ECAPS Risk Analyst recruitment
Introduction:
With ING’s Banking and Insurance/Investment Management businesses splitting into stand-alone companies, Insurance/IM is currently setting up international headquarters in Amsterdam. ING’s Insurance and Investment Management business currently employs over 30,000 people and operates in around 30 countries with leading positions in insurance, retirement planning and investment management in both mature and developing markets. Next step will be to prepare for a Europe-led IPO with strong growth positions in developing markets and a US-focused IPO; while continuing to seek new ways to give our customers more control over their financial life.
ING is currently recruiting to fulfill key positions in the new Insurance/IM head office. Candidates applying for these positions will be expected to perform well under pressure and in a context of continuous change. Working towards a new brand and an IPO clearly creates unique opportunities for people that don’t scare away from taking initiative and ownership and go for team results and big impact. What we offer is can-do culture that encourages initiative, integrity and empathy with what matters most to our customers.
Your main responsitbility:
As a Risk Analyst, you are in charge of both monthly and quarterly production processes (market data pre- processing, replicating portfolio optimisation, economic capital numbers generation including market drivers precalculation, report production). You will participate in development projects (implementation of new risk models in collaboration with the Risk Analytics Modelling Team).
Your experiences and competencies:
• Relevant Master degree, preferable in Econometrics, Actuarial Sciences of Mathematics
• Knowledge of MatLab and/or C++
• Knowledge of and experience with Algo and Second Floor is a plus
• Experience with risk-modeling and Solvency II
• Experience in a business partner role towards stakeholders
• Good understanding of the Insurance industry; experience in Risk or investment management is a plus
• People manager and able to create a team spirit, but also able to work autonomously, general knowledge of financial instruments/ products and (Insurance) Risk Management
• Fluent in English
• Highly analytical, able to quickly grasp complex problems
• Mentality to get things done
• Flexible, capable of working under pressure in a changing environment
• Communicative, capable of digesting/transferring information from/to different levels of professionals and business disciplines
• Ability to work in cross functional teams in an international environment
Strong in building long-term relationships with business
• Dynamic, open minded, energetic and resilient
Your team and challenge:
ECAPS is a cutting-edge market risk management system used by Corporate Risk Management and the insurance business units of ING Insurance worldwide. ECAPS was awarded the prestigious Banking Finance ICT Innovation Award in 2007. ECAPS uses replicating portfolios to value the insurance liabilities and calculate the AFR and Economic Capital.
The ECAPS team consists of highly qualified Risk Analysts, Business Analysts, System Engineers and Project Managers.
We offer you:
• A challenging and interesting position in an international Insurance/IM company
• A full time position
• Work location is Amsterdam