Financial and Actuarial Mathematics, TU Wien, Austria TU Wien FAM


Gen Re is a member of the Berkshire Hathaway family of companies and a world-class global reinsurer specialising in the Life/Health and Property/Casualty markets. Gen Re is represented by an international and U.S. network of more than 40 branch and subsidiary offices in key markets. The reinsurance industry, which is part of the underlying structure of the financial industry, provides and shares insurance risk with insurance companies. Gen Re has a superior financial strength rating of A++ (Superior) from A.M. Best.

Are you trying to find a career where you can link your interest in data analysis, insurance topics and client services? Our Business Unit Life/Health International offers an excellent opportunity to combine all these fields within a collaborative, fun and high performance culture. You will be employed at our Vienna office; during the trainee program you will be assigned to our office in Cologne. Join our

Trainee Program for a Reinsurance Actuary


Program Description:

Within a few months of joining Gen Re you will participate in our trainee program, currently planned to start in the second quarter of 2017. We provide an international trainee program, which is based on a high level of empowerment within an exceedingly productive environment, combining on the job training with intensive classroom phases. There may also be the opportunity of a several week assignment in another location or business environment. During the comprehensive program you will become familiar with all relevant aspects of our unit Life/Health International. This comprises in particular knowledge about reinsurance standards and guidelines, risk management, biometric products, tools and, of course, clients. Training also covers interpersonal skills as well as client and business development. This program is the ideal opportunity to build an excellent network with your international peers participating in the program and a broad variety of Life/Health International experts at an early stage in your career.

Position Description:

The position of Reinsurance Actuary involves the acquisition, servicing and active cultivation of relationships with our clients and includes a broad range of tasks, including:

  • Actuarial analysis and assessment of life insurance portfolios for the purposes of risk management, planning and quotation
  • Drawing up reinsurance treaties
  • Evaluating life insurance products in relation to best risk management practices
  • Supporting product development
  • Presentations and training measures for clients
  • Marketing activities, including giving presentations at conferences and writing articles
  • Participation in international projects

Responsibilities continue to grow and evolve throughout one's career at Gen Re. Our employees enjoy flexibility, a quality work environment, comprehensive benefits and a competitive compensation structure. We are continually committed to strengthening our employees’ professional skills, industry knowledge and personal growth


  • Excellent university degree in mathematics or actuarial science. However, for the right person a different background may also be taken into consideration
  • Willingness to commence actuarial qualification; candidates who have already started writing actuarial exams will have an advantage.
  • Strong interest in the economic interrelations of insurance and reinsurance
  • Prior work experience or internship in insurance or reinsurance would be advantageous
  • Interest in working in an international environment
  • Very good familiarity with MS Office, especially Excel, and ideally in data analysis tools
  • Strong analytical and critical thinking skills
  • Capacity to work effectively in a team environment
  • High degree of energy and creativity
  • Strong verbal and written communication skills
  • Excellent interpersonal skills
  • Fluent English, additional languages, ideally Polish, would be advantageous

We offer you an attractive salary package adequate to your qualifications and experience. We are obliged by law to state that the minimum annual gross salary for this position based on the collective agreement of the Austrian insurance industry is EUR 38.740 for 38.5 hours.

If you are interested in this position, please submit your application documents in English together with details of your salary expectation and your earliest possible starting date.

General Reinsurance AG
Human Resources – Ellen Sistermann
Tel.: +49 221 9738 547
Apply here:

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