Actuary Internship

**Contract**:

Fixed-term

**Work schedule**:

Internship

**Location**:

Brussels

**Experience level**:

Junior (0->2 years)

**What does this job entail?**:
Accurately measuring and analysing risks is the basis of good risk management. And that is exactly what you will be doing as an ALM Risk Analyst. Together with your team, you ensure that internal and external parties receive the correct facts and figures and a thorough analyses of the risks to which KBC Group is exposed. You will directly provide input to the CRO Treasury & Markets, Group Risk and many other stakeholders. Furthermore, we continuously strive to bring our measurement processes to the next level through several big & smaller projects.

You reinforce the Risk Measurement team that is part of our Data Quality Management (DQM) department. It’s a strong team of young and more experienced risk analysts that will welcome you with open arms. We are the connection between our internal customer Group Risk and the data. We are therefor at the heart of KBC’s data-driven strategy and are responsible for ensuring that KBC delivers top quality reports to national and international regulators, as well as internal top management. It’s an inspiring international context, as DQM works with all entities of the KBC Group to produce more than 4500 reports.

Together with the Group Risk Competence Center, your team is responsible for KBC Group’s asset & liability management (ALM). As such, you translate the gathered data insights into easy-to-understand key messages or actions.

**What do we expect from you?**:
During your internship you will
- Broaden your horizon towards all insurance entities within KBC Group.
- Learn how we quantify the Asset-Liability Management (ALM) risk profile of KBC Insurance Group, but also the banking entities, asset management, pension fund, etc.
- Acquire knowledge of third party commercial risk-measurement software used in KBC for ALM measurement.
- Be able to develop further the current quantification and analysis of the ALM risk measures.
- Sharpen your analytical skills and learn to gather and challenge information needed to obtain our own view on the capital needed to support the business.
- You think about innovations within and optimizations of our risk measurement process. This way, you help us seize new opportunities and continue to evolve.
- You will be part of an enthousiastic team that actively supports you and helps you grow.

Furthermore, you will
- Work closely with, and are the connecting factor for, your colleagues in the local risk departments of the foreign entities of KBC Group, as well as the Treasury Risk Competence Center (within Group Risk), Group Treasury and other teams of the Data Quality Management department.
- Strengthen your communication skills so that you can easily explain evolutions in a clear way towards a varied audience, which includes top management

**Your key strengths?**:
From a technical point of view,
- You are currently an actuarial science student.
- You can communicate fluently in English both in an oral and written manner. (English is the working language in this role).
- A strong interest in financial markets, balance sheet management and risk management is a must.

From a personal point of view,
- You are a team player, but can focus on individual assignments independently when necessary.
- You are dynamic, creative and show initiative.
- You like working in an international context.
- You are excellent at analysing figures and the underlying drivers. You can quickly extract the essence from a large amount of information and express the key messages clearly.
- You organise your work efficiently so you can meet deadlines. And you take a pragmatic approach to solving problems on time.
- You are eager to learn but also to share knowledge. You have a drive to continuously extend your knowledge and explore different areas of risk (management).

**What can we offer you?**:

- When you start with us, you'll get a mentor who will guide you through the organisation.
- We invest in you with an exceptional range of training and development opportunities.
- Within our organization, there are several career opportunities.
- During the term of your contract, you will receive a fixed-term contract with a competitive salary.
- You can coordinate your work, studies and private life.
- Our head offices are easily accessible by public transport. Is it convenient for you to work from home as well? That is possible.

As the largest Belgian bank/insurer, we work every day on ideas and solutions that help our customers and our society move forward. We are driven and have the ambition to be the reference in the financial sector. Make a difference with us. And the future. #Make it happen