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Hannover Rück SE

Mathematician / Actuarial Mathematician Catastrophe Bonds

Original title: Mathematiker:in / Wirtschaftsmathematiker:in Katastrophenanleihen

Hannover Rück SE
Hannover, NI201-500 employeesSkilled
Full-time
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This job is at Hannover Rück SE. You apply to them, not to GoAusbildung.

  • Start Date

    On request

  • Sector

    Insurance

  • Salary

    Competitive salary

Listing data as of November 1, 2026

About this Apprenticeship

Permanent position starting at the earliest possible time in the RCM-ILS Actuarial P&C department at Hannover Re in Hannover. The team combines reinsurance with capital markets, analyses complex risks and creates the quantitative basis for Insurance-Linked Securities transactions such as catastrophe bonds, as well as for the risk management of the Insurance-Linked Securities central division.

What You'll Learn

  • Start with a structured onboarding and take on responsibility step by step for risk analyses and transactions
  • Use licensed geophysical models to analyse natural catastrophe risks and create risk analyses
  • Support the analysis of reinsurance portfolios and the evaluation of individual reinsurance contracts
  • Contribute to structuring catastrophe bonds
  • Work closely with underwriting and risk experts as well as external partners and prepare analysis results suited to the audience

Requirements

  • Successfully completed master's degree in mathematics, financial mathematics, physics or a comparable natural science field with a very good grade
  • First practical business experience, e.g. through relevant internships, working student jobs or comparable activities in a quantitative environment, is mandatory
  • Very good Excel skills
  • Fluent German and English skills
  • You analyse complex matters in a structured and solution-oriented way, question results critically, recognise key connections, adapt quickly to new situations and communicate your findings clearly and understandably
  • You enjoy working in a team, actively contribute your ideas and add to an open and constructive professional exchange

What Hannover Rück SE offers

  • Flexibility: A hybrid working model with flexible working hours and 30 days of vacation per year
  • Working abroad: Up to 30 days per year within EU member states, Iceland, Liechtenstein, Norway and Switzerland
  • Financial benefits: Company pension scheme, employee shares at discounted conditions, vacation and Christmas bonuses as well as financial participation in company success
  • Carefree relocation: Comprehensive (financial) support with finding housing and relocating to Hannover
  • Lifelong learning: Innovative training offering including e-learning, specialist seminars, soft-skill training, language courses, and the chance to get a taste of other departments through job shadowing
  • Digital fitness: In short trainings we show you how to make your daily work more efficient and smarter with our AI tools, above all Microsoft Copilot
  • Healthy working: Ergonomic workplaces, an excellent canteen with colourful regional offerings from vegan to hearty in organic quality
  • Sports offerings: Nationwide via the Epassi membership (formerly Hansefit) or at the Daily Fitness gym in Hannover (also for family members)
  • Corporate benefits: Discounts on products and services from well-known providers (e.g. travel, fashion, technology)
  • Individual family support: Company daycare and free, anonymous external counselling on personal, professional and psychological matters
  • Mobility: Travel for free with the Jobticket (Deutschlandticket) and the JobRad, free parking and charging stations for cars and bicycles
  • Connecting Power: We celebrate together, organise team events and meet at internal networking events, such as our monthly after-work at the Work Café

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