Actuary / Mathematician Property & Casualty Reinsurance

Hannover Re; Hannover; Hybrid; EUR 80,000 - 110,000; Full time

Benefits offered by this job

Flexibility with hybrid model

Work Abroad up to 30 days EU/Schengen

Company pension scheme

Employee shares at favorable terms

Relocation support

Lifelong learning program

Digital tools training (AI Copilot)

Healthy work environment

Corporate fitness (Hansefit-like)

Corporate benefits with vendors

Family support and daycare

Mobility: public transport pass andJob

Job summary

Hannover Re in Hannover, Germany, seeks an Actuary/Mathematician for a 24‑month temporary role in Property & Casualty Reinsurance. You will analyze trends, develop actuarial tools in R, and contribute to underwriting automation.

Requirements include a maths/statistics oriented degree, re/insurance experience, and strong German (C2) with English. Hybrid work, relocation support, and international exposure are offered.

Qualifications

• Degree in (business) mathematics, physics, statistics, economics or comparable field.
• Initial professional experience in (re)insurance and knowledge of property and motor.
• Actuarial knowledge desirable (DAV or CERA) or comparable qualification.
• Knowledge of actuarial calculations and programming in R.
• German C2 and conversational English; willingness to travel occasionally.

Responsibilities

• Analyse developments and trends in property and motor insurance with actionable recommendations.
• Perform portfolio analyses for E+S Rück's business and provide insights.
• Develop and enhance actuarial tools using R, Excel and BI environments.
• Contribute to automation of underwriting processes and system improvements.
• Analyze Solvency II impacts on the German reinsurance portfolio.

Skills

Actuarial knowledge

R programming

German C2

Conversational English

Analytical mindset

Structured work style

Education

Maths/Statistics degree

Tools

R

Excel

BI/MicroStrategy

Job description

Let's connect: If you want to experience how things are done in the MB5 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.

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

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!

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!

More on our work environment, your entry opportunities and development prospects can be found at www.hannover-re.com/en/career.

Mara Wagner | Hannover Re | [e-mail]