Karrier Portál

Flying Squad Actuary


NN RAS (Risk and Actuarial Services) is an NN company supporting NN Group’s Head Office in The Hague, Netherlands as well as all European local entities, in actuarial and insurance mathematics related projects. NN RAS has about 30 employees and is located in the same building as NN Insurance Hungary in the city centre of Budapest. NN RAS now opens a position to a Flying Squad Actuary. In this role you will be responsible for various above-mentioned tasks, based on various client needs, typically on shorter term (1-3 months) project basis. Namely you will be involved in supporting NN Group’s Head Office and European local entities risk and actuarial departments in specific temporary or regular activities. You will have a unique opportunity to leverage your proven expertise in modelling techniques and extend your business knowledge of various life insurance products and in IFRS 17.


  • You will be responsible for various tasks throughout your time here:
  • Pricing, profit-testing, modelling, reserving, reporting and valuations (under local GAAP, EV, Solvency II principles),
  • PRIIPs, ALM analyses,
  • IFRS17 project,
  • Model validation tasks,
  • Quantitative modelling projects, focusing on Python and R developments.

What matters to you

  • Challenging opportunity within an exciting multinational, yet informal work environment
  • Plenty of opportunities to develop yourself: skills and development are high priorities at NN RAS
  • Becoming part of a hard-working, international team with professional and expert colleagues
  • Competitive remuneration
  • Modern working conditions with room for individual choices
  • International development possibilities

What matters to us

  • University degree in Econometrics, Financial Mathematics, Actuarial Sciences or related discipline
  • Excellent know-how in modeling techniques (preferably in AFM/R3S and/or Prophet and or MoSeS)
  • Advanced know-how in statistical modeling techniques is an advantage
  • Advanced knowledge of Python and/or R and/or SAS is an advantage
  • Good understanding of insurance products and markets (knowledge of the Central European markets would be a plus)
  • At least 5 years of experience in working in a (preferably life) actuarial function, in various fields
  • Good analytical and communication skills in English, both oral and written
  • Willingness to travel

Required for application

  • In case you are interested in joining NN RAS team please register and send your CV via our NN Career Portal. Your files will be handled confidentially.

Details of position

Job ID: 2329
Position name: Flying Squad Actuary
Place of work: Budapest
Job contract type: Permanent contract
Daily work hours: 8
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