Capital & Balance Sheet Reporting Specialist

Capital and Balance Sheet Reporting Specialist

Functieomschrijving

Are you able to apply a ‘look-through’ approach to grasp all of the finesses of an insurers balance sheet and risk profile to identify and explain the key developments? And do you want to be part of an organization that is on the move, is ambitious and will grow in the coming years?

About our client 

Our client is one of the largest pension insurers in the Netherlands. With their different brands, they take care of the financial security of their customers. So that they can live carefree when they stop working, or start something new. They are a partner for life.

They invest in a culture that brings out the best version of themselves. Every day they go for it: Get the most out of yourself (and bring out the best in others), Stand up for what you do (and do what you stand for), Go for the best (and make better what is good), Focus on results (because results give direction).

They work together in and on an inclusive work environment where everyone can flourish. And on the basis of responsibility and trust: you are in charge of a healthy work-life balance that is best suited for you and your team to achieve your team results.

What are you going to do?

Actuarial Capital & Balance Sheet Reporting is responsible for several risk analyses and steering reports for the insurance entities of the company.  The team of 17 is responsible to observe and report from an integral risk perspective to assist several risk committees, board, their shareholder and balance sheet management to steer effectively on solvency and capital generation.

They are responsible for the ORSA stress scenarios, (EIOPA) Stress tests, reporting on the Risk Appetite Statement and identifying the drivers in the movements in Solvency II (including the economic framework) and IFRS 17/9. Their scope is the broader ALM domain including the risk profile. They report on all risks (including insurance, market, counterparty and LACDT) and all balance sheet elements (assets and liabilities). They apply a forward and backward looking approach and consolidate figures of suppliers (e.g. insurance information), as well as complete the balance sheet and risk profile by adding valuations (a.o. market risks, counterparty default risks, LACDT and non-market-to-market assets like mortgages).

In addition, they are responsible for assumption setting for these deliverables, including determining the economic assumptions.

As actuarial balance sheet reporting specialist you’re responsible to build bridges between backward looking, forward looking development and what-if analysis for all reporting regimes (IFRS, Economic, Solvency II and Tax), enabling effective steering on solvency and capital generation.

Vereisten

What do they ask from you?

You are eager to learn and develop, and you are a team player with a pro-active attitude and able to coach other team members. You combine strong analytical skills with a helicopter view, able to grasp the essence and communicate about it in simple and clear language. You are able to think conceptual, but act concrete. Additionally, you know how to manage timelines and stakeholders, communicating effectively with them.

Are you capable to work with complex models and able to translate the detailed results of these models in simple and clear language? Together we’ll continuously match the role with your development and interest.

Required qualifications:
– A master in Econometrics or Actuarial Science or comparable study degree
– Five years of relevant experience, including excellent knowledge of Solvency II
– Good analytical skills and communicative skills (Dutch & English)

What do we offer:

• A dynamic working environment with enthusiastic and driven colleagues where you quickly feel at home
• Plenty of room for training and courses (technical and personal development) and an annual personal growth budget
• The flexibility to find your own balance between working in the office and from home (Hybrid Working)
• A 36-hour working week with the possibility of working 40 hours
• A 13th month
• Good additional benefits
• Attention to vitality and health
• Frequent drinks and fun company parties