What does this job entail?
In a changing world, risk management is absolutely crucial for sustainable business growth. You contribute to this as our ALM Insurance Risk Manager, part of a team with broad responsibilities.
As a Competence Center, we take the second line of defence within the Treasury function. This includes the management of interest rate risk on the balance sheet, investments in equity, and real estate for KBC Insurance Group.
We work closely with our colleagues from local risk departments in Belgium and abroad. Our focus? The continuous improvement and implementation of the ALM Risk Management Framework.
We support the Group Executive Committee and the Board of Directors in assessing and setting the ALM and Liquidity risk profiles and the risk appetite of the KBC Insurance Group. This includes standard monitoring and risk reporting based on input from our colleagues from Group Reporting Services. We perform future-oriented risk analyses through ad hoc and standardised approaches, regularly communicating the results to senior and top management.
As well as this, we offer support with regulatory reporting, where we occasionally also come into contact with regulators.
What do we expect from you?
- You are the (co)owner of one or more crucial processes in ALM such as advice, risk appetite or risk reporting.
- You support colleagues with risk reporting and advice for the senior management of KBC Insurance Group.
- You work closely with colleagues in diverse functions and countries, such as the risk functions and the local insurance companies in our core markets, and colleagues from the departments of Finance and Treasury. This gives you a broad view on the whole of KBC Group as an organisation.
- You give easy-to-understand explanations of complex risk subjects to a broad audience that includes supervisors and the top management of KBC Insurance Group.
- Your involvement in strategic projects and discussions helps you to continuously sharpen your strategic insight.
Your key strengths?
- You have a master’s degree, preferably in Actuarial Sciences, (Applied) Economics, (Business) Engineering or Mathematics.
- You bring thorough knowledge of financial markets to the table. You pair this with practical knowledge of the Solvency 2 regulation. Prior experience in insurance, Finance, Treasury or Risk will be of notable added value.
- Your strong analytical skills help you process enormous amounts of data and information.
- You enjoy translating complex data analyses into coherent stories and action-oriented messages.
- You communicate clearly in spoken and written Dutch and English.
- Your colleagues quickly get to know you as someone who is driven, can be creative and who loves to learn.
- You fulfil ambitious goals and respect. You have your organised and structured approach to work to thank for this.
Depending on your experience you will either start directly in the role of Risk Manager or start in an internship with Group Reporting Services. During this internship you will offer support in the reporting process of various entities within Insurances, giving you the opportunity to get to know the domain and your colleagues from the reporting team.
What can we offer you?
- You’re assured of an excellent onboarding and a pleasant, collegial work atmosphere.
- Throughout your entire career at KBC, we encourage you to grow as a person and as a professional. You can follow training courses in which you further sharpen your hard and soft skills.
- Our offices are easily accessible by public transport. You’re also welcome to partly work from home or from a different office.
- Flexible work hours help you to balance your work and your private life.
- We offer you a permanent contract and a competitive salary, supplemented by extralegal benefits. Sounds familiar? Of course. It’s what you read in every job description. At KBC, we make a difference with our extended flex package. It’s too extensive to go into details here. However, we will happily discuss the various benefits—large and small—at your interview.
Can you help us make the difference?
"ALM insurance is very interesting. We have a view on the whole balance sheet of the insurer and advise on a large portfolio of diverse assets. We benefit from a complex and dynamic domain which demands a nuanced view on the market risk and solvency. The unique bancassurance model of KBC Group offers a degree of operational independence from the banking business while presenting the opportunity for cross-collaboration on topics where a bank and insurance view are complementary. "
Liam
Respect and inclusion are core values at KBC. We believe that the individuality of our employees and the diversity of our teams are key to achieving great things. That’s why we recruit new employees based on talent and motivation, regardless of their background or story.
We work closely together to be the reference in the financial sector by innovating, greening and connecting. Interested in joining a ‘Top Employer’ and contributing to new ideas and solutions that help our customers and society move forward?
If this ticks all your boxes, apply now so we can get to know you. And if there are any specific things you’d like us to consider in your application, please let us know. We look forward to hearing from you soon!
