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Compliance Officer

  • Type Job
  • Degree Bachelor
  • Location Den Haag, NetherlandsDen HaagNLDen Haag2595 AK
  • Posted
  • Start date -
  • Deadline -
  • FULL_TIMELegalInsurance

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The NN Group reinsurance business unit (NN  Re (Netherlands) NV, (NN Re)) manages the reinsurance within NN Group. NN Re has a wide range of insurance- and market risks embedded in its portfolio. NN Re is a relatively small organisation based in the Hague with around 60 professionals (coming from 15+ countries)  in The Hague. The business culture is international and informal. The working language is English.

The mission of NN Re is to support NN Group optimally in its finance and risk management by offering reinsurance solutions internally. NN Re has a strong ambition to further strengthen its portfolio and to grow its business. NN Re offers intra-group reinsurance solutions and support to optimise the risk profile, capital consumption and P&L management of, respectively, the insurance business units. The risks taken by offering non-life, life and financial reinsurance solutions are managed within the NN  Re risk appetite by hedging using derivatives  and buying reinsurance covers. NN Re also offers reinsurance  solution to external clients on a limited scale.  within a limited mandate

NN Re is looking for compliance officer who will provide support and report to the head of  Legal and Compliance of NN Re. 

Your main responsibilities

Compliance tasks:

  • Be first point of contact for Compliance topics at NN Re;
  • Advise business on compliance related topics;
  • Maintain  the NN Re’s Compliance framework, local level frameworks
  • Ensure that NN Group compliance policies are implemented, maintained, effective and consistent applied at NN  Re;
  • Identify  compliance risks, identify points for improvement and process these improvements;
  • Ensure that compliance controls are in place
  • Perform compliance risk assessments, compliance monitoring and reporting;
  • Support Compliance - related  communications, awareness and training and initiatives on the specific topic(s) and ensure support to the business  as required;  follow-up to verify that such initiatives are executed;
  • Manage compliance risks/incidents and be responsible for reporting these, sign-offs and ad hoc if necessary;
  • Handle compliance issues and incidents and give support to initiate measures designed to prevent repetition;
  • Maintain good relationships with Compliance at NN Group  Head Office level
  • Monitor new relevant legislation, assist in implementing new legislation in the organisation including drafting of compliance related guidelines,  etc.
  • Track, research and advise on regulatory law issues affecting NN Re
  • Assist  head of legal and compliance with corporate housekeeping  and corporate secretarial functions and other  tasks as required.

Your experience and skills

  • Minimum of 3 years’ of experience in general compliance function at a (regulated) entity, preferably,  in internationally operating (re) insurance, finance or asset management company
  • A university degree in law, political science, business administration, finance or other relevant fields; preferably, Master Degree in law or any similar post-graduate qualification; legal background is an advantage
  • Experience  in and affinity with handling a wide range of generalist compliance  issues relevant for an internationally operating company,   insurance/reinsurance knowledge is an advantage.
  • Excellent risk awareness and affinity with risk assessments and risk reporting
  • Fluent in English, both oral and written
  • Good presentation skills and affinity with giving trainings
  • Good Excel skills

Your competencies

  • High integrity
  • Able to work as a team member with a high degree of autonomy
  • Well organised  and willing to learn
  • Hands on, “can do”  practical mentality
  • Organisation sensitive yet assertive
  • International mind-set, able to operate in different cultures

We Offer You

You will be offered a competitive remuneration package for a 36-40 hours working week and interesting training and education facilities.

The  position is based in The Hague.

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