Risk and Actuarial Services (RAS) is a quantitative excellence centre of NN Group, located in Budapest, supporting all NN entities in actuarial and risk management related projects. Core tasks of NN RAS are cash flow model development, developing NN Group?s Internal Model Solvency Capital Requirement (SCR) calculation engine, and economic scenario generation (ESG) for stochastic valuation purposes. Other tasks include development of statistical models, automation of calculation-intensive processes, driving IFRS 17 (Insurance Liabilities) project, giving trainings related to all above, as well as support during reporting periods.