FCG Analyst


Our organisation

Ageas is a listed international insurance Group with a heritage spanning 190 years. It offers Retail and Business customers Life and Non-Life insurance products designed to suit their specific needs, today and tomorrow.

As one of Europe's larger insurance companies, Ageas concentrates its activities in Europe and Asia, which together make up the major part of the global insurance market. It operates successful insurance businesses in Belgium, the UK, France, Portugal, Turkey, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the Philippines through a combination of wholly owned subsidiaries and long term partnerships with strong financial institutions and key distributors.

For our Free Capital Generation (FCG) Team within the Capital Management, Treasury & FCG department in Brussels, we are looking for a FCG Analyst.

The concept of Free Capital Generation is relatively new in the insurance industry and measures how much capital an insurer generates above a certain threshold which relates to the Target solvency ratio. The concept is not only used more and more for business management, but also externally disclosed and used by analysts and investors to validate and compare the relative performance of insurers.

Your function

In your role as FCG Analyst, you bring technical solutions and developments within the domain of free capital generation and you offer technical support to the treasury and capital management department.

You support the Manager FCG with:

  • Contributing to and challenging the current Ageas FCG framework ;

  • Maintaining the technical structure, documentation, and user interface of the in-house developed FCG Application ;

  • Developing new features and functions to keep the FCG application up-to-date in line with specific business requests, market evolutions or regulatory developments ;

  • Brainstorming various methodological aspects related to Free Capital Generation ;

  • Further embedding Application management for the FCG application ;

  • Collaborating and aligning with other Group departments and local entities on core valuation principles as applied in other applications ;

  • Offering functional or technical support to the Treasury and Capital Management department on a need basis.

Your profile

  • You have a master in (Applied) Economics, (Civil or Commercial) Engineering, (Applied) Mathematics or Actuarial Sciences ;

  • You have 0-5 years of experience in finance, preferably in insurance ;

  • You have affinity with financial markets ;

  • You have a basic understanding of the Solvency II framework ;

  • You have a good knowledge of Excel VBA - reading and writing VBA skills are a must ;

  • You are pro-active and you have a self-learning attitude ;

  • You are a team player, but you are able to work independently as well ;

  • You are fluent in English.

We offer

Ageas values your talent and knows how to reward it. We offer you an attractive salary and fringe benefits. You will work in a stimulating international environment, with numerous opportunities for personal development. You will work independently within a dynamic team.