Hannover, Lower Saxony, Germany Hybrid Employment

Hannover Re is hiring a Trainee Mathematics Property and Casualty Reinsurance

About the Role

Hannover Re invites you to join our 18-month trainee program as a Mathematics Property and Casualty Reinsurance Trainee. You will develop your skills through targeted training, independent projects, and rotations tailored to your strengths, gaining a comprehensive understanding of the non-life reinsurance spectrum, including Advanced Solutions, Insurance-Linked Securities, and Group Risk Management.

What You'll Do

  • Gain insights into risk management, insurance product pricing, and the development of innovative reinsurance solutions.
  • Learn the day-to-day business of various specialist departments and actively contribute your ideas.
  • Support predominantly IT-related projects and contribute to our digital transformation.
  • Spend several months abroad at one of our international locations.
  • Participate in special trainee events and build a group-wide network.

What We're Looking For

  • A very good Master's degree in (business) mathematics with a focus on stochastics, financial, or actuarial mathematics.
  • Proficient user skills in English and conversational German skills.
  • High IT affinity and strong self-organization abilities.
  • Connecting power and a communicative personality.

Nice to Have

  • Initial practical experience in the financial services industry or insurance/banking training.
  • International experience, for example through study visits abroad.

Benefits & Compensation

  • Flexibility: A hybrid work model with flexible working hours and 30 days of annual leave.
  • Work Abroad: Up to 30 days a year within EU Member States, Iceland, Liechtenstein, Norway, and Switzerland.
  • Financial Benefits: Company pension scheme, employee shares at favourable conditions, vacation and Christmas allowances.
  • Worry-free Relocation: Wrap-around support for your accommodation search and relocation to Hannover.
  • Lifelong Learning: An innovative programme of further training, including e-learning, specialist seminars, soft skills training, language courses, and work shadowing.
  • Digital Fitness: Training on making daily work more efficient using our AI tools, especially Microsoft Copilot.
  • Healthy Work Environment: Ergonomic workstations and an outstanding canteen with a rich selection of regional dishes.
  • Corporate Fitness: Hansefit membership across Germany or at Daily Fitness gym in Hannover.
  • Corporate Benefits: Discounts on products and services from well-known vendors.
  • Individual Family Support: Company daycare facility and free, anonymous external counselling.
  • Mobility: Free pass on local public transport (Deutschlandticket), bicycle leasing (for permanent contracts), free parking, and electric charging stations.
  • Connecting Power: Regular parties, team events, and internal networking activities.

Work Mode

This role follows a hybrid work model and is based in Hannover, Germany.

Hannover Re is an equal opportunity employer fostering a culture of Responsibility, We-spirit, and Drive.

Required Skills
MathematicsStochasticsFinancial MathematicsActuarial MathematicsEnglishGermanData AnalysisStatisticsRisk ModelingSelf-OrganizationCommunication
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About company
Hannover Re

Hannover Re transfers reinsurance risks to the capital markets – mainly through securitisations, but also via fronting solutions.

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Job Details
Department Data and Analytics
Category other
Posted 14 days ago