Junior Reinsurance Technician Apprenticeship

Junior Reinsurance Technician Apprenticeship

Apprenticeship 18000 - 25000 £ / year (est.) No working from home possible
Hannover Rückversicherung AG

At a Glance

  • Tasks: Support reinsurance operations and manage accounts while learning professional accounting.
  • Company: Join Hannover Re, a leading global reinsurer with a collaborative culture.
  • Benefits: Enjoy health initiatives, personal development, and a supportive work environment.
  • Other info: Dynamic team atmosphere with opportunities for growth and innovation.
  • Why this job: Kickstart your finance career with hands-on experience and mentorship.
  • Qualifications: Level 3 qualifications required; no prior experience needed.

The predicted salary is between 18000 - 25000 £ per year.

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 Solutions that worked yesterday may be outdated tomorrow.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.

The Role: Starting in September 2026, this 3-year apprenticeship role is designed for individuals looking to start a career in finance and reinsurance operations. Working within the Reinsurance Operations team, the apprentice will support the administration of reinsurance accounts, while undertaking the Kaplan Level 4 Professional Accounting Technician (AAT) apprenticeship. The role will also support the Reinsurance Operations team with their account’s validation and administration activities. The individual will be comfortable working independently and as part of the wider team. We are looking for two apprentices to join the team.

Duties & Responsibilities:

  • Processing of reinsurance accounts, including:
    • Data entry to the Company’s policy and claims administration system;
    • Preparation of treaty claims statements for settlements;
    • Input of financial entries into the Company’s treaty accounting system.

Ensuring that all claim settlement requests processed are financially valid, are of an appropriate data quality, are claimed in accordance with treaty terms, and settled within stated service standards. Support the Reinsurance Operations team in the administration of a portfolio of clients, ensuring all claims and policy data provided by the clients adhere to the agreed treaty terms and conditions, including data quality and service standards. Maintain quality and consistency of process standards and operational controls. Develop and maintain good relations with colleagues across the business. Maintain good relationships with clients. Participate in work‑based projects to improve operational processes and data quality. Perform ad‑hoc administrative tasks to support the team.

About You:

Qualifications Required:

  • Level 3 qualifications (A-Levels, BTEC, or equivalent).
  • GCSE's Grades 9 - 4 (or equivalent).

Experience:

  • No prior work experience required (ideal for school leavers or career starters).
  • Proficient in all Microsoft Office applications, particularly Excel.

Skills:

  • Strong numeracy and analytical skills.
  • Effective written and verbal communication.
  • Attention to detail and data accuracy.
  • Inquisitive and analytical mindset and a natural problem solver.
  • Organised, proactive, and able to manage time effectively.
  • Growth mindset with a focus on continued self-development.

Person Specification:

  • Communicating and Influencing: Excellent negotiation skills and demonstrated capacity to influence decisions and manage relationships with key stakeholders both in HLRUK (Senior Management team) and across the Group. Adapts communication style depending on audience.
  • Problem solving: Ability to break down complex issues and identify trends, patterns and interdependencies. Pragmatic approach to assessing risks when developing solutions.
  • Delivery and Accountability: Accountable for individual and team deliveries to support the overall Branch objectives. Creates an environment where challenge is expected and encouraged and holds individuals accountable for same. Efficient and responsive ensuring deadlines are met.
  • Innovation and Continuous Improvement: Creates an environment where new ideas and solutions are encouraged. Continuously strives for process improvement.
  • Developing Capability and Knowledge Sharing: Actively develops and enables the team acting as a role model and mentor.
  • Customer Focus: Develops a deep understanding of the complexities of the customer business in order to implement ideas and technical expertise. Ensures that customer feedback is actioned and customer satisfaction maintained.
  • Team Player: Focuses on building and maintaining a positive team culture and developing cross‑functional relationships. Embraces diversity of thought, ideas and skills to engage the team and deliver objectives.

Life at Hannover Re UK:

Atmosphere: Work in a global team that values innovation, agile decision‑making and mutual respect. We challenge convention, encourage open feedback and foster a community where everyone’s voice matters.

Benefits: From structured onboarding to a comprehensive range of benefits, we invest in your well‑being every step of the way. Our offerings include health and wellness initiatives, personal and professional development opportunities and a support system designed to help you thrive in all aspects of your growth and daily life.

Prospects: Bring your expertise and curiosity – here, you'll have the space to drive change and own your ideas. We’ll keep you engaged with fresh challenges, mentorship, skill‑building opportunities and the freedom to shape your path.

Junior Reinsurance Technician Apprenticeship employer: Hannover Rückversicherung AG

Hannover Re is an exceptional employer that fosters a collaborative and innovative work culture, where every employee's voice is valued. With a strong commitment to personal and professional development, apprentices will benefit from structured onboarding, health and wellness initiatives, and mentorship opportunities, all while working in a dynamic global team. This apprenticeship not only offers a pathway into the finance and reinsurance sector but also encourages continuous growth and the freedom to drive change.

Hannover Rückversicherung AG

Contact Details:

Hannover Rückversicherung AG Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Junior Reinsurance Technician Apprenticeship

Tip Number 1

Network like a pro! Reach out to current employees at Hannover Re on LinkedIn or other platforms. Ask them about their experiences and any tips they might have for landing the apprenticeship. Personal connections can make a huge difference!

Tip Number 2

Prepare for interviews by practising common questions related to finance and reinsurance. Think about how your skills, like attention to detail and problem-solving, fit into the role. We want to see your passion and how you can contribute to the team!

Tip Number 3

Show off your Excel skills! Since proficiency in Microsoft Office is key, brush up on your Excel abilities. Maybe create a sample spreadsheet that demonstrates your analytical skills. It’s a great way to stand out during the interview process.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the Hannover Re family. Let’s get you started on this exciting journey!

We think you need these skills to ace Junior Reinsurance Technician Apprenticeship

Numeracy Skills
Analytical Skills
Attention to Detail
Data Entry
Financial Validation
Communication Skills
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Junior Reinsurance Technician role. Highlight your relevant skills, like your strong numeracy and analytical abilities, and show how they align with what we’re looking for.

Show Off Your Communication Skills:Since effective written communication is key in this role, ensure your application is clear and concise. Use proper grammar and structure to demonstrate your attention to detail and ability to communicate effectively.

Highlight Your Team Spirit:We value teamwork, so don’t forget to mention any experiences where you’ve worked well with others. Whether it’s school projects or extracurricular activities, showing that you can collaborate will make you stand out.

Apply Through Our Website:For the best chance of success, make sure to submit your application through our official website. This way, we can easily track your application and get back to you quicker!

How to prepare for a job interview at Hannover Rückversicherung AG

Know Your Numbers

As a Junior Reinsurance Technician, you'll be dealing with data entry and financial entries. Brush up on your numeracy skills and be prepared to discuss how you handle data accuracy. Maybe even bring an example of a time you solved a numerical problem!

Show Your Team Spirit

This role requires collaboration within the Reinsurance Operations team. Be ready to share examples of how you've worked in a team before, whether in school projects or extracurricular activities. Highlight your ability to build relationships and communicate effectively.

Demonstrate Your Problem-Solving Skills

The company values innovative solutions, so think of a time when you faced a challenge and how you approached it. Be prepared to explain your thought process and how you broke down complex issues. This will show your analytical mindset!

Ask Insightful Questions

Interviews are a two-way street! Prepare some thoughtful questions about the apprenticeship, the Reinsurance Operations team, or the company's approach to innovation. This shows your genuine interest and helps you assess if it's the right fit for you.