Underwriter Facultative Engineering Reinsurance

Hannover Rückversicherung AG; Hannover; Hybrid; EUR 70,000 - 110,000; Full time

Benefits offered by this job

Hybrid work model

Company pension scheme

Relocation support

Lifelong learning program

AI tools training (Copilot)

Job summary

Hannover Re sucht am Standort Hannover eine/n Underwriter Facultative Engineering Reinsurance zur Akquise, Bewertung und Verhandlung von fakultativen Reinsurance-Möglichkeiten aus den US- und London-Märkten. Sie analysieren Engineering-Submissions und bauen globale Geschäftsbeziehungen auf.

Sie verfügen über ein abgeschlossenes Ingenieurstudium und mehrjährige Underwriting-Erfahrung im Ingenieursegment, idealerweise mit Kenntnissen der London/US-Versicherungsmärkte. Reisetätigkeit wird erwartet.

Qualifications

• Abgeschlossenes Studium, vorzugsweise im Ingenieurwesen (Maschinenbau/Bauingenieurwesen)
• Mehrere Jahre underwriting-Erfahrung bei Erst- oder Rückversicherung
• Technisches Verständnis komplexer Risiken und Deckungskonzepte
• Kenntnisse des London/US-Versicherungsmarkts und Bereitschaft zu internationaler Reisetätigkeit

Responsibilities

• Übernahme der Akquise, Bewertung und Verhandlung von facultative Reinsurance-Möglichkeiten aus US/London
• Analyse von Engineering-Submissions
• Marktbeobachtung und Weiterentwicklung unseres Engineering-Portfolios
• Aufbau und Pflege langfristiger Beziehungen zu internationalen Geschäftspartnern
• Mitgestalten der Weiterentwicklung unserer Underwriting-Prozesse und -Tools

Skills

Engineering underwriting

Technical analysis

Communication skills

Travel willingness

Education

Engineering degree (Mech/Civil) or related field

Job description

Reference Number: 3296

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 RD83 Engineering USA/London Market team at our headquarters in Hannover / Germany, join us on a permanent basis, commencing at the earliest possible date as a Underwriter Facultative Engineering Reinsurance.

Our international team is responsible for facultative business in the areas of Engineering & Construction, Conventional Power and Renewables. In addition, we support risks worldwide across Downstream Energy, Oil & Gas and Mining. Working closely with our international offices, we develop tailored reinsurance solutions for our business partners.

You can look forward to

• Take responsibility for the acquisition, assessment and negotiation of facultative reinsurance opportunities from the US and London markets
• Analyse engineering submissions
• Monitor markets and competitors and contribute to the further development of our engineering portfolio
• Build and maintain long-term relationships with international business partners and meet them regularly in person
• Help shape the further development of our underwriting processes and tools together with interdisciplinary teams

You come equipped with

• Successfully completed degree, preferably in Engineering, Mechanical Engineering, or Civil Engineering; alternatively, a degree in Business Administration, Economics, or a related field may also be suitable
• Several years of relevant underwriting experience with a primary insurer or reinsurer, ideally related to the engineering sector
• Strong technical understanding and experience in analysing complex risks and coverage concepts
• Knowledge of the London and/or US insurance market and willingness to undertake regular international business travel
• Business-fluent German and English skills combined with a clear and audience-appropriate communication style
• A structured approach, sound judgement and the ability to focus on what matters most, enabling you to deliver reliably, make well-founded decisions and view new perspectives and change as opportunities for 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
• 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!