Senior Financial Risk Modeller

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Job description
The Risk Models team is part of the Financial Risk Management department of NN Group Risk. This team is the owner of the central Solvency II financial risk models. These models are used to determine the capital buffer required to run our company, and are an important input for managing the risks on the NN balance sheet. Also the department sets technical standards for these risks and manages the overall NN Group model governance.
 

Meet your team

The Risk Models team is responsible for setting and maintaining all central financial risk methodologies. This includes development and calibration of the financial risk models, monitoring ongoing appropriateness, as well as owning the methodology on how the shocks resulting from those models are applied to the balance sheet by means of asset modelling and replicating portfolios of the liabilities.

  • Regular review and maintenance of central market risk models, replicating portfolios and risk aggregation
  • Ensuring a strong involvement of key stakeholders in the process of model review, including business units, investment office and the Group Model Committee
  • Design, facilitate implementation and monitor policies and minimum standards
  • Supporting business units and investment office in using the internal model to optimize our market risk profile and manage our risk
  • Provide expert knowledge to business units and other stakeholders

NN is a large organization. If you start working with our team, you will work for business unit NN Group
 

Your Profile

  • Academic Master’s degree in econometrics, actuarial science or other quantitative background combined with an affinity for (financial) risk
  • At least 4 years of relevant working experience
  • Proven record of excellence in the field of risk management
  • Strong knowledge of Solvency 2 capital models and understanding the market value balance sheet
  • Knowledge of Matlab (or R) and Excel is a prerequisite
  • Preferred profile: risk model management related activities in the financial industry (e.g. insurance, financial consultancy, pension fund).
  • Fluent in English


Your competencies

  • Ambitious, energetic, pro-active, result driven, team player while being able to work independently
  • Highly analytical mind
  • Ability to support and direct a junior team member when required
  • Combining strong quantitative knowledge with common sense intuition/business sense, finds creative and pragmatic solutions to complex problems
  • First class expert in his/her own area with an outward focus. Is aware of and monitors relevant developments and regulations on the specific insurance risk area.
  • Strong communication skills – being able to both communicate effectively to senior management as well as to build a relationship and work with users of the model
  • Ability to prepare well-structured and clear technical documents including summaries for management communication

We offer you
Naturally our appreciation for our colleagues are reflected in our conditions of employment, which, for the most part, can be adapted to your own personal wishes. We offer you:
o  A work environment that is characterized by an professional atmosphere, collegiality and open communication.
o  Plenty of opportunities to develop yourself; craftsmanship and development are our top priority.
o  The opportunity to work with professional and expert colleagues who have a tremendous drive to do good, in the interest of the client, the company and our business partners.
o  Modern compensations & benefits with room for your own choices.
o The job is for 36 working hours a week and the location is Den Haag
o  A position in job grade 11/12 with a salary, depending on knowledge and experience;

How to apply
Are you the one we are looking for? Then apply directly by clicking the button below this vacancy.
Please apply online via the link to ensure a smooth procedure. Note that applications via e-mail will not be considered. For more information regarding the role and/or selection procedure,  Dennis Damoiseaux, Recruiter, via dennis.damoiseaux@nn.nl , of +31 6 82 999 606 .

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