Business Process Engineer

Hannover Life Reassurance Company of America (Hannover Re) is currently seeking talented candidates for a full-time Business Process Engineer position, within the CSS – Corporate Actuarial department. Please see below for more information regarding the essential functions of this position, required qualifications, and how to apply.

Job Description

Job Summary: 

The Business Process Engineer acts as a key contributor to timely reporting of financial results for Hannover Re on a Solvency II, IFRS17, and Internal Capital Model reporting basis. This role is designed to drive operational excellence through evaluation and re-engineering of chosen actuarial and accounting processes. The primary objective is to facilitate the reduction of operational risks by facilitating automation of critical workloads to ensure both efficiency and compliance with evolving industry standards.

Essential Functions:

(40%) Process Optimization and Operational Risk Mitigation: Evaluate and re-engineer actuarial and accounting processes, identifying areas for improvement and operational risk mitigation. Ensure seamless integration of these processes with Azure cloud solutions.

(30%) Technical Solutioning and Cloud Migration: Implement the migration of critical actuarial workloads to the Azure platform, ensuring high levels of performance, security, and scalability.

(10%) Cross-functional Collaboration : Work closely with IT, actuarial, and accounting teams to align technical solutions with business strategies. Provide mentorship and guidance to team members in process optimization.

(10%)Database support: Load semi-annual Solvency II sensitivity model output to the data warehouse per agreed internal deadlines.  Prepares extract for loading quarterly Solvency II cash flows from Hannover office reporting system to the data warehouse.  Update mapping tables as needed.

(10%) Continuous Learning and Innovation: Stay abreast of the latest trends in cloud technology and process engineering, integrating solutions into business practices.

Qualifications

Competencies:

• Situational Adaptability
• Manages Complexity
• Collaborates    
• Drives Results    
• Resourcefulness

 
Essential knowledge skills and abilities:

• Bachelor’s degree in Computer Science, Actuarial Science, Risk Management, or related field.
• Minimum of 3 years experience working in data analyst role in financial services or related area
• Proven ability to read and refactor SQL, R, and Python code.
• Intermediate/Advanced MS Office: Excel, Word, Outlook, and Powerpoint
• Advanced database or related skills
• Demonstrated experience in process re-engineering and cloud solution implementations.
• Strong analytical and problem-solving skills
• Excellent communication and leadership abilities.

Desired knowledge skills and abilities:

• Actuarial certification exams or designations such as Associate of the Society of Actuaries.
• Progress towards Microsoft Azure Certifications: Azure Administrator and/or Solutions Architect.
• Experience in financial services, insurance, or reinsurance industries.
• Experience in managing and coordinating projects.

Travel:

• Less than 10%, domestic, possible overnight travel

Total Compensation Range (Inclusive of Base + Bonus) :

• $94,800 - $128,200

Benefits Include:
- Comprehensive medical, dental, and vision
- Paid Time Off (PTO) - Company provided life insurance and disability benefits
- 401(k) and profit sharing
- Additional ancillary benefits available

 
Hannover Re seeks to attract the best-qualified candidates who support the mission, vision and values of the company and those who respect and promote excellence through diversity. We are committed to providing equal employment opportunities (EEO) to all employees and applicants without regard to race, color, creed, religion, sex, age, national origin, citizenship, sexual orientation, gender identity and expression, physical or mental disability, marital, familial or parental status, genetic information, military status, veteran status or any other legally protected classification. The company complies with all applicable state and local laws governing nondiscrimination in employment and prohibits unlawful harassment based on any of the aforementioned protected classes at every location in which the company operates. This applies to all terms, conditions and privileges of employment including but not limited to: hiring, assessments, probation, placement, benefits, promotion, demotion, termination, layoff, recall, transfer, leave of absence, compensation, training and development, social and recreational programs, educational assistance and retirement.

We are committed to making our application process and workplace accessible for individuals with disabilities. Upon request, Hannover Re will reasonably accommodate applicants so they can participate in the application process unless doing so would create an undue hardship to Hannover Re, or a threat to these individuals, others in the workplace or the company as a whole. To request an accommodation, email HRLUS-personnel@hannover-re.com. Please allow for 24 hours to process your request.

We will accept applications until a candidate has been identified and selected to fill this position.