Mathematician International Property and Casualty Reinsurance

Hannover Rück SE; Hannover; Hybrid; EUR 70,000 - 110,000; Full time

Benefits offered by this job

Hybrid work model

30 days annual leave

Relocation support

Lifelong learning program

AI tools training with Copilot

Job summary

Hannover Re in Hannover, Germany, seeks a Mathematician for International Property and Casualty Reinsurance to support global risk-adequate pricing and pricing model development. You will work with Underwriting, Actuarial, and Risk Management teams across borders, delivering robust mathematical foundations for underwriting decisions.

The role involves designing pricing models, analyzing risks, and automating actuarial challenges using R and Excel, with occasional international travel.

Qualifications

• Master’s degree in Mathematics, Business Mathematics, Physics, Statistics, Data Science, Econometrics, or a comparable quantitative discipline.
• Programming knowledge in R or Python is beneficial.

Responsibilities

• Assess international reinsurance risks and calculate risk-adequate premiums.
• Design mathematical pricing models and support their development.
• Conduct market, portfolio, and risk analyses for international Property & Casualty reinsurance.
• Develop and automate actuarial solutions using R and Excel.
• Advise underwriters on complex mathematical topics in Hannover and abroad.
• Deliver international training sessions and audits on pricing methods and tools.

Skills

Analytical thinking

Cross-functional collaboration

English proficiency

German proficiency

Education

Master's degree in Mathematics or related

Tools

R

Python

Job description

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Mathematician International Property and Casualty Reinsurance

Reference Number: 3286

Contract Type: Regular

Working Time: Full-Time

Hannover Re – as one of the world’s 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 the GQS-International team at our headquarters in Hannover / Germany, join us on a permanent basis, commencing at the earliest possible date as a Mathematician International Property and Casualty Reinsurance.

As part of the Group Quotation Service – International team, you will support the global risk-adequate pricing of Property & Casualty reinsurance business outside North America. Together, we develop modern pricing approaches, analyze risks, and provide the mathematical foundation for sound underwriting decisions. In doing so, we work closely with international colleagues from Underwriting, Actuarial, and Risk Management.

You can look forward to

• Assess international reinsurance risks and calculate risk-adequate premiums
• Design mathematical pricing models and support their further development
• Conduct market, portfolio, and risk analyses for the international Property & Casualty reinsurance business
• Develop and automate solutions for actuarial challenges using R and Excel
• Advise our underwriters on complex mathematical and technical topics, both in Hannover and at our locations worldwide
• Deliver international training sessions and conduct audits on pricing methods and Tools

You come equipped with

• Master's degree in Mathematics, Business Mathematics, Physics, Statistics, Data Science, Econometrics, or a comparable quantitative discipline
• Initial experience in (re)insurance, pricing, or actuarial work is an advantage but not a requirement
• Knowledge of programming languages (e.g. R, Python) is beneficial, along with an interest in digital technologies and innovative applications
• Business-fluent English and conversational German skills; additional language skills are an advantage
• Willingness to undertake occasional international business travel following onboarding and in coordination with the team (approximately once or twice per year)
• Enjoy working across functions and international teams, particularly in supporting underwriters with decision-making
• Ability to confidently manage diverse requirements and perspectives, combined with a commitment to continuous learning and development

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 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), 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!