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Actuary IFRS 17
NN Management Services, s.r.o.
Place of work
Prague, Czechia
Prague, Czechia
Contract type
full-time
full-time
Information about the position
Job description, responsibilities and duties
Job purpose
Employee participates in risk management activities in the company. Job include set up of risk management processes and its practical execution.
The responsibility of risk management team includes identification of risk, evaluation of risk, mitigation of risk, and retroactive evaluation of risk management procedures.
What you will do?
-Calculation of book value liabilities (reserves) according to both local and IFRS standards. Testing of reserve accuracy and reserve completeness. Regular reconciliation of reserves.
-Liability adequacy test according to relevant standards (LAT).
-Calculation of reinsurance and administration of reinsurance contracts..
-Calculation of market consistent value of new business (MC VNB).
-Participation in creation of business plan for insurance company (middle term plan).
-Testing of software changes in administration systems.
-Support of external audit.
-Assures compliance with both internal / external guidelines.
-Participation in project of implementation of IFRS17.
Employee participates in risk management activities in the company. Job include set up of risk management processes and its practical execution.
The responsibility of risk management team includes identification of risk, evaluation of risk, mitigation of risk, and retroactive evaluation of risk management procedures.
What you will do?
-Calculation of book value liabilities (reserves) according to both local and IFRS standards. Testing of reserve accuracy and reserve completeness. Regular reconciliation of reserves.
-Liability adequacy test according to relevant standards (LAT).
-Calculation of reinsurance and administration of reinsurance contracts..
-Calculation of market consistent value of new business (MC VNB).
-Participation in creation of business plan for insurance company (middle term plan).
-Testing of software changes in administration systems.
-Support of external audit.
-Assures compliance with both internal / external guidelines.
-Participation in project of implementation of IFRS17.
Employee perks, benefits
Why choose us?
- We are a stable international company with Dutch background and an excellent position on the Czech financial market.
- We offer above-standard employee benefits.
- We have pleasant offices located in the centre of Prague 5 (Anděl).
- We respect autonomy – everyone can take part in important decisions.
- We know where our money is needed – we make profit for our shareholders, but we also help those, who need it.
- We are a stable international company with Dutch background and an excellent position on the Czech financial market.
- We offer above-standard employee benefits.
- We have pleasant offices located in the centre of Prague 5 (Anděl).
- We respect autonomy – everyone can take part in important decisions.
- We know where our money is needed – we make profit for our shareholders, but we also help those, who need it.
Requirements for the employee
Candidates with education suit the position
University education (Master's degree)
Personality requirements and skills
What do you need for this job?
- University education(mathematical/statistical).
- English level B2.
- Knowledge of calculation methodology of life insurance reserves / netto premium.
- Experience at the similar position is taken as an advantage.
- University education(mathematical/statistical).
- English level B2.
- Knowledge of calculation methodology of life insurance reserves / netto premium.
- Experience at the similar position is taken as an advantage.
Advertiser
Brief description of the company
Become a part of our new future, join NN
NN Life and Pensions started offering its services on the Czech market in 1992 under the Nationale-Nederlanden brand. It became the first international insurer entering the life insurance market following the Velvet Revolution of 1989. In 2015, after more than 10 years of trading as ING, NN returned to its roots, which marked a new beginning for this well-established company. NN Czech Republic is a member of the strong NN Group that provides pension, insurance and investment management services in 18 countries.
Through our retirement services, insurance, investments and banking products, we are committed to play a positive role in the lives of all our customers. We are a company with a rich history and a clear vision for the future. In which not policies but people take centre stage. People, our customers, with all their needs, plans and ambitions. With all their happy and sad moments, their challenges and opportunities. People who are looking for clarity, care and commitment.
You matter
NN Life and Pensions started offering its services on the Czech market in 1992 under the Nationale-Nederlanden brand. It became the first international insurer entering the life insurance market following the Velvet Revolution of 1989. In 2015, after more than 10 years of trading as ING, NN returned to its roots, which marked a new beginning for this well-established company. NN Czech Republic is a member of the strong NN Group that provides pension, insurance and investment management services in 18 countries.
Through our retirement services, insurance, investments and banking products, we are committed to play a positive role in the lives of all our customers. We are a company with a rich history and a clear vision for the future. In which not policies but people take centre stage. People, our customers, with all their needs, plans and ambitions. With all their happy and sad moments, their challenges and opportunities. People who are looking for clarity, care and commitment.
You matter
Number of employees
500-999 employees
ID: 2943738
Datum zveřejnění: 4.12.2018
2018-12-04
lokalita: Prague Pozice: Actuary Společnost: NN Management Services, s.r.o.