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NN Group

International insurance and financial services provider

Actuarial Intern - Rotation Program

Actuarial & Risk ModellingUpdated on Nov 12
InternshipBudapest, HungaryNo salary listed

About the Job

Requirements

  • The candidate must be studying for an MSc in actuarial studies, applied mathematics, statistics, quantitative finance, or physics.
  • The candidate must have confident Excel skills.
  • The candidate must be interested in data modeling and enjoy thinking through complex problems.
  • The candidate must communicate well in Hungarian and English.
  • The candidate must be open to learning, developing, and working in a team.

Responsibilities

  • Work on real projects during the two-year actuarial rotation program.
  • Complete three rotations, each lasting eight months, across actuarial reporting, quantitative risk management, and pricing.
  • Learn how Solvency II reports, reserve calculations, VNB calculations, and cash flow models are prepared, and support management decisions through data-driven analyses.
  • Participate in stress testing, capital requirement calculations, sensitivity analyses, and model validation.
  • Participate in product pricing, product tariffing, campaign impact assessments, and business-preparation analyses.
  • Receive structured feedback at the end of each rotation and set goals for the next phase based on prior experience.

Desired Qualifications

  • Interest in Excel, SQL, Python, or R for data-driven modeling.

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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