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Reinsurance Portfolio Manager – NN Re

Posted 17 Nov 2024
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Work experience
5 to 9 years
Full-time / part-time
Full-time
Job function
Salary
€3,973 - €5,676 per month
Degree level
Required language
English (Fluent)

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Do you enjoy being the linking pin in processes, bringing teams together, having contact with NN Business Units, and getting energy from working with skilled professionals worldwide in the area of Reinsurance? If so, this vacancy might be just for you. 🌟

What you are going to do

As a Portfolio Manager, your main responsibilities lie in the field of portfolio and claim management in the areas of Life and Non-Life Reinsurance, servicing all Business Units of NN Group. As such, you are a linking pin within the organization. You will work in close cooperation with four other portfolio managers in the team as well as the account managers. You will work closely with other teams within NN Re, our internal Business Units, and external parties such as Reinsurers and Brokers.

  • Handling incoming reinsurance claims from clients and recovering claims from external reinsurers (retrocession).
  • Run-off claims management and commutations/novations.
  • Administrate and process monthly reports from internal Business Units for internal processing as well as retrocession (both claims and premiums, commission, profit commission statements, etc.) for Life, Non-life, and Pension funds.
  • Prepare and review contract wordings.
  • Monitor and update statistical overviews for internal and external clients and prepare renewal packs.
  • Review monthly performance reports from our clients (claims, premiums, commission, etc.).
  • Manage facultative covers.
  • Perform business partner due diligence.
  • Administrative tasks linked to the finalization of contracts (signatures, registration, internal reporting, etc.).

What we offer you

NN invests in an inclusive, inspiring work environment, and in skills and competencies for the future. This matches with employee benefits that are in line with what is needed today and in the future. This way, we offer our employees the opportunity to get the best out of themselves. We offer you:

  • Salary between €3,415 and €5,675 depending on your knowledge and experience (hay level 15 or 16). This is based on a 36-hour work week.
  • 13th month and holiday allowance are paid with your monthly salary.
  • 27 vacation days for a 5-day working week and one Diversity Day.
  • A modern pension administered by BeFrank.
  • Plenty of training and learning opportunities.
  • NS Business Card 2nd class, which gives you unlimited travel, also privately. Do you prefer to travel with your own transport? Then you can declare the kilometres travelled.
  • Allowances for setting up your home office and for internet use.

We work hybrid at NN. Together with your team, you decide where, how and when you work. The official location of this job is The Hague.

Who you are

  • You have a mentality to get things done and are eager to learn.
  • You can work to achieve team objectives within deadlines.
  • You dare to challenge existing ways of working and suggest process efficiencies.
  • You are a team player with a hands-on attitude and the flexibility to deal with changing priorities in a dynamic environment.
  • You have attention to detail but also a good feeling for the bigger picture.
  • You have experience in the area of claim handling and/or technical accounting.
  • You are fluent in English, both verbal and written, and preferably fluent in other NN languages as well.
  • You have experienced knowledge of Microsoft Office programs, especially Excel and Power BI.
  • You have a bachelor's degree and 5 years of relevant work experience (insurance and/or reinsurance).

Who you will work with

NN Re is the reinsurance and hedging company of NN Group. Within NN Group, we are a diverse and specialized organization with around 60 employees from more than 15 different countries.

In NN Re you will work in a team of experts and interact with business partners around the world. We help our customers optimize their risk profile, capital consumption, and P&L volatility by designing customized reinsurance solutions.

Reinsurance Solutions is the front office team of NN Re. The team is responsible for advising our clients in the field of reinsurance, designing and pricing reinsurance solutions, placing contracts in the market, performance, and claims monitoring, and maintaining the relationship with external partners. Reinsurance Solutions is one of NN Re’s major strategic teams as reinsurance becomes increasingly important within international insurance groups to optimize capital and results.

At NN Re, we have a work environment characterized by a professional atmosphere, collegiality, and open communication.

"We value the knowledge and expertise you bring. We believe that your temporary commitment can take our organization to a higher level. That is why we would like to get to know you."
NN Re Team, NN Re

Any questions?

Do you have any questions about the job or the procedure? Please contact hiring manager Elisabeth Juillard via elisabeth.juillard@nn-group.com, or Recruiter Natalia Szymanski via natalia.szymanski@nn.nl.

NN Group is an international financial services company, active in 11 countries, with a strong presence in a number of European countries and Japan. Our roots lie in the Netherlands, with a rich history that stretches back 175 years. With our 16,000 employees, NN provides retirement services, pensions, insurance, reinsurance and banking to approximately 20 million customers. NN Group includes Nationale-Nederlanden, ABN AMRO Insurance, Movir, AZL, BeFrank, OHRA and Woonnu.

Insurance
Den Haag
Active in 11 countries
8,000 employees
60% men - 40% women
Average age is 40 years