Rising Stars of Bermuda
Job title: Corporate actuary & risk manager
Company: Hannover Life Reassurance Bermuda
2013: Corporate actuary, Hannover Life Reassurance
2008: Actuary, Hannover Re, Hannover
2007: Junior actuary, Santander Seguros, Madrid
Why did you choose to go into the re/insurance
I started my career in insurance operations of a large bank.
Part of my job responsibility was the internal retrocessions
for the German subsidiaries. I really enjoyed the work
and got pulled into reinsurance by its global nature and
analytically interesting topics.
Do you think the industry is attractive to young
Definitely. I think reinsurance is a very attractive and dynamic
industry. We have to be able to provide added value to our
clients to be successful. The need to be innovative and ahead
of the curve provides us as employees a lot of possibility for
personal growth and professional development.
I especially enjoy the international environment with
clients and colleagues from all around the world and the
work in interdisciplinary team without silos.
Do you think the re/insurance industry offers good
opportunities and career development to young
Absolutely. The industry is obliged to drive innovation.
Compared to large multinational banks or insurance
companies, reinsurers are usually smaller operations. At
Hannover Life Re Bermuda, for example, we have a fairly
flat hierarchic structure which allows young professionals
to assume responsibilities early in their career without
getting lost in the silos of a large group.
“Both prior and envisaged future
changes to regulatory and capital
frameworks globally have been drivers
for our business development.”
What are your aspirations for the future?
Bermuda and the excellent regulatory environment
provides a great platform for further growth for Hannover
Life Re Bermuda. Both prior and envisaged future changes
to regulatory and capital frameworks globally have been
drivers for our business development. My aspiration as part
of the team is to further assure this growth and to keep on
providing value adding reinsurance solutions to our clients.
If you had chosen a different profession/career
path, what would it have been?
My grandparents, parents and siblings have all been
veterinaries. So alternatively I would have most likely
followed the family tradition and would now be a vet in a
small village in the north of Germany.