Medior Risk Modeller

Would you like to work on quantitative risk models that directly affect the capital position and strategic decisions of NN Non-life? As a Risk Model Developer, you develop and maintain models that determine a material part of the non-market Solvency Capital Requirement and support broader financial and strategic decision-making.

What you are going to do

The Financial Risk Management team develops and maintains the non-market risk models of NN Non-life. The model landscape covers property and casualty insurance risk, disability and health insurance risk, and business risks such as expenses and persistency.  Together with your colleagues, you work on one or more models, combining insurance data analysis and quantitative modelling with the development of sound methodologies that you can clearly explain, substantiate and defend to both reviewers and users.

Your main responsibilities are:

• Analyse historical insurance data and assess whether the data are sufficiently complete, accurate and representative for internal model purposes

• Develop, calibrate and substantiate quantitative model methodologies, assumptions and expert judgements

• Assess model performance through sensitivity analyses, backtesting and other quantitative analyses, and document the methodology and calibration in a clear and auditable manner

• Explain and substantiate methodological choices, assumptions, limitations and model results to a broad range of stakeholders, including actuarial colleagues as users of the models, and the Actuarial Function Holder, Model Validation and DNB as reviewers

• Understand and critically review the technical implementation of the models, including Python code, and develop shadow tooling and other controls where nee...

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis.