Pricing Actuary

Job description

What does your job as a Pricing Actuary look like? As a pricing actuary, you collaborate with Product Managers and Product Experts on the development and management of life insurance products. You understand business needs while managing (re)insurance risks. You closely monitor the profitability of NN life insurance products and are an expert in the key drivers of this profitability. You support strategic processes such as profit sharing and financial planning through quantitative analyses. You prioritize the use of cuttingedge technologies and datadriven analyses to extract relevant insights, for example through the use of artificial intelligence applied to dynamic pricing. The team operates across several segments (Savings, Protection, Disability) and works with two distribution channels: banks and brokers. As an EB/SE product actuary within our team, you will: Be responsible for a full range of pension and protection products, with or without supplementary guarantees. Take initiatives in the deployment of the product plan and act as the reference point for EB/SE products. Develop and implement new solutions in compliance with the legislation (e.g., cashflow projection tools, backoffice systems). Develop, refine, and monitor SE pricing and defend it to stakeholders. This includes a critical review of best estimate assumptions: mortality, lapses, cost structure. Propose actions to improve the profitability of our products. Discuss and challenge the work of your colleagues and support the development of junior team members. This is how you fit perfectly into our team You have 5y of experience in relevant field. You have a Master in Actuarial Science (or an equivalent professional experience) An experience in EB/SE/2nd Pillar segment is required. You are fluent in English, knowledge of French and/or Dutch is a plus. You have excellent communication skills: you can simplify complex and technical topics and interact with a wide range of profiles (sales, experts, senior management). You have programming and artificial intelligence skills. (Python, R3S, RAFM) Experience with a cashflow projection tool and/or an automation project is a plus (e.g., workflow tools, PowerApp, DataBricks). You have strong abilities to document tools, processes, and products in line with stringent governance requirements. You are motivated to work on innovative topics and eager to continuously develop yourself to stay at the forefront. You are proactive, autonomous, naturally take initiative and ownership, and are able to handle strategic discussions. You have good stress resilience, are assertive, and capable of working with tight deadlines. You are a team player with a positive attitude. You have a critical mindset. You have a genuine interest in the customer, the business, and the value created for the company. Who are we looking for? NN is looking for people who give their best, come up with fresh ideas and are willing to take the initiative. People who can live by our values: care, clear and commit. We believe in an open and inclusive culture, where everyone feels welcome, valued and respected. So be yourself above all! What you get with NN Your attractive salary package is supplemented by some attractive fringe benefits such as group and hospitalisation 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. Do you see yourself working as a Pricing Actuary ? You are more than welcome! Press “Apply now” at the top and make today your lucky day.