Reporting Actuary

Posted 6 Days Ago
Be an Early Applicant
Madrid, Comunidad de Madrid, ESP
In-Office
Mid level
Fintech • Payments • Financial Services
The Role
Perform and analyze IFRS 17 and Solvency II actuarial reporting, including liabilities, technical provisions, assumptions, models, controls, and data quality. Support audits, forecasting, business planning, validation, and governance while explaining actuarial results to business stakeholders. Drive automation and continuous improvement initiatives to improve reporting efficiency, accuracy, transparency, and decision support across Finance, Risk, Actuarial, and senior management.
Summary Generated by Built In

Are you looking for a role where actuarial reporting goes beyond delivering numbers?

If you enjoy understanding the story behind actuarial results, challenging assumptions, improving processes and influencing decision-making, this role will give you the opportunity to work at the heart of NN Spain’s reporting and financial performance framework.
You will play a key role in the evolution of our IFRS 17 and Solvency II reporting landscape, helping ensure that actuarial information is robust, transparent and meaningful for Finance, Risk, auditors and senior management. At the same time, you'll have the opportunity to contribute to automation initiatives, enhance reporting processes and strengthen actuarial capabilities across the business.

What this role offers

High visibility and business impact Your analyses and reporting will support key business decisions, helping stakeholders understand financial performance, risks and future opportunities.
Exposure to IFRS 17 and Solvency II You'll work across two of the most relevant actuarial frameworks in the industry, developing expertise that is highly valued across the market.
Continuous improvement and innovation You'll have the opportunity to streamline processes, reduce manual activities and leverage automation tools to increase efficiency and control.
International environment You will collaborate with different functions across Finance, Risk, Actuarial and the wider NN Group, expanding both your technical and business perspective.
Flexible and people-focused culture Remote working, flexible hours, learning opportunities and a strong wellbeing culture allow you to grow professionally while maintaining balance in your personal life.

Questions candidates often ask

"Do I need experience in both IFRS 17 and Solvency II?"
Not necessarily. IFRS 17 is currently a strategic priority for the team and experience in this area is highly valued. However, strong Solvency II experience combined with reporting, valuation and analytical expertise can also be a great fit.
"Is this role focused only on reporting?"
No. Beyond reporting, you will contribute to process improvements, automation initiatives, model governance, audits, forecasting activities and business decision support.
"Will I have opportunities to influence change?"
Absolutely. We are looking for someone who enjoys challenging the status quo, improving processes and helping the team evolve its reporting capabilities.

What will help you succeed in this role

  • A degree in Actuarial Science or a related quantitative discipline, providing the technical foundations needed to understand complex actuarial and financial concepts.
  • At least 4 years of experience in actuarial reporting, valuation, financial reporting or risk reporting within the insurance industry, allowing you to navigate reporting cycles confidently and contribute from day one.
  • Experience with IFRS 17 reporting, including areas such as BEL, Risk Adjustment, CSM, Analysis of Movements, experience variances and operating result analysis. This will help you quickly add value in one of the team's key strategic priorities.
  • Knowledge of Solvency II reporting, including Technical Provisions, Own Funds, OCG, SCR or ORSA, which will strengthen your ability to operate across regulatory and financial frameworks.
  • Experience with R3S, Prophet or similar actuarial modelling platforms, helping you analyze, validate and interpret actuarial outputs effectively.
  • Strong analytical and problem-solving skills, enabling you to investigate movements, identify drivers and communicate conclusions clearly.
  • Fluent English, both written and spoken, since you will regularly interact with international stakeholders across NN Group.
  • Knowledge of VBA, SQL, Python, R, Power BI or automation tools is highly valued, as we are committed to increasing efficiency and simplifying reporting processes.
  • Curiosity and a mindset of continuous improvement, helping you identify opportunities to improve controls, reduce complexity and enhance reporting quality.

Your mission

Your mission will be to ensure the delivery of accurate, transparent and well-controlled actuarial reporting across IFRS 17 and Solvency II frameworks, while continuously improving processes, strengthening governance and supporting informed business decisions that contribute to NN Spain’s financial performance and strategic objectives.

What will you do?

  • Perform IFRS 17 and Solvency II reporting activities, ensuring high-quality and timely delivery of actuarial results.
  • Analyze and explain movements in liabilities, technical provisions and operating results, translating complex actuarial outputs into meaningful business insights.
  • Review assumptions, methodologies, models, controls and data quality to ensure robust and reliable reporting.
  • Support audits, business planning, forecasting, model validation and governance activities, contributing actuarial expertise across the organisation.
  • Drive automation and continuous improvement initiatives, reducing manual processes and enhancing operational efficiency.
Ready to help shape the future of actuarial reporting?
If you're looking for a role where technical excellence, business impact and continuous improvement come together, this is an opportunity to join a team that is actively shaping the future of actuarial reporting at NN Spain. We would love to learn more about you.

If you think that your profile can fit with us and you like who we are, do not hesitate to sign in to our offers. We are waiting for you!

In Nationale-Nederlanden we are committed with diversity. We are proud to be an inclusive organization and we offer equal opportunities, regardless of race, cultural background, gender, gender identity, religion, national origin, age, disability, marital status, and sexual orientation. One of our core values is taking care of our employees so they can give their best within a respectful environment.

Skills Required

  • Degree in Actuarial Science or a related quantitative discipline
  • At least 4 years of experience in actuarial reporting, valuation, financial reporting, or risk reporting within the insurance industry
  • Experience with IFRS 17 reporting, including BEL, Risk Adjustment, CSM, Analysis of Movements, experience variances, and operating result analysis
  • Knowledge of Solvency II reporting, including Technical Provisions, Own Funds, OCG, SCR, or ORSA
  • Experience with R3S, Prophet, or similar actuarial modelling platforms
  • Strong analytical and problem-solving skills
  • Fluent written and spoken English
  • Knowledge of VBA, SQL, Python, R, Power BI, or automation tools
  • Curiosity and a continuous improvement mindset
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The Company
HQ: 's-Gravenhage
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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