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NN Group

Solvency II Valuation Actuary (Fixed- Term)

NN Group is hiring a Solvency II Valuation Actuary (Fixed- Term) in Athens, Greece. Level rates it ; you can apply on NN Group.

Level's read on this job

  • On Level's scale, this role is Little AI ●○○○: aI is not part of the work.
  • Level classifies it as a mid-level role.
  • Level lists 170 other open roles at NN Group.
  • The role was posted within the past two weeks.

AI in this role

About us:

At NN Hellas, we are proud to be the leading insurance company in Greece, providing innovative insurance solutions nationwide since the 1980s. Our commitment to creating a supportive and rewarding workplace has been recognized through our certification as a Top Employer for eight consecutive years.


Contact type: One-year fixed-term contract, with the possibility of renewal.


What you’ll do:

Undertaking market consistent valuation and measurement of company portfolio. Customizing and adjusting complex actuarial models according to market conditions and developments. Ensuring compliance with regulatory requirements, company’s policies and governance framework. Contributing to the achievement of company’s strategic business goals. 

 

Key responsibilities:

·        Undertaking actuarial valuation reports and documentation at a Regulatory level under Solvency II directive

·        Performing actuarial research and statistical analyses

·        Effectively processing data requirements

·        Analyzing developments in actuarial metrics

·        Contributing to the development of the actuarial models, with the purpose of generating accurate projections of cash flow

·        Supporting the preparation of monthly and annual reports at a Group level in order to ensure compliance with NN policies and procedures as well as with market standards and Solvency II regulations

·        Undertaking the supply of actuarial input for the company forecasting with respect to potential risks and their potential effects on company profitability

·        Contributing to the implementation of the strategic guidelines in order to align team’s objectives with company’s strategy

·        Responsible for recommending and suggesting improvements and adjustments in the implementation of a process or procedure in order to optimize efficiency and minimize risks


Who you are:

·        University degree in Actuarial Science and/or Statistics and/or Mathematics

·        Postgraduate studies in Actuarial Science

·        At least 3 years of previous experience in an actuarial role is preferred.

·        Excellent oral and written knowledge of English

·        Excellent knowledge of MsOffice

·        Excellent knowledge of cash flow projection software

 

Additionally, you have:

·        Strong analytical, critical and conceptual thinking

·        Strong sense of responsibility

·        Ability to solve problems using sound judgement and analysis

·        Attention to detail

·        Focus on results

·        Strong communication skills

·        Ability to develop ideas

·        Team player mentality

·        Flexibility and resilience 

 

What we offer:

·   Competitive monthly gross salary ranging from €2,600 to €4,000, depending on qualifications and experience.

·        Extensive training opportunities, available both on demand and on site

·        Comprehensive health insurance, providing peace of mind and financial protection when you need it most

·        Pension scheme to support your long-term financial future

·        Initiatives that promote well-being and work-life balance

·        A one-time budget for home-office equipment to support comfortable remote working

·        Recognition and rewards for excellence

·        Monthly meal allowance

·        Recently renovated offices in a central location with convenient access


How we rate this

Solvency II Valuation Actuary (Fixed- Term) at NN Group rates 38 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

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