Hamilton

Hanover

London

Shanghai

Graduate

Part Qualified

Associate

Qualified

Senior Actuary

Life

Health

Property & Casualty

Products

Reserving

Reporting

Reinsurance

Risk

Systems

Research

Modelling

Experience Analysis

Coding

Pricing

Valuation

Excel

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

If you want to experience how things are done in the Reinsurance Accounting &amp; Valuation - P&amp;C Valuation team at our headquarters in Hannover/Germany, join us on a permanent, full-time basis commencing at the earliest possible date as a Valuation Actuary for Business Group Property &amp; Casualty.Your TasksYou calculate reserves for the internal and external reporting, which are additionally needed for performance measurement and capital allocation, and reconcile these with the stakeholders..<ul><li>Compiling and processing actuarial reserve analyses for Hannover Re's P&amp;C business</li><li>Drawing up quarterly and annual financial statements in accordance with HGB and IFRS 17 as well as valuation according to Solvency II</li><li>Economic valuation of the worldwide P&amp;C (re)insurance business as a basis for corporate management and performance measurement</li><li>Reserving of regional, customer-specific and line-of-business-specific subsegments both at Group head office and at our international locations for all relevant financial statements (HGB, IFRS 17, Solvency II)</li><li>Communication with internal and external customers such as independent auditors, analysts and colleagues from Hannover Re's international network</li><li>Participation in interdepartmental projects as well as interdisciplinary exchange with colleagues from IT, Underwriting and Accounting</li><li>Further development of methods and systems for reserve determination and analysis</li></ul>Your Profile<ul><li>Degree in (business) mathematics, physics, computer science or economic/scientific studies with a mathematical focus</li><li>Business-fluent user skills in German and English (at least level B2)</li><li>Capacity for self-reliant development of solutions to complex problems</li><li>Structured way of thinking, recognition of complex correlations and solution-oriented approach to problems</li></ul>On a personal level, you can impress us with your strong powers of communication as well as your conceptual and analytical abilities. If you are also willing to go on occasional business trips and enjoy working in a team and in an international network you have come to exactly the right place!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!

If you want to experience how things are done at our Branch in Shanghai, China, start planning your professional future with us and join us on a permanent full-time basis at the earliest possible date as a Senior Actuarial Manager for our Shanghai officeYour TasksYou provide actuarial support to company-wide strategic projects.<ul><li>Participate in and actively contribute to valuation and risk management processes improvement (e.g. data management, experience study, cash flows projections, capital management, ALM)</li><li>Collaborate with Risk Function to closely monitor the C-ROSS positions and business claim experience, regulatory reporting, internal reporting (e.g. C-ROSS quarterly solvency reporting, sensitivity testing, stress testing, capital planning, market reports)</li><li>Support different teams in Shanghai Branch and Home Office in reviewing and improving data integrity</li></ul>Your Profile<ul><li>8+ years' work experience with 5+ years' pricing or valuation experience</li><li>In-depth knowledge of insurance and reinsurance market, business development, insurance risk control, regulatory changes and international best practice etc.</li><li>Familiar with Excel, Access, Sql and VBA programming</li><li>Bachelor's Degree from a reputable university</li><li>Fellow of Actuarial Associations (SoA, CAA, FIAA, etc.) a plus</li><li>Proficient user of R, Python or Risk Agility system a plus</li><li>Native Chinese Speaker and proficient user skills in English (level C1)</li></ul>On a personal level, you can impress us with your string analytical and problem solving skills as well as your excellent time management and abilty to prioritise and meet deadlines. If you are also self-motivated with a desire to achieve continuous improvement in processes and analysis you have come to exactly the right place!

If you want to experience how things are done at Hannover Re UK Life Branch, London, start planning your next career step with us and join the team on a permanent, full-time basis commencing at the earliest possible date as a Senior Actuarial Analyst to develop protection reinsurance solutions and services.Your TasksThe Senior Actuarial Analyst generates new Protection business for the branch achieving required profitability hurdles. Managing the lifecycle for both existing and new Protection treaties, they ensure all appropriate action is taken in a timely manner as well as owning the day-to-day client management responsibilities for our smaller clients.<ul><li>Contribute effectively to the development of Protection reinsurance solutions and services, considering client demands in a changing market</li><li>Contribute to the relationship management of Protection clients, assisting senior members or the team, and taking responsibility for day-to-day contact with clients</li><li>Price protection treaties accurately within agreed deadlines, ensuring all relevant guidelines are followed and departments liase accordingly. This includes:<ul><li>Analysing experience data</li><li>Researching the product being priced, ensuring suitable information has been obtained from the client</li><li>Deriving the pricing basis</li><li>Calculating reinsurance rates</li><li>Completing all supporting documentation to obtain the necessary sign-offs</li><li>Producing tender response documents</li></ul></li><li>Ensure ‘treaty underwriter’ responsibilities are carried out for allocated treaties such as onboarding, performance monitoring and updating key internal systems</li><li>Contribute to the external visibility programme for Protection BD including client events, seminars, industry events, industry working groups and writing articles</li><li>Maintain a high level of knowledge of the industry with a focus on how developments impact the Branch and its clients - transfer this knowledge throughout the Branch as required</li><li>Identify and enhance both quality and value of processes for the department</li><li>Adhere to all local and group guidelines</li><li>Support all other functional activities as required</li></ul>Your Profile<ul><li>Expertise in pricing protection business</li><li>Use of actuarial modelling software, including model development and improvement</li><li>Excellent written and oral communication skills, including a demonstrable ability to deliver engaging presentations</li><li>Strong project management skills</li><li>Enthusiasm for innovating and driving the protection market forwards</li><li>Good degree in a mathematical subject</li><li>Track record of strong progress towards qualifying as an actuary</li></ul>On a personal level, you can impress us with your positive, respectful attitude and flexible, efficient time management. If you also have excellent communication and interpersonal skills as well as organisational skills, you have come to exactly the right place!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!

