Insurance Actuarial Analyst

Join Booking.com and Help Shape the Future of Travel Insurance

About Us:

At Booking.com, data drives our decisions. Technology is at our core. And innovation is everywhere. But our company is more than datasets, lines of code or A/B tests. We’re the thrill of the first night in a new place. The excitement of the next morning. The friends you encounter. The journeys you take. The sights you see. And the memories you make. Through our products, partners and people, we make it easier for everyone to experience the world.

Summary

Join one of the world’s leading travel insurance providers and help shape how we price and manage risk across our flexibility, protection and insurance products. In this role, you’ll apply your actuarial expertise to understand customer behaviour, assess product performance and risk profile, and guide data-driven and risk-based decisions that impact millions of travellers.

You’ll work closely with colleagues across data, commercial, and finance—bringing together technical insight and commercial thinking in a fast-paced, collaborative environment. It’s an opportunity to apply your insurance background in a new context, with real influence and meaningful outcomes.

Role Description:

Supports the design, implementation, and tracking of risk analytics and exposure management for all protection products globally. Works with internal data teams and the manager to build, monitor and explain risk model performance.

Key Responsibilities

Risk Costing & Modelling

• Support model calibration and scenario design
• Query data sources (SQL, dashboards)
• Conduct exploratory analysis and loss-ratio deep dives
• Document methodologies and prepare update notes

Monitoring & Stress Testing

• Build and maintain monitoring dashboards
• Assist in scenario construction and capital impact estimation
• Prepare variance summaries and trend reports

Reinsurance & Capital Strategy

• Support data prep and analysis for placement scenarios
• Contribute to benchmarking and modelling of retention levels
• Maintain document versions and meeting notes

Governance & Process

• Maintain model and documentation libraries
• Track approvals, feedback, and model changes
• Coordinate risk input into product and ops meetings

Stakeholder Engagement

• Act as a key contributor in day-to-day interactions with Data Science, Finance, Analytics, and Pricing
• Develop clear, data-backed content for leadership updates, steering packs, and working groups
• Support the preparation of talking points, scenario analysis, and risk insights for senior stakeholders
• Build cross-functional credibility through consistent, well-structured contributions

Learning & Growth

• Operate as an independent contributor with full ownership of models, analyses, and risk insights
• Build credibility across functions through subject matter expertise and high-quality execution
• Receive targeted mentorship from senior risk leaders while driving your own development path
• Lead discrete projects and represent the risk perspective confidently with cross-functional stakeholders

Qualifications & Skills

Technical Skills

• Working knowledge of GLMs or other pricing techniques
• SQL or other data tools preferred; strong Excel required
• Willing to learn model interrogation and stress testing methodology

Risk Transfer Exposure

• Exposure to reinsurance or risk financing is a plus
• Support data prep and research for transfer strategies

Process & Governance

• Detail-oriented; supports documentation and QA
• Assists in maintaining control logs and governance records

Cross-Market Exposure

• Interest in learning global market practices
• Able to research and summarise differences in local norms

Communication & Influence

• Comfortable presenting to technical audiences
• Developing confidence in stakeholder interactions and narrative building

Ownership & Impact

• Takes initiative within defined workstreams
• Seeks ownership of distinct deliverables and development opportunities

Mindset & Behaviours

• Curious, eager to grow, and proactive in upskilling
• Brings energy and structure to problem-solving
• Comfortable in a scaling, fast-evolving team

Education & Knowledge

• 4+ years in actuarial or analytical role, ideally in insurance or risk modelling
• Experience with protection, assistance or high-volume claim products a plus
• Bachelor's degree
• Fully or Part qualified Actuary (e.g. part-qualified FIA, ASA/ACAS) or equivalent analytical designation

Benefits & Perks - Global Impact, Personal Relevance:

Booking.com’s total rewards philosophy is not only about compensation but also about benefits. Our rewards are aimed at making it easier for you to experience all that life has to offer — all the messy, beautiful, and joyful bits — on your terms. So you can focus on what really matters. We offer competitive compensation as well as thoughtful, valuable, and even fun benefits which include:

• A great, brand new office in the heart of Amsterdam
• 29 days’ paid holiday plus bank holidays
• On-site meals, coffee, and snacks, including healthy and vegan options
• Health & well-being benefits such as mental health support, access to health insurance, etc.
• Employer contribution pension
• Industry-leading parental leave and adoption leave
• From day one of your employment with us, we offer 22 weeks’ fully paid leave for all new parents, regardless of gender or the way you become a parent
• Great discounts on accommodation, car rentals and other group benefits
• Carer’s leave. 10 days’ fully paid leave per year for colleagues who are caring for ill family members.
• Hybrid Working (NL): We believe in office attendance at least 40% of your time whilst empowering you with the flexibility to plan where to do your best work

Inclusion at Booking.com:

Inclusion has been a core part of our company culture since day one. This ongoing journey starts with our very own employees, who represent over 140 nationalities and a wide range of ethnic and social backgrounds, genders and sexual orientations.

At Booking.com, the diversity of our people doesn’t just build an outstanding workplace, it also creates a better and more inclusive travel experience for everyone. Inclusion is at the heart of everything we do. It’s a place where you can make your mark and have a real impact in travel and tech.
Paulo Pisano, Chief People Officer

We ensure that colleagues with disabilities are provided the adjustments and tools they need to participate in the job application and interview process, to perform crucial job functions, and to receive other benefits and privileges of employment.

Equal Opportunity at Booking

Booking.com is proud to be an equal opportunity workplace and is an affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. We strive to move well beyond traditional equal opportunity and work to create an environment that allows everyone to thrive.

Pre-Employment Screening

If your application is successful, your personal data may be used for a pre-employment screening check by a third party as permitted by applicable law. Depending on the vacancy and applicable law, a pre-employment screening may include employment history, education and other information (such as media information) that may be necessary for determining your qualifications and suitability for the position.