Insurance group Generali PanEurope said today it will create up to 30 jobs in Navan, and plans to boost the group’s Irish workforce by up to 50 per cent in the coming months.
The group, which currently employs 108 people, is also building new headquarters in Co Meath, and will expand its operation in Dublin city centre.
The new jobs in Navan, where Generali PanEurope has been operating since 1999, will include actuaries, technical product specialists and other skilled roles.
Generali PanEurope said it will expand its European variable annuity business, which is based at Smithfield in Dublin. A number of senior roles will be created at the city centre operation.
"Generali PanEurope has grown rapidly in recent years and expects to expand further over the coming 18 months, increasing its workforce in Ireland by up to 50 per cent," said chief executive Paul Gillett.
"Ireland remains a good location from which international financial services firms can expand into Europe and beyond."
The insurer will acquire a new business site from IDA Ireland in the Navan Business Park to accommodate Generali PanEurope's Headquarters and Generali International's Irish base.
"Our operation in Ireland has grown rapidly in recent years and we have outgrown our existing premises. Our intention is to develop a modern, state-of-the-art premises that caters for our current and future needs," said Generali International's head of operations in Ireland Dick Brennan.
Construction on the project will begin in August, the group said today, and is expected to be completed within 12 months.
