Risk Modeler


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, Luxembourg, 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 Model Implementation Team (MIT) within the Risk Department in Brussels, we are looking for a Risk Modeler.

Your function

In your role as Risk Modeler, you are also point of contact for model and platform related matters within the Model Implementation Team (MIT). You are responsible for:

  • Contributing, challenging and implementing functional and non-functional specifications for the valuation and risk Central Calculation Engine Platform (CCEP) in close collaboration with functional and technical analysts/experts ;

  • Investigating and modeling risk model features ;

  • Embedding the (central group) models in scope of the MIT in the CCEP and testing the platform following a structured and phased risk tooling release schedule ;

  • Providing testing assistance to modelers during the risk tooling implementation period and Pre-UAT (User Acceptance Testing) ;

  • Coordinating group-wide UAT activities & communication for the risk tooling in scope ; 

  • Collaborating with IT, the Risk departments of the group and the local entities and the Risk (Reporting) department of the Corporate Center and assisting them in resolving platform and IT specific issues ;

  • Participating in the weekly follow-up meetings between MIT and IT;

  • Staying up-to-date about latest trends and evolutions within risk platforms and related technologies.

Your profile

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

  • You have at least 2 - 4 years of experience in the Risk domain and experience of having worked in an insurance company ;

  • You have a good knowledge of SQL, C#, VBA, C++, Access, SAS, Matlab and R ;

  • You are analytical, structured and client oriented ;

  • You have a pro-active and 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.