Karrier Portál

Junior Quantitative Analyst



  • NN RAS (Risk and Actuarial Services) is a Centre of Excellence for NN Group, focusing on top quality and efficient solutions. We serve as an internal centre of consultancy, training, innovation and automation. We support various quantitative departments at NN Head Office in the Hague (the Netherlands) and NN subsidiaries all over Europe.
  • Due to the increasing demand from Business Units and Head Office, the NN RAS team – operating with more than 40 people – is in a continuous and dynamic growth. Actuaries, mathematicians, data scientists, physicists and software engineers form the multinational team of NN RAS.
  • We care for employee satisfaction with high levels of empowerment, plenty of development opportunities, focus on healthy work-life balance and modern working conditions.
  • NN RAS provides support in 5 professional areas as an internal consultancy: Economic Scenario Generation, Quant Development, Modelling & Scripting, Cashflow Modelling and Model Validation.
  • There are also various project teams being formed for actual insurance-related matters to help NN stay a pioneer in its industry, such as the IFRS17 project team.
  • The NN RAS 𝗤𝘂𝗮𝗻𝘁 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 department opens now a vacancy for a 𝗝𝘂𝗻𝗶𝗼𝗿 𝗤𝘂𝗮𝗻𝘁𝗶𝘁𝗮𝘁𝗶𝘃𝗲 𝗔𝗻𝗮𝗹𝘆𝘀𝘁 to work at the functional acceptance testing of the NN Risk Systems.

What matters to you

  • Your main responsibilities will include:
  • Independently test the functional implementation of the mathematical models used to compute risk on the balance sheet of the company
  • Design the most optimal testing strategy, which may involve (partial) reimplementation of the models by means of scripting languages
  • Work together with the developers and the business analysts to deliver a high quality product in terms of user experience and diagnostics (logging, intermediate calculation results, etc.)
  • Provide user support (e.g. analyze the model results) and trainings

What matters to us

  • You want to kick start your career in a growing and young company that offers plenty of future growth opportunities as well as the possibility to do assignments internationally? Then we are seeking for you – klick on the ‘Apply’ button below if you are meet with the requirements listed below!
  • University degree in Actuarial Sciences, Econometrics, Mathematics, Physics, or related field.
  • Affinity with mathematical modelling. Ideally, practical knowledge of financial derivatives, including the techniques to price them.
  • Interest and ability to code in one or more of the following languages: Python, R, VBA, C#
  • Practical hands-on approach - you can combine rigorous mathematical thinking with a practical business flavor.
  • Excellent communication skills in English and cooperative spirit

Build your business at NN! Why is it good for you?

  • Challenging projects within an exciting multinational, yet familiar work environment
  • Plenty of opportunities to develop yourself: skills and personal development are high priorities at NN RAS
  • Becoming part of a hard-working, international team with professional and expert colleagues
  • Outstanding career opportunities – including mid-term opportunities to work abroad
  • Competitive compensation package
  • Opportunity to have and even give trainings
  • Modern working conditions with room for individual choices (brand new office building, ergonomic equipment, flexibility in working hours, opportunity to work remotely, etc.)
  • Several team-buildings and optional community events (board-game nights, pancake-breakfasts, Christmas dinner, etc.)

Are you ready? Apply to us!

  • In case you are interested in the position, please register and send your CV via our Career Portal or to balogh.edina@nn.hu e-mail address.
  • Your files will be handled confidentially.

Details of position

Job ID: 2559
Position name: Junior Quantitative Analyst
Place of work: Budapest
Job contract type: Permanent contract
Daily work hours: 8


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