About us
We are NN Romania, a trusted leader in life insurance and private pensions, dedicated to helping people protect what matters most and build a secure financial future. We offer you the space to be yourself, to grow at your own pace and to have a real impact, in a culture built on 3 essential behaviors: Team Up, Speak Up, Step Up.
We believe that development begins when you have the courage to take a step beyond your comfort zone. That's why we provide you with the context, resources, and support you need to learn, evolve, and make an impact.
"Make change work" means real support throughout your journey, including by integrating AI into the way we work and make decisions.
Your mission
Join the NN team as Actuary - Pricing. If you feel like it's time to conquer the next peak, your backpack is ready. We are already on the route. We are waiting for you to join us!
What will you do?
- Develop and document pricing for new and existing insurance products, translating product and customer needs into robust and reliable actuarial calculations.
- Build, run and independently adjust actuarial models using actuarial cashflow projection software.
- Define and regularly review actuarial assumptions, perform scenario and sensitivity analyses and ensure that pricing appropriately balances customer value, competitiveness, profitability and risk.
- Monitor product and portfolio performance, analyze deviations against pricing assumptions and recommend recalibrations or product improvements when needed.
- Prepare actuarial analyses and contribute to business cases for product launches, changes and redesigns, clearly explaining the financial impact and key risks.
- Analyze market developments, customer insights and relevant portfolio data and translate them into product and pricing recommendations.
- Work closely with Product Owners and colleagues from Product, Risk, Finance, Data and IT to support the implementation and validation of pricing solutions.
- Ensure models, assumptions, methodologies and pricing decisions are well documented and aligned with internal governance requirements.
- Use SQL, VBA and Python to support actuarial modelling, data preparation, controls and process efficiency.
What will you bring?
- Around 5 years of relevant actuarial experience, including hands-on experience in pricing, at specialist to senior level.
- Strong knowledge of product modelling and actuarial models, with the ability to build and modify models independently.
- Experience with SQL and VBA; beginner-level Python skills are sufficient.
- You use your curiosity and automation tools (including AI) to make change work and constantly improve the way we work.
- You quickly understand complex topics, connect information and turn ideas into practical solutions.
- You communicate with empathy, clarity and impact.
- You work well in a team and support others.
- You proactively identify opportunities for improvement and take initiative.
What we offer
At NN we believe that a diverse team helps us better serve our clients. NN Romania brings together colleagues of different nationalities, languages and cultures and we want to create an environment in which diversity thrives. We promote a culture that welcomes and respects everyone. NN ensures equal opportunities and fair rewards for all employees, regardless of age, race, religion, gender, sexual orientation, or disability.
- Extra safety: Life and health insurance, plus group surgical insurance.
- Health & wellbeing: Flexible benefits package, which may include private medical, dental, surgical, life insurance and optional pension.
- Flexibility for your lifestyle: Hybrid working hours, flexible hours and short Friday.
- Work where you feel inspired: Up to 60 days/year of remote work from abroad.
- Time for you: Up to 27 days of leave, depending on seniority, plus days off for unforeseen personal events.
- Relaxation at the office: Massage at the office.
- Modern office: In a quiet and central area of Bucharest, close to the subway.
- Extra smart benefits: Bookster and HILIO subscriptions
- Professional growth: Access to development programs tailored to your needs – you come with the desire to learn, we support you.
The monthly salary range for this role is between 15,435 and 26,460 Gross RON. This interval is indicative. The final benefits package will be agreed at the final stage of the recruitment process, taking into account different criteria, such as the level of experience and skills. The final salary will remain confidential, according to the legislation in force and we reserve the right to adjust the offer at any time during the recruitment process.
*To apply for this role, you must meet the legal requirements to work in Romania.
Skills Required
- Around 5 years of relevant actuarial experience, including hands-on pricing experience
- Strong knowledge of product modeling and actuarial models
- Ability to build and modify actuarial models independently
- Experience with SQL and VBA
- Beginner-level Python skills
- Experience using automation tools, including AI
- Ability to understand complex topics and develop practical solutions
- Clear, empathetic communication skills
- Ability to work effectively in a team
- Proactive approach and initiative
- Legal authorization to work in Romania
What We Do
NN Group is an international financial services company, active in 11 countries, with a strong presence in a number of European countries and Japan. Our roots lie in the Netherlands, with a rich history of more than 175 years. With our 16,000 employees, NN Group provides retirement services, pensions, insurance, banking and investments to approximately 19 million customers. NN Group includes Nationale-Nederlanden, NN, ABN AMRO Insurance, Movir, AZL, BeFrank, OHRA and Woonnu. NN Group opened for trading on 2 July 2014 on Euronext Amsterdam under the symbol ‘NN’ after its initial public offering (IPO). For more than 175 years, our company has merged, grown and changed, but the core of who we are has remained the same. At NN Group, we put our resources, expertise, and networks to use for the well-being of our customers, the advancement of our communities, the preservation of our planet, and for the promotion of a stable, inclusive, and sustainable economy. Our purpose is to help people care for what matters most to them. Because what matters to them matters to us.
