Quantitative Risk Modeller, Non-Life

NN Group; Den Haag; On-site; EUR 60,000 - 79,000; Full time

Benefits offered by this job

Salary range €5,339–€7,119 per month

13th month and holiday allowance

27 vacation days

BeFrank pension

Training opportunities

NS Business Card

Travel kilometers reimbursement

Home office internet allowance

Job summary

NN Group's Financial Risk Management team is looking for a Risk Model Developer to build and maintain non-life risk models that inform Solvency Capital Requirements and strategic decisions. You will combine data analysis, quantitative modelling and programming to calibrate methodologies, validate models and explain results to stakeholders, including actuarial colleagues and reviewers.

We value collaboration, learnability, and the ability to challenge model outcomes, with opportunities to own

Qualifications

• Master’s degree in Econometrics, Mathematics, Actuarial Science or a comparable quantitative discipline.
• Experience in quantitative modelling, risk modelling or capital modelling.
• Strong understanding of statistical and quantitative modelling methods.
• Ability to explain complex analyses to stakeholders including actuarial users and reviewers.
• Experience with Python or similar programming languages.

Responsibilities

• Analyse historical insurance data for completeness and representativeness for internal models.
• Develop, calibrate and substantiate quantitative model methodologies, assumptions and expert judgments.
• Assess model performance via sensitivity analyses, backtesting and other analyses and document methods.
• Explain methodological choices and model results to stakeholders and reviewers.
• Understand and review the technical implementation of models, including Python code, and develop shadow tooling.

Skills

Quantitative modelling

Data analysis

Programming (Python)

Statistical methods

Communication to stakeholders

Education

Master's degree in Econometrics, Mathematics, Actuarial Science or comparable quantitative discipline

Tools

Python

Job description

NN Group's Financial Risk Management team is looking for a Risk Model Developer to build and maintain non-life risk models that inform Solvency Capital Requirements and strategic decisions. You will combine data analysis, quantitative modelling and programming to calibrate methodologies, validate models and explain results to stakeholders, including actuarial colleagues and reviewers.

We value collaboration, learnability, and the ability to challenge model outcomes, with opportunities to own