Carrière

Capital Management – Remunerated internship

Finance
Belgique

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.

Ageas ranks among the market leaders in the countries in which it operates. It represents a staff force of over 50,000 people and reported annual inflows close to EUR 34 billion in 2017 (all figures at 100%).

Ageas Group Capital Management is responsible for ensuring optimal capital structures for the Group and its subsidiaries, while meeting all relevant stakeholders’ requirements (regulatory requirements and in particular Solvency II, debt/equity investor expectations, management requirements). In particular, the department is responsible for ensuring optimal capital allocation, leverage, dividend flows, as well as managing the relationships and the capital models of the rating agencies that rate the Group.

The Capital Management department consists of a small, diverse and dynamic team that operates in close collaboration with the Treasury, Risk, Finance, Legal and Tax departments of the Corporate Center and interacts a lot with all operational entities of the Group, including Reinsurance.

What you can expect

You work during the internship would involve the following:

  • Supporting the development of the Capital Management Framework of Ageas (Dividend upstream, Leverage Targets, Target Capital and Return on Capital measures);

  • Performing peer analysis on capital management matters;

  • Improving the Capital Management quarterly reporting tool and output;

  • Occasionally aiding the team with day-to-day tasks or ad-hoc projects involving Dividends, Capital and the Rating Agencies.

What we are looking for

  • You are a Bachelor’s or 1st-year Master’s student in Business, Finance, Management, Engineering, Mathematics etc.;

  • You have a good command of MS Excel, Word and PowerPoint. Experience with VBA or a basic programming language is a plus;

  • You have affinity with financial markets and ideally basic understanding of the Solvency II framework;

  • You have strong analytical skills;

  • You are proactive and enthusiastic about delivering the best result;

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

  • You are fluent in English.

What we can offer you

  • A remunerated internship which will give you a competitive advantage on the job market;

  • First steps in your professional career and a network within Ageas / AG Insurance;

  • Gain experience and learn a lot about Capital Management and the Insurance Sector

  • Potentially completing your final year thesis;

Practical

  • Duration of 3 to 6 months

  • Full- or part-time