Pricing Actuary Team Head

Posted 18 Hours Ago
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Greece
Senior level
Fintech • Payments • Financial Services
The Role
As the Pricing Actuary Team Head at NN Hellas, you will lead a team responsible for developing and pricing individual Life, Health, and Investment products. Your role involves quantifying risks, setting actuarial assumptions, creating cash flow models, optimizing processes, and preparing presentation materials. You will also support product renewals and regulatory updates while ensuring compliance with company standards.
Summary Generated by Built In

About us:

At NN Hellas, we're proud to be the #1 insurance company in Greece, offering innovative insurance solutions that cover the entire territory of Greece since the 80’s! We have a proven record of taking great care of our employees – we were considered a Top-Employer for 6 consecutive years.

What you will do:

This vacancy is in the Pricing team of NN Hellas which is part of the Product area and reports to Pricing Manager. The team is responsible for the development and pricing of new Life, Health and Investment individual products and the monitoring and renewal of existing products according to regulatory requirements and NN Group’s Standards, Policies and Values. The purpose of this role is to build and lead part of the pricing team which is responsible for quantification of the undertaken risks and design of competitive and innovative products which give added value to customers and contribute to the achievement of NN Hellas’ strategic financial and business goals.

Your day-to-day:

  • Lead and develop part of the pricing team of individual portfolio
  • Support the process of recognition and quantification of the undertaken risks in line with NN Group’s Policies and Standards
  • Set of best estimate actuarial assumptions for profit testing of insurance products
  • Support the development of complex actuarial models for generation of accurate cash flow projections that reflect product characteristics and risks
  • Documentation of profit testing process and methodology in line with NN Group’s standards
  • Assist in the renewal of the existing products and in the update of regulatory product requirements (ex. PRIIPs regulation)
  • Recommendation and improvement in the implementation of processes to optimize efficiency and minimize risks
  • Prepare presentation materials with pricing results for internal and external purposes

Qualifications:

  • At least 5 years of professional actuarial experience in insurance industry or consulting
  • Experience in leading teams and projects
  • University degree in quantitative field (Mathematics / Physics / Finance / Actuarial)
  • Postgraduate studies in Actuarial Science will be considered an asset
  • Passed actuarial exams from an actuarial society will be considered an asset
  • Strong working experience of Microsoft Office suite, R, Python, PowerBI and actuarial software (R3S experience is a plus)
  • Excellent oral and written knowledge of English language
  • Analytical and business-oriented thinking
  • Strong communication skills

Personal Profile:

  • Thorough understanding of the Insurance market
  • Result oriented with a “can do” attitude
  • Organizational skills
  • Flexible to adjust to new demands and problem solver
  • Ability to work under strict deadlines
  • Team working spirit
  • Out of the box thinking and creativity

What we offer:

  • Extensive training opportunities - on-demand and on-site options
  • Partnership with multiple educational institutions across Greece for advanced education, with tuition support
  • Comprehensive Health Insurance that keeps you safe, with peace of mind and financial protection in times of need
  • Pension Scheme to secure your financial future
  • Well-being and work-life balance
  • One-time budget for home-office equipment to make your work-from-home comfortable
  • Recognition and rewards for excellence
  • Monthly meal allowance
  • Recently renovated offices, central location, with easy access

Top Skills

Python
R
The Company
Zuid-Holland
21,409 Employees
On-site Workplace

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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