Dublin

Associate

Qualified

Senior Actuary

Life

Health

Reporting

Reinsurance

Risk

Pricing

Marketing

Hannover Re is one of the world's leading reinsurance companies, headquartered in Germany. With a global presence, they provide risk management and reinsurance solutions to clients in various sectors. Hannover Re's expertise lies in property and casualty, life and health, and specialty reinsurance, catering to the diverse needs of their clients worldwide. They prioritize risk analysis, underwriting excellence, and long-term partnerships.

Hannover Re

The RoleWe are seeking a Pricing Actuary to lead new business acquisition which delivers client-centric reinsurance solutions and to play a critical role in the development of our Life and Health strategy. This role is based in Dublin, Ireland.This role is a call to self-driven unstructured problem solvers and is challenging, exciting, and highly varied. It requires a candidate with solid industry experience, an understanding of life and health reinsurance across global markets, as well as strong technical, communication, and influencing skills.The role will operate in an international environment, and the successful candidate will be expected to coordinate and work with international colleagues across the Hannover Re Group, in particular with Life and Health teams in Bermuda, Germany, Canada, Asia, and Australasia.The successful candidate will gain exposure to all aspects of the reinsurance business and be an integral part of the global Hannover Re team. Working with a highly adept actuarial team, you will be provided the opportunity to lead transactions, demonstrate and enhance your skill set, and develop your own profile within the worldwide business.You can look forward toPricingThe responsibilities of the role will span all aspects of actuarial pricing and new business acquisition, including:<ul><li>Evaluate new business opportunities sourced from within the Hannover Re L&H worldwide network</li><li>Set and review pricing assumptions</li><li>Manage internal relationships and key stakeholders while managing successful acquisition and onboarding</li><li>Demonstrate a thorough understanding of regulatory, accounting, and economic impacts of prospective transactions</li><li>Design and review bespoke reinsurance solutions to meet the diverse needs of our clients</li><li>Work collaboratively across time zones and geographies with Hannover Re entities globally on new business opportunities and where required, supporting this activity with international travel</li><li>Effectively communicate how complex reinsurance solutions operate, the effect on our risk profile, and the financial and economic outcomes to the Senior Management team including the CEO, CFO, Head of Corporate Actuarial, and CRO</li><li>Draft and review treaty wordings and transaction summary documentation</li><li>Prepare and deliver presentations to internal colleagues on the latest pricing developments</li><li>Maintain pricing procedures and underwriting guidelines in accordance with Hannover Re requirements and regulatory best practice</li></ul>Marketing and Strategy<ul><li>Contribute to the development and implementation of the L&H strategy</li><li>Identify opportunities to support Business Centres within the Group</li><li>Represent HRI Pricing team at various internal Group workshops</li><li>Work alongside the L&H Business Centre Head in building and maintaining strong relationships with the Company’s direct and internal clients</li></ul>Regulation and Local Marketplace<ul><li>Actively monitor the changing regulatory environment internationally and locally (Solvency II/IFRS 17) and assess impact on existing business and new business opportunities</li><li>Contribute to discussions within the Hannover Re group on matters affecting new business, product development, and economic solvency capital requirements</li><li>Attend international reinsurance industry meetings to monitor developments in relevant markets</li></ul>You come equipped with<ul><li>Qualified actuary with 3+ years post qualification experience</li><li>Experience of life reinsurance is favourable, particularly in a pricing or structuring role</li><li>International experience of reinsurance business across different regulatory and accounting regimes, geographies, reinsurance structures, and product designs beneficial</li><li>Advanced knowledge of European solvency and regulatory requirements</li></ul>Skills:<ul><li>Strong analytical and technical capability with a curious, creative approach to client solutions</li><li>Time management – proven ability to manage competing priorities under challenging deadlines</li><li>Critical thinker – performs independent assessments in new situations with the confidence to challenge the status quo</li><li>Strategic – proactively identifies and drives business opportunities as they present themselves, influencing the key stakeholders</li></ul>Person Specification:<ul><li>Team player and collaborative in nature – works well with others and takes time to share knowledge</li><li>A self-driven unstructured problem solver</li><li>Applies initiative and demonstrates accountability for own role</li><li>Demonstrated capacity to influence decisions and manage relationships with key stakeholders both in HRI (Senior Management team & Board) and across the Group internationally</li><li>Excellent communication skills to present solutions to non-technical and culturally diverse clients in a clear and concise manner</li><li>Adaptable and flexible approach to work</li></ul>Please submit your application including CV via the "Apply Now" button by 28 February 2025.

