Actuary

Posted Yesterday
Be an Early Applicant
București, ROU
In-Office
15K-26K Annually
Entry level
Fintech • Payments • Financial Services
The Role
Calculate technical provisions under Solvency II, produce regulatory risk reporting, model capital projections, analyze own funds and product profitability, contribute to ORSA, and improve/automate reporting tools and processes.
Summary Generated by Built In

About us

We’re NN Romania, a trusted leader in life insurance and private pensions, committed to helping people protect what matters most and build a confident financial future. But NN is more than a financial services company - people come first. We’ve built a workplace where you can be yourself, grow at your own pace, and make a real impact. We’re proud to be recognized as a Top Employer, thanks to our colleagues who live by our core behaviors:

We collaborate (Team Up). We speak openly (Speak Up). We take initiative with responsibility (Step Up).

In the same spirit, AI is embedded in the way we evolve as an organization. Integrating AI capabilities into our roles comes naturally, as part of the transformation that enables better decisions, more efficient processes, and an improved customer experience.

Your mission

Join us as an Actuary and help shape the future of NN.

In this role, you’ll actively contribute to the success of both the team and the company by engaging in the risk reporting activities which support the financial stability of the company, as well as the analysis- and scenario-driven decisions.

What will you do?

  • Calculate the technical provisions for the life insurance company according to Solvency II regulations and ensure timely and accurate submission of related reporting requirements
  • Participate in the business planning and forecasting exercises by providing projections of the company’s capital position
  • Analyze the factors driving the company’s own funds evolution and provide insights to management on products profitability
  • Contribute to the regular own risk solvency assessment exercises
  • Participate in reporting processes improvements/ automation projects and ensure adequate maintenance of the reporting tools

What will you bring?

  • Actuarial analytical skills
  • Knowledge of the Solvency II regulations for life insurance; experience in life insurance pricing is a plus
  • Working with excel, databases, preferably Python and actuarial software
  • You leverage your curiosity and automation tools (including AI) to turn change into value and continuously improve how we work.
  • Communicates with clarity, empathy, and impact.
  • Thrives in collaborative environments and lifts others up.
  • Proactively identifies opportunities for improvement and takes action.

What we offer

At NN we believe a diverse workforce allows us as a company to better serve our customers. NN Romania employs a variety of nationalities, languages and cultures, and we aim to create an environment where diversity can flourish. We foster a culture that welcomes and respects everyone. NN wants to ensure equal opportunities and rewards for all employees and extends employment opportunities to all qualified applicants and employees regardless of their age, race, religion, gender, sexual orientation, or disability.

We match this with employee benefits that are in line with what is needed today and in the future. This way, we offer our employees the opportunity to get the best out of themselves:

  • Extra security: Life and health insurance, plus a group surgical insurance plan.
  • Health & wellbeing: A customizable benefits package that includes private health insurance, dental and surgery coverage, life insurance, and voluntary pension.
  • Flexibility that fits your lifestyle: Hybrid work model, flexible hours.
  • Work from where you feel inspired: Up to 60 days of remote work from abroad.
  • Time to recharge: Up to 27 vacation days based on tenure, plus extra days off for unexpected personal events.
  • Office perks: On-site massage, fresh fruit.
  • A modern office: In a quiet, central Bucharest location near the subway.
  • Smart extras: Bookster and HILIO (ex-ATLAS) memberships.
  • We stand by you: Access to tailored development programs; just bring your curiosity and drive to learn.

The monthly salary range for the role is between 15,435 and 26,460 RON gross. The salary range showcased is only indicative. The final benefits package will be agreed upon during final negotiations with each candidate, by considering different criteria, such as the experience and skills level. Therefore, the finally agreed salary will stay confidential, as per the applicable law and we reserve the right to apply adjustments to the offer at any time during the hiring process.  

*To apply for this position, you must meet the legal requirements for working in Romania

Skills Required

  • Actuarial analytical skills
  • Knowledge of Solvency II regulations for life insurance
  • Experience in life insurance pricing
  • Working with Excel
  • Working with databases
  • Python
  • Actuarial software experience
  • Use of automation tools and AI for process improvement
  • Clear communication and collaboration skills
  • Legal authorization to work in Romania
Am I A Good Fit?
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The Company
Zuid-Holland
21,409 Employees

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.

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