The Quotations department is responsible for calculating premiums of property and casualty reinsurance contracts. Our quotations ensure the profitability of Hannover Re and minimise so-called mispricing risks. To this end, we use actuarial and stochastic models which we develop ourselves.
What do we do exactly?
We create evaluations based on actuarial studies and pre-prepared risk and market analyses. Furthermore, we develop and optimise quotation tools which we need for our calculations. We also sometimes provide other departments with these models and offer appropriate training.
What skills do we have?
Most of the employees in Quotations have the following qualifications:
- A degree in mathematics, majoring in stochastics
- Economics knowledge
- Communication skills