Actuarial Reporting Specialist
Purpose of the job
The Actuarial Analyst Group FR&O is accountable and responsible for the ongoing analysis and reporting across all financial aspects of reporting processes. The actuarial analyst is a generalist, responsible for executing work and apprenticing skills to increase competence. Gather, consolidate and report financial and non-financial information for Aegon worldwide, including preparation of the reports, automated validation checks and supporting all users of the global reporting tools. The Actuarial Reporting Specialist is a seasoned financial reporting professional who has an indepth technical knowledge and practical understanding of IFRS, SII and MCVNB.
Key responsibilities
- Financial Reporting – Assisting in the Aegon financial reporting process, such as IFRS, Solvency II and Market Consistent New Business Value (MCVNB), in line with relevant regulations and guidelines (e.g. IFRS, SOX, SII etc)
- Maintain adequate Group financial systems Gloria and drive one-time right reporting.
- Regulatory reporting – Assisting in the regulatory reporting process covering requests from group regulators
- Instructions – Assist with the preparation of instructions to reporting units regarding new and/or changed financial policies, key performance indicators and guidelines as well as advise countries on embedding these policies and guidelines in their processes
- Group and Local support – Provide support on key Group processes such as annual BMTP,
strategy cycle and investor days etc. Provide support to local finance departments in closing a
period, from own expertise - Data quality - Provide and assure high quality/data integrity of all information/reports (such as reports, tables, etc.), and continuously strive to promote and implement effective automation and efficiency in existing processes
- Tick & tie - Perform tick & tie activities ensuring management information and external financial reporting are error free
Qualifications and Skills:
- Actuarial University/Master degree or equivalent
- Minimum 3 years of actuarial analysis/reporting experience, preferably in the area of IFRS, SII and MCVNB
- Work experience in an international and, or multinational environment
- Insurance background
- Excellent analytical, people and organizational skills
- Strong data and IT skills
- Extensive financial reporting and operations experience
- Strong written and spoken English language skills
What we offer
- Highly competitive annual pay
- A good work/life balance including annual leave and statutory holidays in accordance with the Hungarian labor regulations.
- Work from home in a hybrid working model.
- Pension and medical plan
- Yearly training budget, plus a large pool of in-house training to choose from
- Complex people programs to support your individual and team development.
- An opportunity to work with international offices and businesses, while being based in Budapest.
- And last, but not least: fun and energetic, on the ground and global team!
Aegon is an international financial service holding company headquartered in The Hague, the Netherlands. Our ambition is to build leading businesses that offer their customers investment, protection, and retirement solutions. Our purpose is to help people live their best lives, which goal runs through all of our activities. The company has multiple locations across the globe, with core markets in the UK and the US, partnerships in Spain & Portugal, Brazil, and China and an Asset Management organization with locations in UK, US, NL and Hungary. In the Netherlands, Aegon generates value via a strategic shareholding in a market leading insurance and pensions company.
Aegon Global Business Solutions Center is supporting these businesses with IT, Finance, Risk, Model Validation, Actuarial, Audit and Asset management services with a growing team of approx. 300 people, based in Budapest, Hungary.
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AGT Hungary IT Services LLC (HUN entity)