Senior Mathematician Insurance-Linked Securities, 3328

Hannover Re; Hannover; Hybrid; EUR 90,000 - 120,000; Full time

Benefits offered by this job

Hybrid work model

30 days annual leave

Relocation assistance

Pension scheme

Employee shares

Job summary

Hannover Re in Hannover, Germany, seeks a Senior Mathematician Insurance-Linked Securities to lead quantitative catastrophe risk analysis, model Cat Bonds, and derive loss assumptions for reinsurance and ILS transactions.

You will work with Verisk catastrophe models (AIR) and collaborate with risk experts to discuss results, uncertainties and risk drivers, applying a structured, team-oriented approach to complex topics.

Qualifications

• A degree in Mathematics, Physics or Actuarial Mathematics with excellent results
• Several years of professional experience in actuarial roles within the reinsurance industry
• Experience using Verisk (AIR) catastrophe models
• Experience analysing and interpreting model results for risk and capital decisions
• Excellent Excel skills; knowledge of Python, R or SQL is an advantage
• Fluent German and English
• Structured, analytical approach to complex topics
• Team-oriented with collaborative mindset

Responsibilities

• Take responsibility for the quantitative analysis of natural catastrophe risks using Verisk vendor models
• Assess model, portfolio and loss data and derive robust loss assumptions for reinsurance and ILS transactions
• Model and evaluate Catastrophe Bonds and ILS investments
• Work closely with risk experts to discuss model results, uncertainties and risk drivers
• Take technical responsibility for natural catastrophe-related topics at the interface between reinsurance and capital markets

Skills

Mathematics

Actuarial math

Excel skills

German & English

Analytical thinking

Team oriented

Education

Mathematics degree

Tools

Verisk AIR

Job description

Let's connect: If you want to experience how things are done in the ILS Actuarial team at our headquarters in Hannover / Germany, join us on a permanent basis, commencing at the earliest possible date as a Senior Mathematician Insurance-Linked Securities.

You can look forward to

• Take responsibility for the quantitative analysis of natural catastrophe risks using Verisk vendor models
• Assess model, portfolio and loss data and derive robust loss assumptions for reinsurance and ILS transactions
• Model and evaluate Catastrophe Bonds and ILS investments
• Work closely with our risk experts to discuss model results, uncertainties and risk drivers
• Take technical responsibility for natural catastrophe-related topics at the interface between reinsurance and capital markets

You come equipped with

• A degree in Mathematics, Physics or Actuarial Mathematics with excellent results
• Several years of professional experience in actuarial roles within the reinsurance industry, for example as a Risk Analyst, Natural Catastrophe Modeller, Risk Manager, or in a comparable quantitative role
• Experience in using established natural catastrophe models, particularly Verisk (AIR)
• Experience in analysing, validating and interpreting model results for risk and capital market decisions
• Excellent Excel skills and experience in analysing and preparing complex datasets; knowledge of Python, R or SQL is an advantage
• Fluent German and English language skills
• A structured approach to analysing complex topics, with the ability to challenge results critically, identify key relationships, adapt quickly to new situations and communicate findings clearly
• Enjoy working as part of a team, contribute your perspective to technical discussions and work with colleagues to develop effective solutions for complex challenges

We are #somewhatdifferent – people with their own stories, experiences, and career paths. Everyone is welcome!

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), free parking and electric charging stations for cars and bikes
• Connecting Power: Together we enjoy parties, team events and internal networking activities

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

Gabriela Nangia | Hannover Re | [e-mail]