Aegon traineeship:

Financial Reporting Officer

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  • CategorieFinance
  • NiveauMSc.
  • LocatieThe Hague
  • Deadline
  • Aegon logo
23 aug 2022

Currently, we are looking for a Financial Reporting Officer Group FR&O. Are you ready for the next step in your career? Then join our FR&O team at Aegon Corporate Center!

This is what you do as an Financial Reporting Officer

The Financial Reporting Officer Group FR&O is a generalist, responsible for executing work and apprenticing skills to increase competence. You will gather, consolidate and report financial and non-financial information for Aegon worldwide, including preparation of the reports, automated validation checks and supporting all users of the global reporting tools. Within this role you will be flexibly deployed across all reporting delivery teams; Financial reporting, IFRS reporting and SII reporting.

Activities include:

  • Financial Reporting – Assisting in the Aegon Group financial reporting process, such as IFRS, Solvency II and Market Value Numbers (MVN). Ensure timely, accurate and complete financial reporting, in line with relevant regulations and guidelines (e.g. IFRS, SOX, SEC, SII etc). Maintain adequate Group financial systems Gloria and drive one-time right reporting.
  • Regulatory reporting – Assisting in the regulatory reporting process covering requests from group regulators such as DNB, EIOPA, IAIS / GSII and other initiatives / requirements. Main reports are Solvency and Financial Condition Report (SFCR), Regulatory Supervision Report (RSR), quarterly Financial Stability Templates (FST) and quarterly and annual Quantitative Reporting Templates (QRT).
  • Instructions – Assist with the preparation of instructions to reporting units regarding new and/or changed financial policies, key performance indicators and guidelines as well as advise countries on embedding these policies and guidelines in their processes, so that reporting units are optimally able to work with new and/or changed financial policies and guidelines and quality of reporting is improved worldwide.
  • Group and Local support - Provide support on key Group processes such as annual BMTP, strategy cycle and investor days etc. Provide support to local finance departments in closing a period, from own expertise, in order to enhance the quality and compliance of financial reporting.
  • Data quality - Provide and assure high quality/data integrity of all information/reports (such as reports, tables, etc.), and continuously strive to promote and implement effective automation and efficiency in existing processes.
  • Tick & tie - Perform tick & tie activities ensuring management information and external financial reporting are error free.
  • Audit process - Work closely with the groups’ external auditor performing audit procedures on consolidated financial information and facilitate their processes where appropriate.

Who will be your colleagues?

The department Financial Reporting & Operations is part of Corporate Financial Center. The primary objective of Corporate Financial Center is to provide Aegon’s Management Board, Executive Board and Supervisory Board with meaningful financial information (e.g. capital, income, balance sheet etc.) to support the board’s decision making process and to deliver legally required reporting.

To help achieve this objective, the Financial Reporting & Operations team acts as a shared service center for Aegon Corporate Center and Aegon International for global reporting. The Financial Reporting & Operations team is responsible for gathering financial and certain non-financial data routinely in a controlled manner, reporting related to the wider range of global and International deliverables and delivering information for compliance reporting purposes and as a basis for Aegon’s management information. Furthermore, the department maintains the books and records of holding companies in The Hague, Budapest, and Hong Kong.

The department works very closely with other disciplines within the Corporate Center and International such as the Financial Planning & Analysis, Group Treasury, Group Risk, Investor Relations and the other groups within Corporate Center. In addition, Financial Reporting & Operations works closely together with all Aegon’s business units to ensure timely and high-quality information. The reporting process is a global process whereby ongoing communication and alignment with country units is essential.

The Financial Reporting Officer Group FR&O is a professional in the flexible pool reporting to the chief of staff. On a day-to-day basis the actuarial analyst is supervised by a financial/actuarial reporting manager to produce specific deliverables in the financial reporting space.

Financial Development Program

This position is part of the Financial Development Program. The program is based on job rotation. Every two years, you will switch to another business unit in The Hague: Aegon The Netherlands, Aegon Asset Management, Aegon Group and Aegon Bank. These rotations (3 times max.) facilitate your development as a broad professional. Besides these rotations, we offer you everything to boost your development:

  • Extended training program (a.o. communication - project management - and leadership skills)
  • International assignments
  • Individual coaching by program coordinators
  • Possibility to obtain professional accreditation such as CFA

The program is an excellent opportunity to build a broad network with your peers and to interact with senior management. All of this prepares you for senior expert and management roles within

Aegon. For more information click here.

This is your future position, because you:

  • Have a master’s degree in Finance, Accounting or equivalent
  • Have at least 3 years of relevant work experience in financial analysis/reporting incl. in IFRS and/or SII
  • Expertise geared towards finance/accounting
  • Comfort with a broad range of tools and technologies, analytics and financial analyses
  • Strong data analysis skills (e.g., Excel, Access)
  • Strong communication skills (written and verbal)
  • Meet the requirements of the Financial Development Program

What will you be getting?

  • You will be earning between € 3.250 and € 3.560 based on your experience
  • You will also receive a thirteenth month and a holiday allowance in the form of a monthly flex budget, amounting to 16.7% of your monthly salary
  • Plenty of scope and budget for your personal development
  • A minimum of 27 holiday days
  • Reimbursement of your travel expenses
  • Discount on Aegon life insurance products
  • An excellent pension scheme

About Aegon

People are living longer, and at Aegon we are excited by the opportunities this brings. We are here for everyone who wants to make the most of their time on our planet and leave it a little better than they found it. Aegon is an integrated, diversified, international financial services group. We are here to support every stage of a long, healthy life with guidance, financial advice, and propositions. With our solutions for investment, protection, and retirement, we give people the confidence to make the right choices for their future.

To succeed in our mission, we are looking for curious, ambitious and empathic employees who dare to speak out and finish what they start. At Aegon, we are committed to fostering a diverse workforce and an inclusive culture. We are more than a Financial Institution – we are a people business, and we recognize that delivering excellent client outcomes comes from harnessing distinct perspectives. We value diversity in the full range of human uniqueness without limitation including race, gender, ability, language, culture, beliefs, age, origin, background, perspectives and experiences.

Enthusiastic? Apply!

Are you that person who wants to be responsible for the capital reporting part of our holdings? Then make sure you apply immediately! Can’t wait that long, or do you have some more questions? Call Adinda Janse, Campus Recruiter via +31611127850 or send an email to Adinda.Janse@aegon.nl. You can find more information about our application process on our website. #LI-AJ1

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