If you want to experience how things are done in the Group Quotation Service - Direct and Facultative team at our headquarters in Hannover/Germany, join us on a permanent, full-time basis commencing at the earliest possible date as a Pricing Actuary.Your Tasks<ul><li>Pricing for primary insurance and reinsurance risks (obligatory &amp; facultative)</li><li>Supporting the development of primary insurance pricing models</li><li>Analysing pricing-relevant datasets</li><li>Further refinement of quotation models for individual risks and their integration into the IT quotation landscape</li><li>Carrying out training activities and quotation audits</li></ul>Your Profile<ul><li>Master's degree in (business) mathematics with a concentration in stochastics or statistics</li><li>Initial experience in programming and/or empirical data analysis through internships etc. is desirable</li><li>Proficient user skills in English (at least level C1), independent user skills in German (at least level B2)</li></ul>On a personal level, you can impress us with your assured, customer-centric approach as well as your team and communication skills. If you are also willing to go on occasional business trips, you have come to exactly the right place!What We Offer<ul><li>Atmosphere: 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.</li><li>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.</li><li>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!</li></ul>

If you want to experience how things are done in the Reinsurance Accounting &amp; Valuation - Actuarial Models &amp; Systems - Product Model Development team at our headquarters in Hannover/Germany, join us on a permanent, full-time basis commencing at the earliest possible date as a Mathematician / Actuary Product Model Development.Your Tasks<ul><li>Product modelling for our international locations serving life and health reinsurance that reflects reporting requirements arising out of internal actuarial processes as well as (inter)national financial reporting standards for insurance contracts</li><li>Connecting the international locations to the central actuarial system landscape in life and health reinsurance</li><li>Ongoing refinement of the projection models used</li><li>Conducting user training activities in relation to the actuarial system landscape</li></ul>Your Profile<ul><li>Master's degree in (industrial or business) mathematics</li><li>Very good knowledge of a higher programming language, ideally C++</li><li>Ideally, experience in the field of actuarial mathematics and/or knowledge of life (re)insurance products</li><li>SQL skills and experience with standard software design principles is an advantage</li><li>Willingness to train as a certified actuary (DAV)</li><li>Proficient user skills in English (at least level C1)</li></ul>On a personal level, you can impress us with your conceptual abilities and capacity for analytical thinking. If you also have an assured manner in interactions with internal and external customers and are an enthusiastic team player, you have come to exactly the right place!What We Offer<ul><li>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.</li></ul>

Hannover Re Bermuda Ltd is a BMA regulated dual license reinsurer conducting both Life &amp; Health as well as Property Catastrophe business. We are seeking a Senior Marketing Actuary responsible for pricing, writing, documenting, reporting and monitoring existing and new treaties for Hannover Re Life &amp; Health portfolios.The Senior Marketing Actuary supports the Business Development Manager and the Chief Business Development Officer with their marketing activities.Your Tasks<ul><li>Analyze, model and price new business opportunities and existing book in accordance with group and local guidelines</li><li>Develop tailor-made reinsurance solutions to meet the needs of current and potential clients</li><li>Develop pricing models and assumptions for various lines of business in various geographical locations and document all analytical results</li><li>Negotiate with internal and external clients</li><li>Ensure compliance with all internal and external underwriting guidelines and legal requirements</li><li>Perform treaty-related duties (writing, reviewing, validating, registering, archiving, monitoring performance)</li><li>Perform technical and peer reviews of pricing and treaty wording</li><li>Promote the Company’s expertise in financial solutions by participating in/leading internal events to educate on risk</li><li>Research new markets and lines of business in order to diversify exposure</li><li>Build and enhance relationships with brokers, clients and other entities within the Group</li><li>Support the business planning and forecasting process and the development of new tools and approaches</li></ul>Your Profile<ul><li>Fellow of Society of Actuaries, Institute and Faculty of Actuaries or other life actuarial qualifications from a recognized professional body</li><li>Minimum of 10 years of actuarial experience in pricing for life and health (re)insurance</li><li>Technical experience in the specialist fields of financial reinsurance and/or mortality, morbidity, health and critical illness</li><li>Geographical experience in our target markets of UK, Europe and Asia Pacific</li><li>Strong analytical and problem-solving skills as well as strong sales and marketing abilities</li><li>Demonstrated success to support new business acquisition</li><li>Creative mindset to develop new solutions depending on different regulations</li><li>Assured approach to dealing with internal and external customers</li><li>Excellent oral and written communication skills and strong interpersonal skills</li><li>Technically proficient in MS Excel, Visual basic, Database management tools (Access/SQL) and working knowledge of MS PowerPoint and MS Word</li><li>Ability to manage multiple projects and to produce quality deliverables on time with tight deadlines</li><li>Strong work ethic, hardworking, willing to put in extra hours to meet deadlines</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 arrangements, benefits superior to those of the collective agreement as well as fitness and wellness programmes are just some of what we can offer you.Perspective: Show us what you are capable of and seize the opportunity to actively shape your professional future.

