Karrier Portál

Junior Quantitative Developer



  • 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, quantitative model development, automation and innovation. We support numerous departments at NN Head Office in the Hague (the Netherlands) and NN subsidiaries all over Europe.
  • Now we are hiring to extend our Quant Development Methodology team with a Junior Quantitative Developer to work at the development of the NN Risk Systems. The Quant Development team works at the forefront of Risk Systems development, winner of European Award for Risk Systems.

What matters to us

  • University degree in Mathematics, Physics, Econometrics, Actuarial Sciences, Computer Science or related field. A PhD would be advantageous
  • Ability to write clear and well-structured code in object-oriented programming languages (for example C#). Experience with programming and/or in banking or insurance is a plus.
  • Practical knowledge of financial derivatives, including the techniques to price them. Familiarity with the methodologies for the calculation of Market Risk (e.g. Value at Risk). Ideally, knowledge of Solvency II
  • Good understanding of the concept of pricing financial instruments and the risks associated to them
  • Practical hands-on approach and an eye for detail with the understanding of the global picture
  • Excellent communication skills in English and cooperative spirit

What matters to you

  • Implement the mathematical models and risk metrics that are used to compute the risks on the balance sheet of the company and support users to optimize risk/return
  • Ensure correctness and efficiency of the calculations
  • Deliver high quality code, including automated testing
  • Work together with business analysts and software engineers to design the most optimal computational solutions
  • Provide user support (e.g. interpret the results)


  • NN RAS is not providing you a job, but an environment to give your innovation ideas a route at a huge insurance company, having inexhaustible fields to develop.
  • Challenging projects within an exciting multinational, yet familiar work environment
  • Competitive compensation package
  • Opportunity to partially work from home, also post-Covid
  • Plenty of opportunities to develop yourself: skills and personal development are high priorities at 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

Required for application

  • In case you are interested in the position, please register and send your CV via our Career Portal.
  • Your files will be handled confidentially.

Details of position

Job ID: 2714
Position name: Junior Quantitative Developer
Place of work: Budapest
Job contract type: Permanent contract
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