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Senior Risk Manager - NN

Location: Rotterdam
Salary: € 4700 - € 6600 a month
Employment: Full-time
Your challenge as Senior Risk Manager at NN Life & Pensions? You’ll be developing life insurance risk models with an impact of billions of euros in Solvency II capital requirements.

Your challenge as Senior Risk Manager at NN Life & Pensions? You’ll be developing life insurance risk models with an impact of billions of euros in Solvency II capital requirements. Based in Rotterdam, you will work at the heart of the Netherlands’ largest life insurer, collaborating closely with senior management, model validators and auditors.

This job offers you a monthly salary between € 4700 and € 6600 depending on your experience. This is based on a 36-hour work week, excluding a 13th month and holiday allowance.

What you’re going to do

As Senior Risk Manager, you will develop the statistical models for longevity, mortality and morbidity risks. You will also be responsible for their adequate documentation and for securing their approval by the validators and auditors, as well as the regulators. Another important aspect of your role is communicating the results and analyses to senior management, who are knowledgeable about Solvency II reporting, but no experts in risk modelling.

Your main responsibilities:

  • Developing, improving and updating risk models used to calculate and estimate life insurance risks and related capital requirements under Solvency II
  • Developing data analyses related to these risks, providing relevant insights geared to managing them
  • Ensuring proper implementation of capital requirements in reporting processes
  • Providing expert advice related to life insurance risks to internal stakeholders, and explaining your models and analyses to them
  • Discussing and securing approval of the risk models with validators, auditors and regulators

Who you’ll work with

You’ll be joining our internationally diverse Insurance Risk Team. We are an expert team of five mathematicians, econometrists and actuaries, so expect in-depth discussions with like-minded people! We foster an open, relaxed and informal atmosphere, in which communication is easy and you’ll get to know us quickly. We share a drive to gain valuable insights into insurance risks, driving the success of NN Life & Pensions. Working for such a large insurance provider means you’ll have a lot of freedom and opportunity for expanding your horizon and developing your career.

What we offer

NN invests in an inclusive, inspiring work environment and in skills and competences for the future. We match this with employee benefits that are in line with what is needed today and in the future. This way, we offer our employees the opportunity to get the best out of themselves. We offer you:

  • Salary between € 4700 and € 6600 depending on your knowledge and experience
  • 13th month and holiday allowance are paid with your monthly salary
  • 27 vacation days for a 5-day working week and one Diversity Day
  • A modern pension administered by BeFrank
  • Plenty of training and learning opportunities
  • NS Business Card 2nd class, which gives you unlimited travel, also privately. Do you prefer to travel with your own transport? Then you can declare the kilometres travelled
  • Allowances for setting up your home office and for internet use

We work hybrid at NN. Together with your team, you decide where, how and when you work. The official location of this job is Rotterdam.

Who you are

First and foremost, you are an expert insurance risk modeller, who thrives on developing models that pass the scrutiny of validators and regulators. You have an eye for detail, but don’t lose sight of the bigger picture. You also know how to effectively communicate complex information and promote your work to internal stakeholders, including senior management. And you’re motivated to help achieve your team’s objectives, securing high quality and meeting deadlines. In addition you have:

  • A master’s degree in a quantitative subject like Actuarial Science, and relevant experience of statistical modelling of insurance risks
  • Demonstrable experience of working in the European insurance sector, in Finance and/or Risk areas
  • In-depth knowledge of the aspects of Solvency II related to risk modelling and financial reporting
  • Experience with Excel (VBA), as well as R and/or Python, as we’re using these languages for modelling
  • An excellent command of spoken and written English

Will you be our new colleague?

If you are enthusiastic about this vacancy and think that you would be a good fit for the team at NN, we would like to invite you to apply. We are very keen to find out who you are, what motivates you and what you can contribute to this role at NN.

Any questions?

If you have any questions about the job, you can reach out via email to Ana Tripsa, Head of Insurance Risk Management via email Any questions about the process can be directed to Yasmine, Recruiter, via .

This is a permanent position. A candidate will receive a contract from NN and we are not open to interim/freelance assignments and/or candidates or recruitment agencies. Thank you very much for your understanding.


Information and application:


Please send your application for Senior Risk Manager at NN in Rotterdam including your CV via our website.

Job code:
Job posted
02 september 2023
Apply Now
More information:

If you have any questions about the job, you can reach out via email to Ana Tripsa, Head of Insurance Risk Management via email

Any questions about the process can be directed to Yasmine, Recruiter.

Yasmine Korving
m. +31 (0)6 55 19 64 09

Read all about working at NN

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Postbus 60184
1320 AE Almere

Tel: +31 36 7440 136

KvK 32090652
ING Bank NL91INGB065.42.67.456
BTW NL.8106.57.041.B01

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