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 Solutions that worked yesterday may be outdated tomorrow.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 in London employer: Hannover Rückversicherung AG
Hannover Re is an exceptional employer that fosters a collaborative and innovative work culture, where every voice is valued. As a Junior Reinsurance Technician Apprentice, you will benefit from comprehensive onboarding, health and wellness initiatives, and ample opportunities for personal and professional development. Located in a global team environment, you'll have the chance to drive change, engage with fresh challenges, and shape your career path in the dynamic field of reinsurance.
Contact Details:
Hannover Rückversicherung AG Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Junior Reinsurance Technician Apprenticeship in London
✨Tip Number 1
Network like a pro! Reach out to people in the reinsurance industry on LinkedIn or at local events. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching Hannover Re and understanding their values. Be ready to discuss how your skills align with their focus on innovation and customer satisfaction. Show them you're not just another candidate!
✨Tip Number 3
Practice your problem-solving skills! Since the role involves analytical tasks, try working through some case studies or scenarios related to reinsurance. This will help you think on your feet during interviews.
✨Tip Number 4
Apply directly through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining the team at Hannover Re.
We think you need these skills to ace Junior Reinsurance Technician Apprenticeship in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your application to reflect the skills and experiences mentioned in the job description. Highlight your strong numeracy, analytical skills, and any relevant coursework or projects that showcase your attention to detail.
Show Your Enthusiasm:Let your passion for finance and reinsurance shine through! Use your cover letter to express why you're excited about this apprenticeship and how it aligns with your career goals. We love seeing candidates who are genuinely interested in the field.
Be Clear and Concise:When writing your application, keep it clear and to the point. Avoid jargon and make sure your sentences are easy to read. This will help us see your effective communication skills right from the start!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way to ensure we receive all your details correctly and gives you a chance to explore more about us and what we do.
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 and financial entries. Brush up on your numeracy skills and be prepared to discuss how you approach data accuracy and analysis. 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 Curiosity
Hannover Re values innovation and continuous improvement. Prepare to discuss how you stay curious and seek out new knowledge. Think about questions you might ask during the interview that show your interest in the company and the reinsurance industry.
✨Be Organised and Proactive
Time management is key in this role. Share strategies you use to stay organised, especially when juggling multiple tasks. You could mention any tools or methods you employ to keep track of deadlines and ensure quality in your work.