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Valuation Actuary Life and Health Reinsurance

Reference Number:  3097
Contract Type:  Temporary
Working Time:  Full-Time

Hannover Re - with around 4,000 employees at locations all over the world. Our strength? Connecting Power: We rely on each other. As a reinsurer, we protect customers in the event of a claim. This requires customised, innovative solutions. Solutions that worked yesterday may be outdated tomorrow. We challenge ourselves and continuously optimise our services, advice and products. All this makes us one of the leading and most profitable reinsurance groups in the world and a reliable employer.

Let's connect: If you want to experience how things are done in the Reinsurance Valuation & Steering team at our headquarters in Hannover / Germany, join us on a temporary basis until December 31, 2027, commencing as soon as possible as a Valuation Actuary Life and Health Reinsurance. In this temporary position, you will work on central validation and reporting processes in accordance with IFRS 17 and Solvency II and support our international Life & Health reinsurance business in key phases. You can expect challenging tasks, a professional environment and close cooperation with experts from our global network.

You can look forward to

  • Preparation of balance sheet and forecast values for IFRS 17 and Solvency II for Life & Health reinsurance business
  • Using and further developing actuarial models 
  • Economic valuation of the Life & Health reinsurance portfolios 
  • Using multiple internal systems and databases to generate balance sheet and forecast values 
  • Analysing and checking the plausibility of balance sheet and forecast values 
  • Collaboration on reporting tasks for IFRS 17 and Solvency II
  • Communicating with internal and external stakeholders, such as independent auditors and colleagues from the international network of the Hannover Re Group 
  • Interdisciplinary exchange with colleagues from the areas of Underwriting, Accounting, Group Risk Management and IT

You come equipped with

  • Degree in (business) mathematics or business administration or a comparable subject area 
  • Professional experience in life(re)insurance business is desirable 
  • Member of an actuarial society or actuarial actuarial training programme of advantage
  • Well-versed in using Excel and capacity for analytical thinking
  • Knowledge of balance sheet mathematics
  • Experience with IFRS 17 reporting is desirable 
  • Independent user skills in English (at least level B2), German skills or willing to learn the language desirable
  • Ability to manage complex issues with confidence, work collaboratively in an international team and also act confidently in challenging phases

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
  • 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: Hansefit membership 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), 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! Apply with just one click on the „Apply now“-button and become part of our diverse team! We'd love to hear about your skills and experiences. No need to upload a photo – it won't impact your application.

 

More on our work environment, your entry opportunities and development prospects can be found at www.hannover-re.com/en/career.

 

Joana Michel | Hannover Re | personnel@hannover-re.com 

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