Actuary / Mathematician Property & Casualty Reinsurance

Hannover Rückversicherung AG; Hannover; Hybrid; EUR 65,000 - 90,000; Full time

Benefits offered by this job

Hybrid work model

30 days annual leave

Company pension scheme

Employee shares at favorable terms

Relocation support to Hannover

Lifelong learning program

AI tools training (Microsoft Copilot)

Job summary

Hannover Re in Hannover, Germany is seeking an Actuary/Mathematician for Property & Casualty Reinsurance on a temporary, full-time basis for 24 months. You will analyze trends in property and motor insurance, perform portfolio analyses, and develop actuarial tools using R, Excel, and BI environments while supporting underwriting digitalization and regulatory impact assessments.

The role requires a degree in mathematics/related field, initial insurance experience, actuarial knowledge (DAV/CERA

Qualifications

• Degree in (business) mathematics, physics, statistics, economics or comparable field.
• Initial professional experience in (re)insurance and knowledge of property and motor lines.
• Actuarial knowledge desirable; DAV courses or CERA qualification advantageous.
• Knowledge of actuarial calculations and programming in R.
• German C2 and English conversational proficiency.
• Willingness to travel occasionally.
• Structured, independent work style and strong communication skills.

Responsibilities

• Analyse developments and trends in property and motor insurance and derive actionable recommendations.
• Perform portfolio analyses and provide insights to specialist departments.
• Develop and enhance actuarial tools using R, Excel and BI environments.
• Contribute to automation of underwriting processes and improve systems/workflows.
• Assess the impact of Solvency II on the German reinsurance portfolio.

Skills

German (C2) and English

Actuarial calculations

R programming

Structured and independent work

Analytical mindset

Willingness to travel

Education

Degree in mathematics/physics/statistics/economics or comparable field

Tools

R

Excel

BI/MicroStrategy

Job description

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Actuary / Mathematician Property & Casualty Reinsurance

Reference Number: 3206

Contract Type: Temporary

Working Time: Full-Time

Hannover Re - as one of the worlds leading reinsurers, we provide coverage for the risks of yesterday, today and tomorrow. Our strength?Connecting Power: Within our global team of around 4,000 colleagues, we bring together knowledge, perspectives and a strong sense of responsibility. We rely on one another, challenge ourselves and continuously develop both our services and our products. Whether working with risk calculation models, developing digital tools or creating pragmatic solutions for our clients: here, you can contribute your expertise and actively shape what comes next.Sounds good? Get to know us as a reliable employer and find your place with us.

Let's connect: If you want to experience how things are done in theMB5 TUW team at our headquarters in Hannover / Germany, join us on a temporary, full-time / for 24 months, commencing as soon as possible as a Actuary / Mathematician Property & Casualty Reinsurance. #LI-DNI

You can look forward to

You analyse developments and trends in property and motor insurance and derive well-founded recommendations for action

You perform portfolio analyses with a focus on E+S Rück's business and provide valuable insights for our specialist departments

You develop and enhance actuarial tools, particularly using R, as well as Excel and BI/MicroStrategy environments

You actively contribute to the automation of underwriting processes and help further develop our systems and workflows

You analyse the impact of regulatory requirements, particularly Solvency II, on the German reinsurance portfolio

You come equipped with

• Successfully completed degree in (business) mathematics, physics, statistics, economics, or a comparable field of study
• Initial professional experience in the (re)insurance industry, as well as knowledge of property and motor insurance
• Actuarial knowledge is desirable, for example through DAV courses, CERA qualification, or a comparable certification; a completed DAV qualification is an advantage
• Knowledge of actuarial calculations and programming in R
• German language skills at C2 level and conversational English
• Willingness to undertake occasional one- to two-day business trips
• You work in a structured and independent manner and stand out through your analytical mindset and your ability to communicate effectively with different audiences

You may not meet every requirement listed in the job description. However, if you bring strong expertise and identify with our values Responsibility, We-spirit and Drive, we look forward to receiving your application!

We offer you

• Flexibility: A hybrid work model with flexible working hours and 30 days of annual leave
• Work Abroad: Up to 30 days a year within the EU Member States, Iceland, Liechtenstein, Norway and Switzerland
• Financial Benefits: Company pension scheme, employee shares at favourable conditions, vacation and Christmas allowances as well as financial participation in the company's success
• Worry-free Relocation: Wrap-around (financial) support for your accommodation search and relocation to Hannover
• Lifelong Learning: Innovative programme of further training, including e-learning, specialist seminars, soft skills training, language courses, opportunities for work shadowing in other departments
• Digital Fitness: In short training sessions, we show you how to make your daily work more efficient and smarter using our AI tools - especially Microsoft Copilot
• Healthy Work Environment: Ergonomic workstations, outstanding canteen with rich selection of regional dishes ranging from vegan to hearty made with organic ingredients
• Corporate Fitness: Epassi membership (formerly Hansefit) across Germany or at Daily Fitness gym in Hannover (here also with access for family members)
• Corporate Benefits: Discounts on products and services from well-known vendors (including travel, fashion and technology)
• Individual Family Support: Company daycare facility and free, anonymous external counselling on personal, professional and psychological matters
• Mobility: Ease of mobility with a free pass on local public transport (Deutschlandticket) and bicycle leasing (JobRad) [only for permanent contracts], free parking and electric charging stations for cars and bikes
• Connecting Power: Together we enjoy parties, team events and internal networking activities

We are #somewhatdifferent - people with their own stories, experiences, and career paths. Everyone is welcome! We'd love to hear about your skills and experiences. No need to upload a photo - it won't impact your application.