Marketing Actuary
Hannover Re, with gross reinsurance revenue of EUR 24.5 billion, is one of the world's leading reinsurers with a strong global Life & Health reinsurance platform alongside its Property & Casualty business Through its network of more than 170 subsidiaries, branches, and representative offices across all continents. Hannover Re a total workforce of roughly 3,900, Hannover Re provides reinsurance solutions to clients across a broad range of markets and product lines.
In Bermuda, the core subsidiary Hannover Re (Bermuda) Ltd. is a BMA regulated dual license reinsurer with an important focus on Life & Health business, particularly Financial Solutions. The Company also writes property catastrophe reinsurance contracts, supported by its role within Hannover Re’s wider global reinsurance operations.
We are currently seeking applicants for our MARKETING ACTUARY position, reporting to the Chief Business Development Officer. The successful candidate will independently price transactions, support Financial Solutions structuring, and helps manage new and existing Life reinsurance treaties. The role combines technical rigour, commercial judgment and reliable execution, working closely with local offices and Group functions.
Main Responsibilities:
- Independently analyse, model and price standard new business and in-force transactions.
- Develop and maintain pricing models, assumptions and sensitivities for Financial Solutions structures.
- Explain key pricing levers, risks, sensitivities and commercial implications clearly.
- Support transaction structuring by assessing economics, risk, strategic value and execution considerations.
- Prepare clear pricing documentation, approval materials and senior stakeholder summaries.
- Support treaty drafting, review, validation, registration, archiving and implementation.
- Monitor treaty performance, review experience and flag emerging issues or trends.
- Build market, product, regulatory and client knowledge for assigned markets.
- Collaborate with local offices, Financial Solutions colleagues and relevant Group functions.
- Manage workload, priorities and deadlines reliably across multiple live opportunities.
- Contribute to team tools, templates, processes and knowledge sharing.
Requirements:
- A minimum of five (5) years’ actuarial experience, ideally in life (re)insurance pricing, structuring and/or financial solutions.
- Good knowledge of life reinsurance and relevant Financial Solutions structures.
- Ability to price standard transactions independently and explain key assumptions, sensitivities and results clearly.
- Strong analytical skills with commercial judgment and understanding of deal economics, risk and client objectives.
- Advanced Excel and actuarial modelling skills, with familiarity with analytical or reporting tools such as VBA, SQL and/or Power BI.
- Clear written and verbal communication, including pricing papers, approvals and senior stakeholder summaries.
- Organized, collaborative and flexible, with ownership of deliverables across competing priorities and deadlines.
Hannover Re Bermuda is an equal opportunity employer. Qualified persons should apply by 24 July 2026. All applications will be held in the strictest confidence. If you are interested in joining a dynamic team, please navigate to the Marketing Actuary role via the web address to submit your details for consideration: https://www.hannover-re.com/en/career/