We are seeking a nearly/newly qualified actuary to support new business acquisition which delivers client-centric reinsurance solutions and to play a critical role in the development of our Life and Health strategy.This role is a call to self-driven unstructured problem solvers and is challenging, exciting and highly varied. The role will operate in an international environment and the successful candidate will be expected to coordinate and work with colleagues across the Hannover Re Group, in particular with Life and Health teams in Bermuda, Germany, Canada, Asia and Australasia.Working with a highly adept actuarial team, you will be provided the opportunity to contribute to structured reinsurance transactions, demonstrate and enhance your skill set and to develop your own profile within the worldwide business. This position is to be filled on a permanent, full-time basis.Your Tasks<ul><li>Evaluate new business opportunities sourced from within the Hannover Re L&amp;H world-wide network</li><li>Set and review pricing assumptions</li><li>Manage internal relationships and key stakeholders while managing successful acquisition and on-boarding</li><li>Demonstrate a thorough understanding of regulatory, accounting and economic impacts of prospective transactions and leverage this knowledge for new business development</li><li>Design and review bespoke reinsurance solutions to meet the diverse needs of our clients</li><li>Work collaboratively across time zones and geographies with Hannover Re entities globally on new business opportunities and where required, supporting this activity with international travel</li><li>Effectively communicate how complex reinsurance solutions operate, the effect on our risk profile and the financial and economic outcomes to the Senior Management team including the CEO, CFO, Head of Corporate Actuarial and CRO</li><li>Draft and review treaty wordings and transaction summary documentation</li><li>Prepare and deliver presentations to internal colleagues on the latest pricing developments</li><li>Maintain pricing procedures and underwriting guidelines in accordance with Hannover Re requirements and regulatory best practice</li></ul>Marketing and Strategy<ul><li>Contribute to the development and implementation of the L&amp;H strategy</li><li>Identify opportunities to support Business Centres within the Group</li><li>Represent HRI Pricing team at various internal Group workshops</li><li>Work alongside the L&amp;H Business Centre Head in building and maintaining strong relationships with the Company’s direct and internal clients</li></ul>Regulation and Local Marketplace<ul><li>Actively monitor the changing regulatory environment internationally and locally and assess impact on existing business and new business opportunities</li><li>Contribute to discussions within the Hannover Re Group on matters affecting new business, product development and economic solvency capital requirements</li><li>Attend international reinsurance industry meetings to monitor developments in relevant markets</li></ul>Your Profile<ul><li>Nearly/Newly Qualified actuary with at least 2 years’ experience of working in the Financial Services industry</li><li>Experience of life reinsurance is favourable, particularly in a pricing or structuring role</li><li>International experience of reinsurance business across different regulatory and accounting regimes, geographies, reinsurance structures, product designs beneficial</li><li>Advanced knowledge of European solvency and regulatory requirements</li><li>Strong analytical and technical capability with curious, creative approach to client solutions</li><li>Time management – proven ability to manage competing priorities under challenging deadlines</li><li>Critical thinker – performs independent assessments in new situations with the confidence to challenge the status quo</li><li>Team player and collaborative in nature – works well with others and takes time to share knowledge</li><li>A self-driven unstructured problem solver</li><li>Applies initiative and demonstrates accountability for own role</li><li>Demonstrated capacity to influence decisions and manage relationships with key stakeholders</li><li>Excellent communication skills to present solutions to non-technical and culturally diverse clients in a clear and concise manner</li><li>Adaptable and flexible approach to work</li></ul>What We OfferAtmosphere: You will find an international working environment with short decision channels, an open feedback culture and a sense of community shaped by mutual esteem and a readiness to help.Benefits: Structured onboarding, flexible working hours, benefits superior to those of the collective agreement as well as modern offers for personal development, health management and work-life balance are just some of our benefits.Prospects: You contribute your specialist and methodological expertise and we offer you fresh input and the opportunity to further develop your potential – including room to come up with innovative ideas and act on them!