If you want to experience how things are done in the Reinsurance Accounting &amp; Valuation - P&amp;C Valuation team at our headquarters in Hannover/Germany, join us on a permanent, full-time basis commencing at the earliest possible date as a Valuation Actuary for Business Group Property &amp; Casualty.Your Tasks<ul><li>Compiling and processing actuarial reserve analyses for Hannover Re's P&amp;C business</li><li>Drawing up quarterly and annual financial statements in accordance with HGB and IFRS 17 as well as valuation according to Solvency II</li><li>Economic valuation of the worldwide P&amp;C (re)insurance business as a basis for corporate management and performance measurement</li><li>Reserving of regional, customer-specific and line-of-business-specific subsegments both at Group head office and at our international locations for all relevant financial statements (HGB, IFRS 17, Solvency II)</li><li>Communication with internal and external customers such as independent auditors, analysts and colleagues from Hannover Re's international network</li><li>Participation in interdepartmental projects as well as interdisciplinary exchange with colleagues from IT, Underwriting and Accounting</li><li>Further development of methods and systems for reserve determination and analysis</li></ul>Your Profile<ul><li>Degree in (business) mathematics, physics, computer science or economic/scientific studies with a mathematical focus</li><li>Business-fluent user skills in German and English (at least level B2)</li><li>Capacity for self-reliant development of solutions to complex problems</li><li>Structured way of thinking, recognition of complex correlations and solution-oriented approach to problems</li></ul>On a personal level, you can impress us with your strong powers of communication as well as your conceptual and analytical abilities. If you are also willing to go on occasional business trips and enjoy working in a team and in an international network you have come to exactly the right place!What We Offer<ul><li>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.</li><li>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!</li></ul>

As a global reinsurer we assume risks from other insurers and work with them to develop innovative products. Some 3,000 experts worldwide from a range of specialist disciplines devote their know-how and passion for their profession to strengthening and expanding our excellent market position on a daily basis. By taking an assuredly different approach to their work, they make us one of the most profitable reinsurance groups in the world.If you want to experience how things are done at Hannover Re UK Life Branch, London, start planning your next career step with us and join the team on a temporary, full-time basis for our four-year programme commencing at the earliest possible date as a Graduate Actuarial Analyst.Your Tasks<ul><li>The four-year programme is aimed at attracting talented graduates (including those about to graduate) with a minimum of an upper second class (2:1) degree in a mathematical subject and a keen interest in taking ownership of our company's success from the start.</li><li>Successful applicants will be given the opportunity to rotate through key departments according to business needs such as:</li><ul><li>Biometric Research</li><li>Business Development</li><li>Corporate Actuarial</li></ul><li>Mutually profitable long-term partnerships are at the heart of our business development strategy. From engaging directly with clients to pricing new opportunities, graduates will support us in delivering a wide range of innovative solutions and services.</li><li>Focusing on one of three areas, protection, longevity or financial solutions, graduates will gain a range and depth of experience using the latest actuarial and data science techniques.</li></ul>Biometric ResearchWe believe better intelligence supports better decisions – which is why our Biometric Research department is known for the scope and quality of its medical and market research. Graduates will learn the value of data, using the latest research in health and medicine to price more accurately and manage our risks.Corporate ActuarialBy putting a value on our business, graduates will learn what really drives our profitability. We use the latest actuarial modelling software to project future cash flows of our business for reporting, and to provide management information used to steer our business. Graduates will also help to ensure we are ahead of the latest regulatory and accounting developments.Your Profile<ul><li>A minimum of an upper second class (2:1) degree in a mathematical subject</li></ul>What We Offer<ul><li>Atmosphere: 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.</li><li>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.</li><li>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!</li></ul>

Actuarial jobs at Hannover Re