Risk Model Expert

Broaden your horizon as a Risk Model Development Expert at the Head Office of the Netherlands’ largest insurance company. In this role you will strengthen NN Group’s internal model by developing and improving risk models using advanced modelling techniques. Your contribution will directly support the capital needs of NN to remain financially robust and future-proof.

You will use your vast experience to strengthen our financial models. This role has as primary focus on the development of our internal risk model. This internal model calculates different risks, from credit and equity risk to longevity and persistency risk. Although, this role has a special focus on the in the internal model, you can also engage your expertise on other uses of the internal model uses or on our standard formula.

You will be part of the PIM Coordination team and operate like an internal risk consultant, ensuring our models fits best our risk profile and business needs. Also, you will support in the implementation and further use of our internal model.

You are a strong communicator and dedicated team player, able to explain complex topics clearly to senior management and colleagues across the organisation. You liked to be challenged in a dynamic environment. You have a leading and result-driven mindset. You also have:

• You currently live in the Netherlands
• A Master’s degree in econometrics, actuarial science, quantitative finance or a relevant technical background
• At least 5 years of proven experience in risk modelling, preferably experience in development of financial / market risk models
• Strong mathematical and problem-solving skills, a good understanding of Solvency II and related Internal Models for the insurance industry
• Modelling skills and an eagerness to develop these skills further. Experience with data management is also relevant for the role
• Experience with programming and / or AI is a plus

• A salary between €5,933 and €9,449 (based on 40 hours contract), depending on your knowledge and experience
• A 13th month and holiday allowance, paid with your monthly salary
• 27 vacation days for a 5-day working week and three Diversity Days
• A modern pension administered by BeFrank
• Plenty of training and learning opportunities
• NS Business Card 2nd class, which gives you unlimited travel, also privately. Do you prefer to travel with your own transport? Then you can declare the kilometers travelled
• Allowances for setting up your home office and for internet use

We work hybrid at NN. Together with your team, you decide where, how and when you work. The official location of this job is in The Hague.

You will join the PIM Coordination Team, which is part of the Risk Models & Analytics (RM&A) department at NN Group’s Risk organisation. This team acts as an overarching development and internal consultancy team (“Flying Squad”) for NN Group’s Internal Model. You will work in an international, highly motivated and results-driven team, with an open, collaborative and informal atmosphere.

Are you ready to help shape the future of risk modelling at NN Group? We look forward to receiving your application. If you have any questions about the job, you can reach out by phone or WhatsApp to David Six, Manager of the team, at +31683620519. Any queries about the process can be directed at Danitscha Vrolijk - Mahadew, Senior Talent Acquisition Specialist via danitscha.vrolijk.-.mahadew@nn-group.com.