PÉTER TÖRÖK

[email protected] +36303908245 Budapest, Hungary

PROFESSIONAL SUMMARY

Experienced consultant with strong background in transactions and financial risk management looking for opportunities in M&A.

WORK EXPERIENCE

Manager
01/2025 - Present
Ernst&Young, Financial Services and Risk Management
Supported sell and buy-side transactions providing valuation life and non-life insurance companies using DCF and DDM valuation methodologies
Challenged business plans and contributed to due diligence reports focusing on risks faced by the companies
Advised bank on exiting the Hungarian market including building up scenarios for reduced local operations and complete exit from the market
Advised on insurance distributor sales strategy based on products review, agents’ incentives system change, and spatial analysis of agencies
Developed macroeconomic forecasting models using time series methods to project key macro variables, prepared market analysis on the banking and insurance sectors
Designed and validated spot and derivatives capital market as well as gas market risk methodology for CCP with key focus on stress testing
Built excel and Python based valuation tools for the pricing of financial instruments and CF models for Hungarian banking loan products (CSOK, Babaváró)
Audit supports including the balance sheet and P&L items for banks (IFRS9) and insurance companies (Solvency 2, IFRS17)
Mentoring of junior colleagues, project management tasks from senior rank

EDUCATION

MSc in Actuarial and Financial Mathematics
01/2017 - 01/2020
Leibniz Universität Hannover
BSc in Mathematical Economics
01/2014 - 01/2017
Corvinus University of Budapest

SKILLS

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