Let's connect: If you want to experience how things are done in the Run Off Solutions team at our headquarters in Hanover / Germany, join us on a temporary basis for 29 months, commencing as soon as possible as an Economist Run Off Management.
Our team, which reports directly to the Executive Board, focuses exclusively on the run off of Hannover Re Group's reinsurance contract portfolios - the legacy business - and how this can best be organised for the mutual benefit of our customers and Hannover Re Group entities. Using sophisticated strategies and targeted measures to deal with such legacy portfolios, we not only reduce the liability risk but also optimise the utilisation of loss reserves in order to recycle tied up capital into new opportunities and to save costs. Furthermore, our specialist team serves as the Centre of Competence for run off management across the entire worldwide Hannover Re Group.
- Structuring and negotiation of commutations
- Collecting outstanding receivables, also through commutations or setoffs
- Reduction of reserves and closure of contracts
- Portfolio transfers
- Filing of claims in formal proceedings such as insolvencies
- Contributing to the design of run off concepts, strategies, work tools, guidelines, processes, reporting, among many other things
- University degree or equivalent in business administration, economics, business law or law
- Ideally several years of experience in primary insurance or reinsurance
- Very good understanding of numbers, analytical thinking as well as a precise and structured way of working
- Well-versed in the use of standard software applications and the willingness to familiarise yourself with data warehouse applications and analytics systems (including Bl, SAP FS-RI)
- IT affinity and activities in run off management, in particular commutations, are an advantage
- Strong negotiating skills and experience in working in self-organised teams
- German and English at a business fluent level
Don't meet all the requirements? No problem, 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 20 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
- Healthy Work Environment: Cooperation with the fitness studio Daily Fitness (also for family members), ergonomic workstations, outstanding canteen with rich selection of regional dishes ranging from vegan to hearty made with organic ingredients
- 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 welco