Risk Analyst

NN Group; Brussel Hoofdstad; Hybrid; EUR 50,000 - 70,000; Full time

Benefits offered by this job

Group and hospitalization insurance

Meal and eco-vouchers

20 holiday days and 12 recovery days

Job summary

NN Group in Brussels is seeking a Risk Analyst to join the Capital & Balance Sheet Risk Management team. You will support solvency capital requirements analysis, ALM monitoring, and risk reporting to help maintain a strong capital position and enable data-driven decision making.

You will contribute to process improvements and internal projects, including automation using Python, while working closely with NN Insurance Belgium and NN Group colleagues to deliver robust capital insights for top

Qualifications

• University degree in a quantitative field (actuarial sciences, engineering, economics, mathematics or physics).
• Around 2 years of experience in risk management, actuarial, finance or a related domain.
• Strong analytical mindset with the ability to translate complex data into actionable insights.
• Collaborative and proactive approach with strong communication skills; willingness to share knowledge and learn.

Responsibilities

• Perform analysis on solvency capital requirements (market and non-market risks).
• Analyze customer behaviour and ALM; monitor balance sheet indicators used by top management.
• Support automation initiatives (Python) to improve processes.
• Collaborate with NN Insurance Belgium and NN Group teams on risk assessments and projects.

Skills

Analytical mindset

Data interpretation

Communication skills

Python

Education

University degree in quantitative field

Job description

Risk Analyst

As a Risk Analyst, you’ll join the Capital & Balance Sheet Risk Management team within Financial & Insurance Risk Management. You’ll support management in maintaining a strong capital position through risk reporting, capital projections, scenario analyses and balance sheet monitoring, helping ensure sustainable value creation within NNIB’s risk appetite.

Your impact at NN: what you will do

In your role you will perform various analysis on solvency capital requirements (both market as non-market risks), customer behaviour, asset and liability management (ALM) as well as on key capital indicators directly used by top management in their decision making.

Key responsibilities:

• As a risk analyst, you use your analytical skills to examine developments and financial movements within the Life business area, as well as contributing to the reporting on assets and key capital indicators
• You will help the team in improving parts of the process via automation (Python)
• You will also work as a team on specific risk assessments or other internal projects (market valuation/projection tools, data controls, etc.)
• You are working in close collaboration with various other teams within NN Insurance Belgium and NN Group

Who you will work with

You’ll join the Capital & Balance Sheet Risk Management team within Financial & Insurance Risk Management. This 9-member team combines experienced professionals and emerging talent in a collaborative environment. You’ll benefit from expert mentoring, gain broad exposure to capital management, financial risks, asset valuation and capital projections, and progressively work with senior and top management to support key strategic decisions.

What we offer you

At NN, we are Supporters of Change and committed to driving positive change for the future. We foster a values-based culture and support you to develop your talents in an open and inclusive work environment. Our employment benefits are designed to support you in maintaining a well-balanced professional life and reaching your full potential. This way, we can shape a brighter future together.

Your attractive salary package is supplemented by some attractive fringe benefits such as

• group and hospitalization insurance
• meal and eco-vouchers
• 20 holiday days and 12 days recovery time

To discover your talents, develop them further and build on your career, you will receive

• a diverse range of training courses
• a comprehensive onboarding
• workshops, coaching & well-being services
• opportunities for internal mobility

At NN, we know how important it is to have a good work-life balance. That’s why we offer a flexible home working policy. To give your creativity an extra boost, you can, of course, always visit our new working environment in the bustling Brussels, easily accessible by public transport.

Who you are

• A university degree in a quantitative field such as actuarial sciences, engineering, economics, mathematics or physics
• Around 2 years of experience in risk management, actuarial, finance or a related domain
• Strong analytical mindset and the ability to translate complex data into actionable insights
• Collaborative and proactive approach, with strong communication skills and a willingness to both share knowledge and learn from others
• Fluent in English and Dutch or French; knowledge of Solvency II, IFRS 17 and/or Python is a plus

This is a permanent position. We are not open to interim or freelance assignments and/or candidates, nor to agency acquisitions.