Hannover Re (Ireland) DAC in Dublin is seeking to recruit a Pricing Actuary to lead new business acquisition which delivers client-centric reinsurance solutions and to play a critical role in the development of our Life and Health strategy.This role is a call to self-driven unstructured problem solvers and is challenging, exciting and highly varied. It requires a candidate with solid industry experience, an understanding of life and health reinsurance across global markets as well as strong technical, communication and influencing skills. The role will operate in an international environment and the successful candidate will be expected to coordinate and work with international colleagues across the Hannover Re Group, in particular with Life and Health teams in Bermuda, Germany, Canada, Asia and Australasia.The successful candidate will gain exposure to all aspects of the reinsurance business and be an integral part of the global Hannover Re team. Working with a highly adept actuarial team, you will be provided the opportunity to lead transactions, demonstrate and enhance your skill set and to develop your own profile within the worldwide business. This position is to be filled on a permanent, full-time basis.Your Tasks<ul><li>Pricing</li><li>The responsibilities of the role will span all aspects of actuarial pricing and new business acquisition, including:</li></ul><ul><li>Evaluate new business opportunities sourced from within the Hannover Re L&amp;H world-wide network</li><li>Set and review pricing assumptions</li><li>Manage internal relationships and key stakeholders while managing successful acquisition and on-boarding</li><li>Demonstrate a thorough understanding of regulatory, accounting and economic impacts of prospective transactions</li><li>Design and review bespoke reinsurance solutions to meet the diverse needs of our clients</li><li>Work collaboratively across time zones and geographies with Hannover Re entities globally on new business opportunities and where required, supporting this activity with international travel</li><li>Effectively communicate how complex reinsurance solutions operate, the effect on our risk profile and the financial and economic outcomes to the Senior Management team including the CEO, CFO, Head of Corporate Actuarial and CRO</li><li>Draft and review treaty wordings and transaction summary documentation</li><li>Prepare and deliver presentations to internal colleagues on the latest pricing developments</li><li>Maintain pricing procedures and underwriting guidelines in accordance with Hannover Re requirements and regulatory best practice</li></ul>Marketing and Strategy<ul><li>Contribute to the development and implementation of the L&amp;H strategy</li><li>Identify opportunities to support Business Centres within the Group</li><li>Represent HRI Pricing team at various internal Group workshops</li><li>Work alongside the L&amp;H Business Centre Head in building and maintaining strong relationships with the Company’s direct and internal clients</li></ul>Regulation and Local Marketplace<ul><li>Actively monitor the changing regulatory environment internationally and locally (Solvency II/ IFRS 17) and assess impact on existing business and new business opportunities</li><li>Contribute to discussions within the Hannover Re group on matters affecting new business, product development and economic solvency capital requirements</li><li>Attend international reinsurance industry meetings to monitor developments in relevant markets</li></ul>Your Profile<ul><li>Qualified actuary with 3+ years post qualification experience</li><li>Experience of life reinsurance is favourable, particularly in a pricing or structuring role</li><li>International experience of reinsurance business across different regulatory and accounting regimes, geographies, reinsurance structures, product designs beneficial</li><li>Advanced knowledge of European solvency and regulatory requirements</li><li>Strong analytical and technical capability with curious, creative approach to client solutions</li><li>Time management – proven ability to manage competing priorities under challenging deadlines</li><li>Critical thinker – performs independent assessments in new situations with the confidence to challenge the status quo</li><li>Strategic – proactively identifies and drives business opportunities as they present themselves, influencing the key stakeholders</li><li>Team player and collaborative in nature – works well with others and takes time to share knowledge</li><li>A self-driven unstructured problem solver</li><li>Applies initiative and demonstrates accountability for own role</li><li>Demonstrated capacity to influence decisions and manage relationships with key stakeholders both in HRI (Senior Management team &amp; Board) and across the Group internationally</li><li>Excellent communication skills to present solutions to non-technical and culturally diverse clients in a clear and concise manner</li><li>Adaptable and flexible approach to work</li></ul>What We OfferAtmosphere: You will find an international working environment with short decision channels, an open feedback culture and a sense of community shaped by mutual esteem and a readiness to help.Benefits: Structured onboarding, flexible working hours, benefits superior to those of the collective agreement as well as modern offers for personal development, health management and work-life balance are just some of our benefits.Prospects: You contribute your specialist and methodological expertise and we offer you fresh input and the opportunity to further develop your potential – including room to come up with innovative ideas and act on them!

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