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NN Group

International insurance and financial services provider

Actuary

Actuarial & Risk ModellingUpdated on Nov 12
Full-timeBudapest, Hungary

About the Job

Requirements

  • A higher education qualification in actuarial mathematics or actuarial science.
  • At least 1–3 years of experience in an actuarial role.
  • Confident intermediate English proficiency.
  • Confident Excel skills.
  • Strong analytical ability and analytical thinking.

Responsibilities

  • Calculate, interpret, and document actuarial and profitability calculations related to the insurer's business processes independently and to a high standard.
  • Calculate insurance technical reserves and VB claims based on IFRS 17, S1, and S2.
  • Develop and document claims and other statistical analyses concerning calculation parameters and assumptions, as well as actuarial forecasting models.
  • Prepare analyses relating to underwriting and reinsurance.
  • Support supervisory reporting and audit procedures with the required actuarial data.
  • Perform actuarial tasks required for the insurer's results analysis, including IFRS margin analysis.
  • Prepare input data, impact and change analyses, and explanations for the insurer's strategic and business planning.
  • Contribute actuarially to the insurer's financial control processes, including commission and cost control and various monitoring systems.
  • Collaborate effectively with related departments, particularly the Chief Actuary, Integrated Risk Analysis, Controlling and Accounting, Product Development, and IT.

About the Company

NN Group

International insurance and financial services provider

NN Group is an international financial services company active in 10 countries, with a focus on Europe and Japan. It offers long-term financial protection and savings through insurance products (life, health, property/casualty), retirement and pension planning, and asset management services through its subsidiaries. The company’s products work by pooling risk and collecting premiums to fund insured events and retirement income, while investing premiums to grow assets for policyholders and clients. NN Group differentiates itself through its long history (over 175 years), diverse footprint across multiple markets, and its combination of insurance, pension, and asset-management activities that serve both individuals and businesses. The company aims to provide sustainable financial protection and retirement income for customers while delivering reliable value for shareholders across its markets.

Company size
10,001+
Company stage
IPO
Headquarters
The Hague, Netherlands
Founded
1843

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