Senior Actuary/Risk Management Analyst, Compensation and Benefits | European Patent Office (EPO)

Verloopt op: 25/06/2022
Functie: Senior Actuary/Risk Management Analyst, Compensation and Benefits
Salaris: € 5.911,- to € 8.385,-
Dienstverband: Onbepaalde tijd
Aantal uren: 40
Opleidingsniveau: HBO
Ervaring: Medior/Senior
Branche/sector: Engineering
Locatie: Rijswijk | Zuid-Holland
Organisatie: European Patent Office (EPO)
Vervaldatum: 25/06/2022
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The EPO offers a wide range of compensation and benefits to its staff, pensioners and families, who altogether accoutn for more than 23 000 individuals. As an international organisation, the EPO acts like a state by providing a sustainable social security framework covering pensions, allowances and remuneration schemes. This is paramount for a self-financed organisation that generates its own revenue and must provide current staff with the best and fairest packages, while also caring for past and future generations of EPO employees. To ensure the competitiveness of the package it offers staff and to propose evidence-based measures to decision-makers, the EPO must rely on strong social data and analyses, regular benchmarkings and internal and external studies.


These missions are driven by Directorate, Compensation and Benefits, under the Principal Directorate (PD) Welfare and Remuneration. Directorate Compensation and Benefits team is responsible for assessing and designing programs related to the employee package and for managing different social-security schemes from a long-term social and financial sustainability perspective.

With us you will:

  • define, assess, measure risks in the financial, operational, governance and compliance area associated with the EPO’s social security scheme, pension funds and remuneration systems
  • monitor pension and social security schemes risks, conduct risk identification, analysis, systematisation, and evaluation of risks
  • propose risks mitigation measures in this respect
  • participate to actuarial analyses and simulations of the financial impact of compensation and benefits and social security schemes and support the monitoring of the development of total staff costs and long-term liabilities, and the assessment of their impact on the overall EPO financial situation.
  • support Senior management in proactively maintaining and defining a risk management strategy
  • propose and develop risk policies and processes for programs under the Compensation and Benefits supervision and provides risk models involving market and operational risks, assuring controls are operating effectively
  • prepare, analyse, and translate information requirements into effective report and communication to senior management (e.g. risk monitoring cockpit tool)
  • develop, together with different stakeholders, internal control systems and carry out a regular risk reporting
  • maintain and improve our Quality Management System linked to the design of remuneration, social security and pension schemes, while ensuring a common approach and methodologies are followed in this regard.
  • support the design and the implementation of assigned compensation and benefits projects and reforms
  • collaborate pro-actively with risk management functions across the Office, such as finance  department and the Reserve Funds for Pensions and Social security (RFPSS)

Apply if you have:

  • several years of professional experience in employee benefit risk management in an international organisation or multinational company
  • excellent knowledge of compensation and benefits best practices; actuarial skills and a formal qualification in this area would be a plus
  • demonstrated ability to team up and network with a large variety of stakeholders (senior management, other departments including HR units and Finance, staff representatives, external consultants, auditors, international organisations, etc.) and subject-matter experts to deliver collaborative, solution-oriented and successful outcomes on complex issues
  • ability to embrace and promote change in a dynamic environment
  • experience in project/programme management
  • excellent presentation and communication skills with the ability to interact effectively at all levels within the organisation
  • proficiency in MS Office (focus Excel) required; experience with SAP applications would be an advantage


The successful candidate will be selected on the basis of qualifications and relevant experience, supplemented as appropriate by interviews, tests and/or a personality questionnaire.

Key information

Job group: 4
Grade: G7 to G10 (net (basic) monthly salary* for this vacancy: EUR 5 911 to 8 385, depending on experience) – complemented by additional benefits defined in the Service Regulations)
Duration of appointment: Five years  (renewable under the conditions laid down in the Service Regulations)
Career path: Technical
Location: Munich/The Hague
Application deadline: 25 June 2022

Interviews planned for: week commencing 4 July 2022

* after deduction of EPO-internal tax and before deduction of staff contributions to the social security and pension schemes.

We welcome all applications for vacant positions. We consider each on its professional merits – regardless of your nationality, ethnic origin, gender, sexual orientation, marital status, disability, parental responsibilities, age, religion or belief.

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