Broaden your horizon as a Risk Model Expert at the head office of the Netherlands’ largest insurance company. You will use advanced modelling techniques to strengthen the internal model of NN Group, both from a model development as well as model validation perspective. Your contribution will help us to determine the capital we need to remain as financially robust as we are now.

What you are going to do

You will use your vast experience to strengthen our financial models. This role has primary validation and development our internal risk model. This internal model calculates different risks, from credit and equity risk models to longevity and persistency models. Although this role has a special focus on the in the internal model, you can also engage your expertise and perform validation on our Standard Formula and cash-flow models within whole NN.

You will operate like an internal risk consultant, improve the NN Group’s internal model by validating and developing different model options, ensuring our models fits best our risk profile and business needs.

What we offer you

NN invests in an inclusive, inspiring work environment and skills and competencies for the future. We match this with employee benefits that are in line with what is needed today and in the future. This way, we offer our employees the opportunity to get the best out of themselves. In addition, we can offer you:

A salary between €5207,- and €7438,- (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 one Diversity Day
A modern pension administered by BeFrank
Plenty of training and learning opportunities
NS Business Card 2nd class, which gives you unlimited travel, also privately. If you prefer to use your own transportation, you can declare the kilometres 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.

Who you are

You are a good communicator and dedicated team player, with the ability to convey complex issues in a simple way to top management and your colleagues in the field. You like a dynamic environment and you also have:

A Master’s degree in econometrics, actuarial science, quantitative finance or a relevant technical background
Multiple years of proven experience in risk modelling, preferably experience in both development and validation of financial risk models and/or cash-flow modelling
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. Also experience with data management is a relevant for the role
Experience with programming is a plus

Who you will work with

You will be joining the Model Expert Team that is part of the Risk Models & Analytics (RM&A) department at NN’s Group Risk organisation. This team is acts as an overarching development and validation team for our Internal Model. Here, you will be part of the Model Expert team, a international team that is highly motivated and results-driven, with an open, collaborative and informal atmosphere.

Any questions?

If you have any questions about the job, you can reach out by phone or WhatsApp to David Six, (Program) Manager at +31683620519. Any queries about the process can be directed at Meryem Findik, corporate recruiter via +31657916273 / Meryem.Findik@nn-group.com.