Actuary / Mathematician Property & Casualty Reinsurance
Start Date
On request
Sector
Insurance
Salary
Competitive salary
Listing data as of October 25, 2026
About this Apprenticeship
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 MB5 TUW team at our headquarters in Hannover / Germany, join us on a temporary, full-time / for 24 months, commencing as soon as possible as a Actuary / Mathematician Property & Casualty Reinsurance. #LI-DNI
What You'll Learn
- You analyse developments and trends in property and motor insurance and derive well-founded recommendations for action
- You perform portfolio analyses with a focus on E+S Rück’s business and provide valuable insights for our specialist departments
- You develop and enhance actuarial tools, particularly using R, as well as Excel and BI/MicroStrategy environments
- You actively contribute to the automation of underwriting processes and help further develop our systems and workflows
- You analyse the impact of regulatory requirements, particularly Solvency II, on the German reinsurance portfolio
Requirements
- Successfully completed degree in (business) mathematics, physics, statistics, economics, or a comparable field of study
- Initial professional experience in the (re)insurance industry, as well as knowledge of property and motor insurance
- Actuarial knowledge is desirable, for example through DAV courses, CERA qualification, or a comparable certification; a completed DAV qualification is an advantage
- Knowledge of actuarial calculations and programming in R
- German language skills at C2 level and conversational English
- Willingness to undertake occasional one- to two-day business trips
- You work in a structured and independent manner and stand out through your analytical mindset and your ability to communicate effectively with different audiences
What We Offer
- 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) [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
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