Own Funds.
3) Intragroup transactions
- Propose and lead the analysis of the intragroup transactions (only acquisition or disposal of shares/assets) aimed at simplifying the corporate structure of EA Group
- Lead the internal governance process aimed at approving the transaction based on IGT policy
- Engage and manage external financial advisor involved in the valuation of shares
Preferred Experience
Actuary Master degree from a TOP School + Perfect command of English (in written & in spoken). An experience abroad is a plus.
15 years' experience in a similar position in an international organization, preferably in the insurance industry and/or in a consulting firm.
You're recognized for your agility and capacity to lead complex topics, in a fast pace environment.
You're an inspiring leader that will be a hands-on and strategic partner to the business.
Apply now and be a part of our dynamic and innovative organization.
Recruitment Process
1/ HR
2/ N+1
3/ Optional : technical test, N+2, culture fit
Additional Information
- Contract Type: Full-Time
- Location: Saint-Denis
- Education Level: Master's Degree
- Experience: > 15 years
- 50% remote
About
With more than 300 million customers around the world and 12,000 employees in 36 countries, Europ Assistance is the 2nd global player of assistance services in 3 areas: travel, mobility, and personal care. Founded in 1963, Europ Assistance, the inventor of assistance, supports customers in over 200 countries and territories thanks to our network of 750.000 approved providers.
Our mission is to bring people from distress to relief – anytime, anywhere. We provide automobile assistance, travel assistance and insurance services, as well as personal assistance services such as the protection of the elderly, the protection of digital identity, telemedicine and the Conciergerie. The company vision, shared by our 12,000 employees, is to prove every day that we are the most reliable care company in the world, and to make our people proud of who we are, what we do, and, how we do it.
Europ Assistance is part of the Generali Group, one of the world’s leading insurers. It is with the support and commitment of Generali, its shareholder, that the Europ Assistance Group has become the world leader in its sector. As long-standing partners, the two entities are jointly committed to future-oriented projects.
Our promise and tagline, "You Live, We Care" is what we stand for every day. We are a care business, delivered by people. "We care" means that we are caring, available, reliable and easy to work with. Our employees bring those values to life.
As a leader in the assistance industry, we are looking for a passionate, committed, and self-driven talent to help us shape the future of the industry.
Europ Assistance is committed to inclusion and non-discrimination. We act in favor of disability, social diversity and equality. Above all, we recruit skills and personalities, and diversity within our teams is key because it is a source of innovation and performance.
Make an impact, join Europ Assistance!
